Schneider Electric : Solid growth in Q3 and 2024 guidance confirmed
>Q3 sales up 8% l-f-l - This morning, Schneider Electric published Q3 2024 sales growth of 8% (vs 7.5% for the consensus). The gap in terms of performance between the two divisions remains very significant, with the energy management division continuing to deliver strong growth (+11.6% in organic terms), while the industrial automation division posted a decline of 5.9% on an organic basis, the third straight quarter of decline. By geographic zone, Asia-Pacific wa...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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