Once again, Schneider proved to be resilient and agile. H1 figures beat consensus, especially in the EBITA line which was 21% ahead. Management provided new targets for the rest of the year and reaffirmed medium-term ambitions, implying a re-rating of consensus. The company is well-prepared to manage this crisis and even to benefit from it. We remain positive on the stock.
29 Jul 2020
Resilient and agile: consensus beaten at all levels
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Resilient and agile: consensus beaten at all levels
Schneider Electric SE (SU:WBO) | 0 0 0.3% | Mkt Cap: 42,816m
- Published:
29 Jul 2020 -
Author:
Luis Pereira -
Pages:
3
Once again, Schneider proved to be resilient and agile. H1 figures beat consensus, especially in the EBITA line which was 21% ahead. Management provided new targets for the rest of the year and reaffirmed medium-term ambitions, implying a re-rating of consensus. The company is well-prepared to manage this crisis and even to benefit from it. We remain positive on the stock.