ENXTPA:LRElectrical
Legrand (ENXTPA:LR) Stock Can Data Center Growth Sustain Margin Strength
Legrand walked into this earnings day with a tired chart and a rich story. The stock closed at €130.3, with the past month down about 11% and the last quarter down about 14%. Yet the latest numbers tell a different tale. Second quarter revenue reached €2,862.7m and basic earnings per share came in at €1.39. The real headline is that the margin engine is still working. Net profit over the last twelve months stands at €1.31b on €10.11b of revenue, keeping profitability close to recent levels...