Schneider Electric : Q2 topped expectations which reassures about the group’s resilience
>Q2 organic growth of 7.1%, lends credibility to top-line guidance - Schneider Electric yesterday morning reported better-than-consensus H1 2024 figures. Organic revenue growth came in at 7.1% for Q2 alone (vs 5.5% expected by ODDO BHF and 5.7% by the consensus) and 6.2% for H1. Whilst China posted a slight decline in revenues in Q2, India, the US and the MEA region posted double-digit growth.By segment, organic growth in Q2 remained very robust at the Ener...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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