Bryan Garnier - Schneider Electric (S) SCHNEIDER ELECTRIC: Large bolt-on deal in industrial data collection software | BUY | EUR112(+8%)

Report

Bryan Garnier

Eric Lemarie

SCHNEIDER ELECTRIC: Large bolt-on deal in industrial data collection software | BUY | EUR112(+8%)

SCHNEIDER ELECTRIC - BUY | EUR112(+8%)
Large bolt-on deal in industrial data collection software

Further expansion into the software business
Deal price is within sector valuation range
Deal rationale in line with Schneider strategy
Positive deal which further strengthen software exposure

26/08/2020 4 EN

Underlying

Schneider Electric

See profile

Provider

Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

See profile

Analysts

Eric Lemarie

Other Reports on these Companies

Sabadell

SCHNEIDER ELECTRIC: IT’S ELECTRIFYING! (ANÁLISIS BANCO SABADELL)

It’s electrifying! Iniciamos cobertura con un P.O. de 138 euros/acc. COMPRAR. SU ha caído un -35% vs máximos’22 pese a tener un EBITA’21 un +18% superior (vs niveles pre-covid). Así, la ligera prima con la que cotiza frente a su media histórica no nos parece suficiente cuando los márgenes en los últimos 5 años han pasado de 14,8% a 17,3% (2021). Además, no se esperan impactos relevantes por inflación, cadena de suministros, Rusia, etc… lo que aporta tranquilidad de cara al cumplimiento de sus objetivos’22. Su holgada posición financiera (1,2x DN/EBITDA’21) asegura el pago de dividendo (2,5% y...

EUR 400.00

June 27, 2022 June 27, 2022 1 ES

Sabadell

INFORME DIARIO 27 JUNIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: ACCIONA, LAR ESPAÑA, SECTOR ELÉCTRICO, TÉCNICAS REUNIDAS. EUROPA: INTESA SANPAOLO, PROSUS, SCHNEIDER ELECTRIC. Semana marcada por el discurso de J Powell Nueva semana de volatilidad en las bolsas europeas que consiguieron desdibujar las caídas en el último tramo de la misma y cuya evolución vino marcada por los discursos de J. Powell ante el Congreso y el Senado y que apuntaron a una Fed dispuesta a seguir subiendo tipos hasta controlar la inflación, pero consciente del tensionamiento monetario y sin intención de provocar una recesión en la econ...

EUR 100.00

June 27, 2022 June 27, 2022 1 ES

Bryan Garnier

SCHNEIDER| Hardware |OEM BUY – TP EUR155 A beneficial sustainable automation OEM positioning

June 21, 2022 June 21, 2022 1 EN

Nemetschek: organic resilience clouded by one-offs

This morning, Nemetschek published its Q1 2025 results, which are mostly mixed with very strong top-line at EUR282.8m, 2.4% above consensus, for constant currency growth of 25% (+17.4% full organic). Profitability missed expectations due to extraordinary effects, with EBITDA margin at 28.5% (30.5%

5m 5m 1 EN

Cedric Rossi

Cedric Rossi

Fielmann: strong margin delivery in Q1 2025

Final FY24 results unveiled this morning are in line with last month's pre-release. FIE also provides an update on its Q1 performance: sales jumped by 13% (broadly in line with CSSe) whilst aEBITDA beat expectations by 11% following a 28% surge to EUR146m (CSSe: EUR131.5m). This impressive 370bp-im

5m 5m 1 EN

Antoine Lebourgeois

Antoine Lebourgeois

Vantiva: broadband leads the way, but guidance rests on fragile ground

Vantiva reported Q1 revenues of EUR406m, up +13.5% yoy (+10.3% at constant FX), marking the first quarter without SCS following its divestment. While headline growth appears solid, driven by strong Broadband demand (+20.8% yoy at constant Fx), the improvement may mainly reflect favourable comps, as

5m 5m 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

SCHNEIDER ELECTRIC: Large bolt-on deal in industrial data collection software | BUY | EUR112(+8%)

SCHNEIDER ELECTRIC: IT’S ELECTRIFYING! (ANÁLISIS BANCO SABADELL)

INFORME DIARIO 27 JUNIO (ANÁLISIS BANCO SABADELL)

SCHNEIDER| Hardware |OEM BUY – TP EUR155 A beneficial sustainable automation OEM positioning

Nemetschek: organic resilience clouded by one-offs

Fielmann: strong margin delivery in Q1 2025

Vantiva: broadband leads the way, but guidance rests on fragile ground

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe