Schneider Electric : Feedback from the CMD: a clearly drawn roadmap and ambitious targets
>Organic revenue growth guidance of 7-10% p.a. for 2024-2027 - The group yesterday held a CMD and unveiled its new medium-term guidance. It expects organic revenue growth of 7-10% p.a. for 2024-2027 (vs a previous guidance of 5-8% for 2022-2024). This is well above expectations (consensus of 4.9% over the period). The group has acknowledged that it will have to deal with some headwinds in 2024, and has made it clear that this growth target should be understood as...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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