Schneider Electric : Q4 could be less buoyant, but the EBITA margin is likely to be very resilient
>Q3 sales growth - a big surprise - Schneider Electric generated organic growth of 1.3% for Q3 2020, vs the consensus estimate of -5.9%. The energy management division notably saw activity grow by 2.5%, boosted by residential demand and data centres. In contrast, the industrial automation division reported a decline of 2.5% for activity on an organic basis, penalised by process automation (mining and oil & gas). See our flash published yesterday (“Q3 sales well a...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.
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.
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