Schneider Electric SE

Latest Results (26.01.2026):

Schneider Electric SE Q3 2025: Group revenues were €9,721 million, up +9.0% organic (+4.4% reported). Growth was broad‑based with Energy Management leading and Industrial Automation back to growth; Systems sales were especially strong. The company reaffirmed its FY25 financial target and highlighted sustainability progress as it nears completion of its Schneider Sustainability Impact 2021–25 program.

Revenue and organic growth

Q3 2025 revenues €9,721m, +9.0% organic. Reported growth was +4.4% (currency headwinds largely offsetting scope gains). Scope added ≈+€81m in Q3; FX was a -€466m (-5.0%) drag in the quarter.

Business mix performance

Energy Management (≈83% of group mix when combined with Industrial Automation split) drove the quarter: Energy Management +9.7% organic; Industrial Automation +6.0% organic. By offer: Products (48% of Q3) +3% organic, Systems (34%) +19% organic, Software & Services (18%) +8% organic.

Systems and software highlights

Systems growth was powered by Data Center demand (strong in the U.S., China, France). Agnostic software (AVEVA, ETAP, RIB) saw solid recurring-performance: AVEVA ARR +12% (to Sept. 30, 2025); SaaS upsells and subscription traction continue.

Regional performance

All regions contributed to organic growth: North America strongest (+14.5% organic), Asia Pacific +6.4%, Western Europe +5.0%, Rest of World +5.7%. Notable: double‑digit growth in India, strong U.S. Data Center activity, and Middle East project execution.

Sustainability and ESG progress

Schneider Sustainability Impact 2021–25 nearing completion with a Q3 score 8.52/10 (target 8.80). Early completion of the Zero Carbon Project and continued customer CO2 savings (792 million tonnes since 2018) were highlighted.

Capital, FX and scope considerations

Q3 scope effect +€81m; FY25 scope estimated ≈+€250m. FX remains an important headwind: Q3 -5.0% (-€466m); FY25 FX impact estimated between -€1.4bn and -€1.5bn and ~-50bps on adjusted EBITA margin at current rates.

Guidance and targets

2025 targets reaffirmed: Adjusted EBITA organic growth +10% to +15%; organic revenue growth +7% to +10%; adjusted EBITA margin up +50bps to +80bps (implying ~18.7%–19.0% margin including scope and current FX estimates).

Financing, corporate and calendar

Financing actions: €3.5bn EMTN issuance (Aug 2025) and €750m OCEANEs (Sept 2025) to support acquisition of remaining 35% of Schneider Electric India Private Limited. Capital Markets Day scheduled Dec 11, 2025 (London). Dividend ex-date set May 11, 2026.