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Schneider Electric SE (SCHN.PA)

SCHN.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Schneider Electric Signs Cooperation Agreement In Serbia
10:02pm IST 

July 17 (Reuters) - SCHNEIDER ELECTRIC SE ::SIGNED COOPERATION AGREEMENT WITH FACULTY OF TECHNICAL SCIENCES IN NOVI SAD AND FACULTY OF ELECTRICAL ENGINEERING IN BELGRADE.THE AGREEMENT WILL CONTRIBUTE TO FURTHER DEVELOPMENT OF THE IT SECTOR IN SERBIA.  Full Article

Schneider Electric Reaffirming Medium-Term Ambition
Tuesday, 25 Jun 2019 

June 26 (Reuters) - Schneider Electric SE ::PREPARING FOR FURTHER INCREASE IN ORGANIC FINANCIAL PERFORMANCE FOR THE LONGER TERM, BEYOND THE 2021 AMBITION.REAFFIRMING MEDIUM-TERM AMBITION, WITH A PATH TO IMPROVE THE ADJUSTED EBITA MARGIN BY C. +200 BASIS POINTS BY 2021.PLAN FOR FUTURE INVESTMENTS AND ITS FINANCING DETAILED.AVEVA INTEGRATION AND JOINT GO-TO-MARKET STRATEGY ON TRACK.AMBITION FOR SOFTWARE AND SERVICES TO REPRESENT 20% OF GROUP REVENUES IN THE MEDIUMTERM.REAFFIRMS ITS TARGET FOR 2019 AND ITS THROUGH-CYCLE OBJECTIVE OF +3% TO +6% ORGANIC GROWTH IN REVENUES, ON AVERAGE.  Full Article

Ige+Xao Cancels 51,840 Treasury Shares
Friday, 21 Jun 2019 

June 21 (Reuters) - IGE + XAO SA ::REDUCTION IN SHARE CAPITAL BY CANCELLING 51,840 TREASURY SHARES, REPRESENTING 3.82% OF THE SHARE CAPITAL.THE NUMBER OF SECURITIES COMPRISING THE SHARE CAPITAL WILL THEN BECOME 1,304,381 SHARES.THIS OPERATION DOES NOT AFFECT THE CONSOLIDATED EQUITY OF THE IGE+XAO GROUP FROM AN ACCOUNTING STANDPOINT.  Full Article

The Carlyle Group And Schneider Electric Extend Partnership To Develop Critical Infrastructure Projects
Thursday, 18 Apr 2019 

April 18 (Reuters) - Carlyle Group LP ::THE CARLYLE GROUP AND SCHNEIDER ELECTRIC EXTEND PARTNERSHIP TO DEVELOP CRITICAL INFRASTRUCTURE PROJECTS.CARLYLE GROUP - NEW PARTNERSHIP ALSO ENTAILS FORMATION OF JOINT VENTURE, NAMED ALPHASTRUXURE.CARLYLE GROUP - JUAN MACIAS WILL LEAD ALPHASTRUXURE AS CHIEF EXECUTIVE OFFICER.  Full Article

Schneider Electric Q1 Revenues 6.31 Billion Euros, Up 5.9 Percent
Thursday, 18 Apr 2019 

April 18 (Reuters) - SCHNEIDER ELECTRIC SE ::2019 Q1 REVENUES WERE EUR 6,31 BILLION, UP 5.9 PERCENT ORGANICALLY AND UP 8.7 PERCENT ON REPORTED BASIS.2019 TARGET REAFFIRMED.FOR 2019: CHINA REMAINS A GROWTH MARKET IN AGGREGATE THOUGH CONSTRUCTION END-MARKETS COULD MODERATE IN COMING QUARTERS.FOR 2019: IN NORTH AMERICA, THE GROUP ANTICIPATES A CONTINUING FAVORABLE ENVIRONMENT.FOR 2019: OTHER LARGE COUNTRIES IN ASIA PACIFIC CONTINUE GOOD MOMENTUM.FOR 2019: EXPECTS WESTERN EUROPE TO GROW AT A MODERATE PACE.FOR 2019: EXPECTS REST OF WORLD ECONOMIES TO BE CONTRASTED BASED ON COUNTRY.FX IMPACT ON FY 2019 REVENUES IS ESTIMATED TO BE BETWEEN + EUR 300 MILLION AND + EUR 400 MILLION.FX IMPACT ON FY 2019 AT CURRENT RATES ON ADJUSTED EBITA MARGIN COULD BE AROUND -10BPS.  Full Article

Schneider Electric Reinforces Its Partnership With Carlyle Group
Friday, 12 Apr 2019 

April 12 (Reuters) - SCHNEIDER ELECTRIC ::REINFORCES ITS PARTNERSHIP WITH CARLYLE GROUP.ENHANCEMENT OF PARTNERSHIP WITH CARLYLE GROUP TO DEVELOP NEW AND INNOVATIVE INFRASTRUCTURE PROJECTS.NEW PARTNERSHIP ALSO ENTAILS THE FORMATION OF A JOINT VENTURE, NAMED ALPHASTRUXURE.JUAN MACIAS WILL LEAD ALPHASTRUXURE AS THE CHIEF EXECUTIVE OFFICER.  Full Article

