Report
Delphine Brault ...
  • Quentin Borie

Schneider Electric : Q1 2023: after double-digit price hikes, volumes should take over

>Very strong Q1 sales, due mainly to price hikes - The Q1 sales figures published yesterday brought a positive surprise. Sales were up 15.8% on an organic basis (cf. our flash published yesterday “A very solid Q1, 2023 targets raised but forex set to take a toll”). North America was the main driver of this growth, posting 25.2% on an organic basis, while western Europe grew 15.9% and Asia-Pacific by 5.2%, including a slight decline in China. In terms of the ...
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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