Report
Delphine Brault ...
  • Quentin Borie

Schneider Electric : CEO steps down one year ahead of expectations, 2023 guidance impressive on the top line, slightly less so on the margin

>2022 results a shade ahead of expectations - Yesterday morning, Schneider Electric published 2022 results that marginally topped expectations. Organic growth reached +12.2% over full-year 2022 (vs 10.2% expected by the consensus and 10.1% by ODDO BHF) and +16% for Q4 alone, incl. 5% volume growth.The EBITA margin came in at 17.6%, up 30bp, slightly shy of expectations (17.7%), penalised by shortages that disrupted logistics, despite a net raw material price effe...
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

Quentin Borie

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