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Schneider Electric SE (SCHN.PA)

SCHN.PA on Paris Stock Exchange

92.50EUR
13 Dec 2019
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Latest Key Developments (Source: Significant Developments)

Schneider Electric Announces Sale Of Converse Energy Projects GmbH
Friday, 6 Dec 2019 

Dec 6 (Reuters) - Schneider Electric SE ::ANNOUNCE TODAY AGREEMENT WITH VINCI ENERGIES TO BUY SCHNEIDER ELECTRIC’S CONVERSE ENERGY PROJECTS GMBH, SPECIALIZED IN ENERGY DISTRIBUTION PROJECTS IN GERMANY.TRANSACTION IS EXPECTED TO BE COMPLETED IN THE COMING WEEKS.WITH THIS TRANSACTION, €0.5BN OUT OF THE €1.5-2.0 BILLION OF REVENUES HAVE BEEN ADDRESSED..  Full Article

IGE + XAO Announces Partnership With Alpi
Tuesday, 5 Nov 2019 

Nov 5 (Reuters) - IGE + XAO SA ::IGE+XAO AND ALPI PARTNERSHIP ANNOUNCED AT THE BATIMAT EXHIBITION.PARTNERSHIP WILL BE BUILT AROUND 3 AREAS: SALES, TECHNICAL AND MARKETING.  Full Article

Schneider Electric Q3 Revenue Of Eur 6.65 Bln Beats Consensus
Thursday, 24 Oct 2019 

Oct 24 (Reuters) - SCHNEIDER ELECTRIC SE ::Q3 REVENUE EUR 6.65 BILLION VERSUS EUR 6.61 BILLION IN COMPANY COMPILED CONSENSUS.IN INDUSTRIAL AUTOMATION, DISCRETE END MARKETS REMAIN CHALLENGING - CEO.CONFIRMS FY 2019 OBJECTIVE AND REITERATES AMBITION TO EXPAND THE OPERATING MARGIN BY C.200BPS AT CONSTANT FX BY 2021.IN INDUSTRIAL AUTOMATION: EXPECTS DEMAND TO REMAIN SUBDUED IN COMING QUARTERS.IN NORTH AMERICA, THE GROUP ANTICIPATES MODERATE GROWTH.STRONG DECLINE IN MEXICO IS EXPECTED TO CONTINUE INTO Q4.CHINA CONTINUES TO FACE A SLOWING OEM DEMAND BUT REMAINS A GROWTH MARKET, THOUGH CONSTRUCTION END MARKETS COULD SOFTEN.EXPECTS WESTERN EUROPE TO GROW AT A MODERATE PACE.EXPECTS SEVERAL NEW ECONOMIES TO PERFORM WELL, INCLUDING IN SOUTH AMERICA AND INDIA.SOME REGIONS INCLUDING RUSSIA AND THE GULF REMAIN CHALLENGED.OUTLOOK FOR PROCESS MARKETS REMAIN POSITIVELY ORIENTATED - CEO.  Full Article

Millicom's Partnering With Schneider Electric For Infrastructure Monitoring Of Its Datacenters
Wednesday, 26 Jun 2019 

June 26 (Reuters) - Millicom International Cellular Sa ::MILLICOM’S WORLD-CLASS DATACENTERS PROPELLED BY KEY GLOBAL PARTNERSHIPS AND INDUSTRY RECOGNITIONS.CO PARTNERING WITH SCHNEIDER ELECTRIC FOR INFRASTRUCTURE MONITORING OF ITS DATACENTERS.  Full Article

Schneider Electric Announces Decision Of Competition Commission Of India
Friday, 7 Jun 2019 

June 7 (Reuters) - SCHNEIDER ELECTRIC SE ::COMPETITION COMMISSION OF INDIA APPROVES COMBINATION OF SCHNEIDER ELECTRIC INDIA LOW VOLTAGE AND INDUSTRIAL AUTOMATION WITH LARSEN & TOUBRO'S ELECTRICAL & AUTOMATION.  Full Article

Schneider Electric: Issue Of 250 Million Euros Notes
Tuesday, 28 May 2019 

May 28 (Reuters) - SCHNEIDER ELECTRIC SE ::ISSUE OF EUR 250 MILLION 1.50% NOTES DUE 2028.NOTES DUE JAN 2028 ISSUED ON JAN 15, 2019 UNDER EURO 7,500,000,000 EURO MEDIUM TERM NOTE PROGRAMME .  Full Article

IGE + XAO Q1 Consolidated Revenue Up At 8.5 Million Euros
Wednesday, 17 Apr 2019 

April 17 (Reuters) - IGE + XAO SA ::CONSOLIDATED TURNOVER FOR IGE+XAO OVER THE 1ST QUARTER OF 2019 STANDS AT 8,516,319 EUROS, UP 7.3% COMPARED TO 2018.APPROVED THE DISTRIBUTION OF A DIVIDEND OF 1.55 EUROS PER SHARE EFFECTIVE 18 APRIL 2019.INTENDS TO PURSUE ITS DEVELOPMENT PLAN WHILE STILL RETAINING A HIGH LEVEL OF PROFITABILITY..  Full Article

Schneider Electric SE Fourth Quarter Revenue EUR 7.026 Billion
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Schneider Electric SE ::STRONG PERFORMANCE IN FY18: GROUP REVENUE OF €25.7BN, GROWTH OF +7% ORGANIC AND ADJUSTED. EBITA UP +10% ORGANIC. RECORD NET INCOME & EPS.Q4 REVENUE EUR 7.026 BILLION.  Full Article

Schneider Electric Announces Two Acquisitions In China Made By Delixi Electric Ltd.
Friday, 4 Jan 2019 

Jan 4 (Reuters) - SCHNEIDER ELECTRIC SE ::ANNOUNCES THAT DELIXI ELECTRIC LTD., CHINA (50% OWNED BY SCHNEIDER ELECTRIC) IS EXPANDING ITS BUSINESS THROUGH TWO ACQUISITIONS.ACQUISITIONS HAVE BEEN FUNDED BY DELIXI ELECTRIC THROUGH CASH ON BALANCE SHEET AND BANK DEBT.  Full Article

Maersk Tankers: Ibrahim Gokcen Joins Board Of Directors
Monday, 15 Oct 2018 

Oct 15 (Reuters) - MAERSK TANKERS, WHICH SHIPPING GIANT MAERSK SOLD LAST YEAR TO ITS CONTROLLING SHAREHOLDER AND JAPAN'S MITSUI & CO <8031.T>, SAID IN A STATEMENT::MAERSK TANKERS SAYS IBRAHIM GOKCEN, CHIEF TECHNOLOGY OFFICER AT SCHNEIDER ELECTRIC, IS JOINING MAERSK TANKERS' BOARD OF DIRECTORS IN NOVEMBER 2018. GOKCEN HAS PREVIOUSLY BEEN CHIEF DIGITAL OFFICER AT A.P. MOLLER – MAERSK.  Full Article

UPDATE 1-Schneider Electric Q3 revenue tops, reaffirms FY sales target

Oct 24 Schneider Electric on Thursday posted an organic revenue growth of 3.1% in its third quarter, underpinned by strong performances in its energy management segment.