Latest news with #electrical
CNA
a day ago
- Business
- CNA
Legrand lifts 2025 margin outlook as data centres fuel growth
French electrical and digital building infrastructure group Legrand on Thursday increased its annual operating margin outlook as it reported first-half core earnings above market expectations. The group, which sells products for the commercial, industrial and residential sectors, had already raised its 2025 revenue growth forecast earlier this month, citing strong North American data centre demand. Its shares were up 4.2 per cent at 0744 GMT, having risen 35.7 per cent so far this year. Tech companies, led by those in the United States, are investing heavily in data centres to meet surging demand for data-hungry artificial intelligence models. Legrand CEO Benoit Coquart told journalists that first-half organic sales growth was up 9 per cent, driven entirely by its data centre business, which accounted for nearly a quarter of sales. The company's data centre revenue has surged nearly sevenfold since 2018, and is expected to exceed 2 billion euros in 2025, he added. The group now expects an adjusted 2025 operating margin after acquisitions of between 20.5 per cent and 21 per cent of sales, compared with 20.5 per cent previously. First-half adjusted earnings before interest and taxes (EBIT) of 1 billion euros ($1.15 billion) beat analysts' consensus of 964 million euros in a company-provided survey. Sales rose 13.4 per cent to 4.77 billion euros, topping the 4.66 billion euro consensus. Coquart said data centres' share of sales could potentially reach 30 per cent but is unlikely to surpass 60 per cent, with residential buildings remaining at the core of the company's business. Here he saw early signs of recovery, particularly in France, but expected no big improvements before 2026. In the U.S., which accounts for 39.2 per cent of group revenue, sales rose 21.6 per cent. Legrand maintained its 2030 targets and said it expects to reach the upper end of its revenue range of around 15 billion euros, compared with 8.6 billion euros it reported last year. ($1 = 0.8715 euros)
Yahoo
a day ago
- Business
- Yahoo
Legrand lifts 2025 margin outlook as data centres fuel growth
By Anna Peverieri (Reuters) -French electrical and digital building infrastructure group Legrand on Thursday increased its annual operating margin outlook as it reported first-half core earnings above market expectations. The group, which sells products for the commercial, industrial and residential sectors, had already raised its 2025 revenue growth forecast earlier this month, citing strong North American data centre demand. Tech companies, led by those in the United States, are investing heavily in data centres to meet surging demand for data-hungry artificial intelligence models. Legrand CEO Benoit Coquart told journalists that first-half organic sales growth was up 9%, driven entirely by its data centre business, which accounted for nearly a quarter of sales. The company's data centre revenue has surged nearly sevenfold since 2018, and is expected to exceed 2 billion euros in 2025, he added. The group now expects an adjusted 2025 operating margin after acquisitions of between 20.5% and 21% of sales, compared with 20.5% previously. First-half adjusted earnings before interest and taxes (EBIT) of 1 billion euros ($1.15 billion) beat analysts' consensus of 964 million euros in a company-provided survey. Sales rose 13.4% to 4.77 billion euros, topping the 4.66 billion euro consensus. Coquart said data centres' share of sales could potentially reach 30% but is unlikely to surpass 60%, with residential buildings remaining at the core of the company's business. Here he saw early signs of recovery, particularly in France, but expected no big improvements before 2026. In the U.S., which accounts for 39.2% of group revenue, sales rose 21.6%. Legrand maintained its 2030 targets and said it expects to reach the upper end of its revenue range of around 15 billion euros, compared with 8.6 billion euros it reported last year. ($1 = 0.8715 euros) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
23-07-2025
- Business
- Globe and Mail
Lucintel Forecasts the Global Polyamide Resin in the Global Composites Industry Market to reach $9 billion by 2031