Schneider Electric: Organic To Be Majority Contributor To Mid-term Margin Improvement -Conf Call
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - SCHNEIDER ELECTRIC SE ::ON MID-TERM MARGIN AMBITION: EXPECTS ORGANIC TO BE MAJORITY CONTRIBUTOR TO IMPROVEMENT-CONF CALL.IFRS 16 WILL HAVE NEUTRAL IMPACT ON 2019 RESULTS-CONF CALL.  Full Article

Schneider Electric FY Organic Revenue Growth Of 6.6 Pct Beats Expectations
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - SCHNEIDER ELECTRIC SE ::FY REVENUE EUR ‍​25.72 BILLION VERSUS EUR 25.64 BILLION IN COMPANY-COMPILED POLL.FY ADJUSTED EBITA EUR ‍​3.87 BILLION VERSUS EUR 3.87 BILLION IN COMPANY-COMPILED POLL.FY NET INCOME GROUP SHARE EUR ‍​2.33 BILLION VERSUS EUR 2.36 BILLION IN COMPANY-COMPILED POLL.FY ORGANIC REVENUE GROWTH 6.6 PERCENT VERSUS 6.3 PERCENT IN COMPANY-COMPILED POLL.FY COMPANY-COMPILED POLL: FX NEGATIVE IMPACT ON SALES EUR 1.07 BILLION.2019 TARGET: ADJUSTED. EBITA ORG. GROWTH BETWEEN +4% AND +7%.2019 TARGET: +3% TO +5% ORG. REVENUE GROWTH.PROPOSED DIVIDEND AT €2.35/SHARE, UP +7%.2019 TARGET: +20 TO +50 BPS ORG. ADJUSTED. EBITA MARGIN IMPROVEMENT.NET ACQUISITIONS HAD AN IMPACT OF +€92 MILLION OR +1.4% OF GROUP REVENUES IN Q4.IMPACT OF FX FLUCTUATIONS WAS NEGATIVE AT -€77 MILLION OR -1.4% OF GROUP REVENUES IN Q4.NEW SHARE BUYBACK OF €1.5BN TO €2.0BN LAUNCHED OVER NEXT 3 YEARS (2019-2021).MEDIUM TERM AMBITION (2019-2021): RE-AFFIRMS THROUGH-CYCLE OBJECTIVE OF +3% TO +6% ORGANIC GROWTH IN REVENUES, ON AVERAGE.FX IMPACT ON FY 2019 REVENUES ESTIMATED TO BE BETWEEN C.+€200 MILLION TO C.+€300 MILLION; NEUTRAL ON ADJUSTED EBITA MARGIN.MID-TERM AMBITION: TO IMPROVE ADJUSTED. EBITA MARGIN BY C. +200 BASIS POINTS (AT CONSTANT FX).  Full Article

Schneider Electric Announces Issuance Of 500 Million Euros Bond
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - SCHNEIDER ELECTRIC SE ::SCHNEIDER ELECTRIC ANNOUNCES ISSUANCE OF EUR 500 MILLION BOND.ISSUE MATURING IN 9 YEARS WITH A FIXED COUPON RATE OF 1.50%.TRANSACTION WILL ENABLE THE REFINANCING OF A BOND DUE LATER THIS MONTH.  Full Article

Schneider Electric Continues To See China As Growth Country -Conf Call
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - SCHNEIDER ELECTRIC SE ::WE CONTINUE TO SEE CHINA AS GROWTH COUNTRY FOR COMING QUARTER-CONF CALL.ON MEDIUM VOLTAGE: WE HAVE ORDER INTAKE EVOLUTION SUPPORTING POSITIVE EVOLUTION OF DIVISION -CONF CALL.ON PRICING: THERE WILL BE SOME IMPACT IN 2018 AND OUR GOAL IS TO MAKE AN IMPACT ON 2019; EXPECTS NICE CARRY-ON IMPACT IN 2019 -CONF CALL.ON CHINA: NOT SAYING CHINA IS NOT SLOWING DOWN BUT CHINA IS MARKET WHERE WE SEE UNDERLYING GROWTH -CONF CALL.ON CHINA: BUSINESS MIGHT BE IMPACTED BY TARIFFS -CONF CALL.ON OEM: WE EXPECT SLOWDOWN GENERALLY -CONF CALL.ON FRANCE: PERFORMANCE IN FRANCE IN Q3 REFLECTS UNDERLYING TREND; BUT CONSTRUCTION REMAINS WELL-ORIENTED ALL TOGETHER -CONF CALL.ON FRANCE: EXPECTS GROWTH BACK IN Q4 IN CONSTRUCTION -CONF CALL.  Full Article

RPT-Schneider Electrics reaffirms mid-term targets

June 26 French electrical equipment maker Schneider Electric reaffirmed on Wednesday its target for 2019 and through-cycle objective of 3%-6% organic growth in revenue, on average.