Report
Delphine Brault

Schneider Electric : H1 2021 results better than expected and outlook upgraded

>H1 2021 results better than expected - Once again, Schneider Electric beat expectations with the publication of organic growth better than anticipated in Q2 at +23.9% (18.7% in H1). The group emphasised that all regions and segments had contributed and that the price impact on products was +3%. The EBITA margin stood at 17.1% in H1, up 350bp, benefiting from the sharp increase in volumes, net raw materials price effect of € 65m and productivity gains of € 195m (...
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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