Schneider Electric : 2022 guidance raised thanks to an excellent H1 and the recovery in China
>An excellent H1 and 2022 guidance raised - Schneider Electric reported yesterday morning H1 results ahead of forecasts (see our flash), including organic growth of 10.1% (+10.3% in Q2 alone) vs 6.9% forecast by the consensus and 7.4% by ODDO BHF.The EBITA margin widened by 20bp to 17.3%. Adjusted EBITA came to € 2.78bn, 6% above the consensus forecast.These excellent results allowed the group to raise its 2022 guidance. It is now looking for organic growth ...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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