Lucintel finds that the future of the polyamide resin material market looks promising with opportunities in the transportation, consumer goods, and electrical & electronics applications. The global polyamide resin market is expected to reach an estimated $9 billion by 2031 with a CAGR of 5% from 2024 to 2031. The major drivers for this market are increasing use of lightweight, high temperature thermoplastics in under-hood applications and the replacement According to a market report by Lucintel, the future of the global polyamide resin in the global composites industry market looks promising with opportunities in the transportation, consumer goods, and electrical & electronics applications. The global polyamide resin in the global composites industry market is expected to reach an estimated $9 billion by 2031 with a CAGR of 5% from 2024 to 2031. The major drivers for this market are the increasing use of lightweight, high temperature thermoplastics in under-hood applications and the replacement of metals with polyamide resin based composites in various end uses. A total of 104 figures / charts and 78 tables are provided in this 157-page report to understand trends, opportunity and forecast in polyamide resin in the global composites industry market to 2031 by end use (transportation, consumer goods, electrical & electronics, and others), resin type (polyamide6, polyamide66, polyamide46, and others), product type (short fiber reinforced thermoplastic (SFT), long fiber reinforced thermoplastic (LFT), and continuous fiber reinforced thermoplastic (CFT), and region (North America, Europe, Asia Pacific and Rest of the World).. Lucintel forecasts that transportation will remain the largest end use market by value due to high demand for lightweight thermoplastics with high temperature resistant property, which makes polyamide resin suitable for under the hood applications. SFT will remain the largest market due to its various benefits like ease in processing, low cost production, design flexibility, and the ability to process parts with complex shapes Download sample by clicking on polyamide resin in the global composites industry market Asia Pacific and ROW is expected to remain the largest region and witness the highest growth over the forecast period due to growth in construction sector, transportation sector and increasing awareness towards the lightweight thermoplastics with high temperature resistant property. BASF SE, DSM (Covestro), DuPont, LANXESS AG, Solvay are the major suppliers in the polyamide resin in the global composites industry market. This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@ To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard. About Lucintel At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. Contact: Roy Almaguer Lucintel Dallas, Texas, USA Email: Tel. +1-972-636-5056 Explore Our Latest Publications Coating Heads Market Epoxy Coating Market Hard Coating Market Rebar Coating Market Media Contact Company Name: Lucintel Contact Person: Roy Almaguer Email: Send Email Phone: 972.636.5056 Address: 8951 Cypress Waters Blvd., Suite 160 City: Dallas State: TEXAS Country: United States Website:
Globe and Mail
18-07-2025
- Business
- Globe and Mail
Comfort Systems USA Announces Second Quarter 2025 Conference Call and Webcast
Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of mechanical and electrical contracting services including heating, ventilation, air conditioning, plumbing, electrical, piping and controls, announces that it has scheduled its quarterly conference call and webcast for Friday, July 25, 2025, at 10:00 a.m. Central Time to discuss second quarter 2025 financial results. The results will be released after the market closes on Thursday, July 24, 2025. The conference call will be broadcast live in listen-only mode on the Company's website at The call and the slide presentation to accompany the remarks can be accessed under the 'Investors' tab after second quarter 2025 results are released. Participants who want to join the call and ask a question may register at to receive the dial-in information and a unique PIN to seamlessly access the call. Otherwise, please access the listen-only webcast link. On the next business day following the call, a replay of the entire call will be available on the Company's website. Comfort Systems USA ® is a premier provider of business solutions addressing workplace comfort, with 180 locations in 135 cities around the nation. For more information, visit the Company's website at
Globe and Mail
18-07-2025
- Business
- Globe and Mail
nVent Electric plc to Report Second Quarter 2025 Financial Results on August 1
nVent Electric plc (NYSE: NVT) ('nVent'), a global leader in electrical connection and protection solutions, will report second quarter 2025 financial results on Friday, August 1, 2025. The financial results will be posted on the company's website at The company will issue a news release when the earnings materials are publicly available, including a link to those documents. The company will also hold a conference call with analysts and investors at 9:00 a.m. ET. Related presentation materials will be posted to prior to the conference call. Conference Call and Webcast Details The call can be accessed via webcast at or by dialing 1-833-630-1071 or 1-412-317-1832. Once available, a replay of the conference call will be accessible through August 15, 2025, by dialing 1-877-344-7529 or 1-412-317-0088, along with the access code 1818589. About nVent nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at
