Legrand SA (LGRDY) Q1 2026 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Legrand Sa.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.139 Good morning, everybody. Franck Lemery, Roland Marc, and I are happy to welcome 00:00:05.139 -- 00:00:07.883 you to Legrand Q1 2026 00:00:07.883 -- 00:00:10.647 conference call and webcast. 00:00:10.647 -- 00:00:15.314 As you know, this morning we published our press release, financial statements, and the 00:00:15.314 -- 00:00:20.241 slideshow that we will refer to during the call. 00:00:20.241 -- 00:00:24.568 After a few opening remarks, we will comment the results into more details. 00:00:24.568 -- 00:00:28.297 Let me start on page four with the key highlights of the quarter. 00:00:28.297 -- 00:00:34.322 First, Legrand delivered strong sales growth driven by data centers and acquisitions 00:00:34.322 -- 00:00:37.225 while maintaining excellent profitability. 00:00:37.225 -- 00:00:42.289 Second, we announced four very exciting acquisitions since the beginning of 00:00:42.289 -- 00:00:47.774 the year. Third, we confirmed a full year 2026 targets. 00:00:47.774 -- 00:00:52.859 Moving to pages six and seven, I will start with an overview of sales. 00:00:52.859 -- 00:00:58.233 Sales delivered strong growth of plus 18.3% excluding currency effects. 00:00:58.233 -- 00:00:59.856 comprising 00:00:59.856 -- 00:01:03.081 organic growth of plus 9.3%, 00:01:03.081 -- 00:01:08.269 with a strong contribution of data center offerings growing like for like around 00:01:08.269 -- 00:01:10.553 plus 30%, 00:01:10.553 -- 00:01:14.637 and growth through acquisitions of plus 8.2%. 00:01:14.760 -- 00:01:19.949 Based on acquisitions announced and the likely date of consolidation, the overall impact 00:01:19.949 -- 00:01:24.524 of acquisitions should be close to plus 7% for the full year. 00:01:24.524 -- 00:01:29.571 The FX effect was minus 5.8% for the qu...