Schneider Electric Raises 2026 Targets Again on Data Centre Demand
Schneider Electric raised its 2026 core profit and revenue targets for the second time this year, citing demand from data centre builders.
Schneider Electric EURONEXT:SU raised its 2026 core profit and revenue targets for the second time this year on Friday, as the French industrial group cements its role as a key supplier to big cloud companies building AI data centres.Schneider expects its adjusted earnings before interest, taxes, d…