Schneider Electric : Q3 with volumes a shade below forecasts, and better pricing
>Q3 sales: 11.5% organic growth of which 5%+ in volumes - The Q3 sales reported yesterday were broadly in line with forecasts (1.6% lower in value, but with slightly better organic growth). They were up 11.5% on an organic basis (see our flash published yesterday (“Organic growth remained solid in Q3, despite discrete automation being under pressure”). North America was once again the main driver, posting 16.9% organic growth, western Europe grew 7.3% and Asia-Pa...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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