Legrand SA has reported better-than-expected first-quarter sales, driven by significant growth in its data centre business. The company's performance is attributed to the ongoing surge in artificial intelligence, which is fuelling demand for enhanced data centre infrastructure.
Legrand, a French company specialising in electrical and digital building infrastructure, is benefiting from increased investments in data centres needed to support AI applications. This surge in demand highlights the critical role of robust infrastructure in enabling the expansion of AI technologies.
The strong first-quarter results signal a positive outlook for Legrand as the AI sector continues to expand, suggesting sustained growth in its data centre-related activities. This positions Legrand as a key player in providing essential infrastructure solutions for the rapidly evolving AI landscape.