Schneider Electric SE

SU

Equity

ISIN FR0000121972 / Valor 509120

Euronext - Euronext Paris (2026-10-05)

EUR 279.13+3.55%

Schneider Electric SE
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About company

Schneider Electric SE is a France‑based, publicly traded multinational that designs, manufactures and sells equipment, software and services for energy management and industrial automation. Headquartered in Rueil‑Malmaison and listed on Euronext Paris, the company supplies electrical distribution and control hardware (such as switchgear, circuit breakers, UPS systems, meters, drives and PLCs), building‑ and data‑center management systems, and industrial automation and control solutions, alongside software and digital platforms that integrate monitoring, analytics and remote management. It serves a broad set of customers — utilities, industrial manufacturers, commercial buildings, telecommunications and data centers, and infrastructure operators — through product sales, project engineering, system integration and ongoing service contracts across global markets.

Summarized from source with an LLMView SourceSector: Technology

Top-line performance

Q2 2026 revenues €11,459m (≈€11.5bn), ~+17% organic; H1 2026 revenues €21,226m, +14% organic. Growth was broad-based across businesses and regions, led by North America (+23% org. in Q2) and China & East Asia (+20% org. in Q2), with Data Center demand running at triple-digit growth in Q2.

Profitability

H1 2026 adjusted EBITA €4,093m, +22% organic; adjusted EBITA margin 19.3% (+120bps organic vs. H1 2025). Adjusted EPS €4.79 (+28.5% organic).

Net income and cash

H1 2026 Net Income (group share) €2,488m (+30% reported). Free Cash Flow €1,631m (+244% year‑on‑year), operating cash flow €3,755m and capex ≈€669m (≈3.2% of revenues). Cash conversion (FCF / Net Income) was 66% in H1.

Business mix and margin drivers

Products (47% of Q2) grew double-digit with accelerating price realization; Systems (35%) grew ~+28% org. in Q2; Software & Services (18%) grew mid-single digits with AVEVA ARR up ~+11%. Margin expansion driven by industrial productivity, operating leverage and price offsets vs. raw-material and tariff headwinds.

Guidance and targets

2026 targets upgraded: adjusted EBITA growth +14% to +19% organic, revenue growth +10% to +13% organic, and adjusted EBITA margin +70–100bps organic (implying ~19.4%–19.7% adjusted EBITA margin for FY2026, subject to scope and FX).

M&A and strategic moves

Announced definitive agreements to acquire Cognite (enterprise value $3.1bn) and ~90% of AiDASH (EV ~$350m) to strengthen industrial data/AI and Energy Intelligence capabilities; both deals subject to regulatory approvals.

Capital allocation & balance sheet

Net debt at 30 June 2026 €15.36bn (up vs. Dec‑25), dividend for FY2025 (€4.20/sh) paid May 13, 2026, and a €600m share‑buyback program underway (≈€310m executed as of 27 July). The company completed bond and EMTN issuances to extend maturity profile.

Risks & FX

Schneider Electric SE noted an FX headwind at current rates estimated ≈‑€400m to ‑€500m on FY 2026 revenues; geopolitical disruption in the Middle East and commodity/tariff pressures are flagged as possible H2 risks. Expected FY26 effective tax rate ~23–25%.

Summarized from source with an LLMView Source

Key figures

21.0%1Y

95.8%3Y

113%5Y

Performance

32.9%1Y

30.9%3Y

30.1%5Y

Volatility