Report
Delphine Brault

Schneider Electric : Favourable demand momentum confirmed again

>High quality H1, better organic growth, not as much margin improvement - As we wrote in our note yesterday, Schneider Electric reported solid H1 2018 results. Organic sales growth reached 7% in H1 (of which 7.7% in Q2) and the adjusted EBITA margin rose 30bp to 14.4%.While the margin improvement might seem disappointing in light of the growth performance, this was due to the negative impact of: forex, which shaved off -30bp (-€ 141m);a shortage of elec...
Underlying
Schneider Electric SE

Schneider 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.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Delphine Brault

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