Schneider Electric Raises Full-Year Growth Outlook as Sales Hit Record
Schneider Electric expects full-year organic revenue growth of 12–14% and adjusted EBITA growth of 18–21%. Organic adjusted EBITA margin is forecast to improve by 100–120 basis points to 19.7–19.9%. Revenue rose 17.9% to a record €11.46 billion.
The company now expects full-year organic revenue growth of 12-14%, alongside adjusted EBITA growth of 18-21%.Schneider also forecasts an organic improvement in its adjusted EBITA margin of 100-120 basis points, implying a margin of 19.7-19.9%.Revenues rose 17.9% to a record €11.46bn in the three m…