Schneider Electric: Q1 miss driven by weak residential markets
1Q25 sales came in 1.5% below expectations, with organic growth 150bps under css at +7.4%. The negative surprise was primarily driven by deterioration in building markets, particularly residential. FY25 guidance remains unchanged; however, Fx impacts from EUR strength prompted a -50bps downgrade inSchneider Electric is engaged in energy management. Co. is organized into four areas: Buildings and Partner, Infrastructure, Industry and IT; and operates in four principal markets: non-residential & residential buildings, utilities & infrastructure, industry & machine manufacturers and data centers & networks. The non-residential and residential buildings market includes end-users, property developers, design firms, and systems integrators. The utilities and infrastructure market includes energy operators. The industries market serves end users and companies, and engineering firms. The data centers and networks contain servers that process and store digital data in secure rooms.
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