Schneider Electric : H1 preview: no change to the trend, H2 should be far better
>H1 2024e: a decent first half, which suffered from the weakness of short-cycle activities - We expect no marked change to the trend in Q2. The energy management division should remain the main driver of activity in Q2 with +8.9% expected on an organic basis (thanks to segments such as grid and data centres), while the industrial automation division should have declined by 6.6%, hard hit by short-cycle businesses (discrete automation). For Q2 alone, we anticipate...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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