As part of its CMD, Schneider confirmed its medium-term financial targets, with an adjusted EBITA margin expected to improve by c.+200bp by 2021 and a +3% to +6% organic growth over the cycle. It also expects to deliver c.€1.1bn productivity gains over 2019-21. Schneider now has a strong product portfolio and a clear strategy based on cross-selling, offering a complete and innovative solution to its customers. We reiterate our positive opinion on the stock.
30 Jun 2019
Factories 4.0 is green
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Factories 4.0 is green
Schneider Electric SE (SU:WBO) | 0 0 0.3% | Mkt Cap: 42,816m
- Published:
30 Jun 2019 -
Author:
Luis Pereira -
Pages:
5
As part of its CMD, Schneider confirmed its medium-term financial targets, with an adjusted EBITA margin expected to improve by c.+200bp by 2021 and a +3% to +6% organic growth over the cycle. It also expects to deliver c.€1.1bn productivity gains over 2019-21. Schneider now has a strong product portfolio and a clear strategy based on cross-selling, offering a complete and innovative solution to its customers. We reiterate our positive opinion on the stock.