Schneider Electric : Q3 expected to be in line with Q2 for organic growth
>Q3 2024e: organic sales growth of 7.3% anticipated - The decline at the discrete automation activity should have continued in Q3, after Q1 at -6.6% and Q2 at -3.5% for the industrial automation division. Sales at this division (19.4% of consolidated sales in H1 2024) should post a decline of 3.2% in Q3, on our reckoning. This estimate should be compared with an expected decline in activity of -20% for Siemens' digital industries division and -18% for ABB's robotics ...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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