Schneider Electric Reports 17% Organic Revenue Growth, Raises Full-Year Outlook
Schneider Electric’s energy-management division drove third-quarter organic revenue growth of 17%. The company also raised its full-year outlook, according to a research note by J.P. Morgan analysts.
Schneider Electric reported strong third-quarter results, but investors had high expectations, analysts at J.P. Morgan say in a research note. A strong performance from the French engineering group's energy-management division drove organic revenue growth of 17%, and the company raised its full-yea…