Schneider reported solid figures in H1 18, with all businesses and regions growing in Q2 with Energy Management and Industrial Automation delivering strong organic growth. The group revised its 2018 growth target upward and is now aiming at organic growth of the adjusted EBITA between +7% and +9% (vs. around +7% initially). Management also cited difficulties in its supply chain, higher prices for some components and transportation costs, with rising oil prices, as well as the trade war concer
26 Jul 2018
Guidance raised but coupled with a cautious statement
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Guidance raised but coupled with a cautious statement
Schneider Electric SE (SU:WBO) | 0 0 0.3% | Mkt Cap: 42,816m
- Published:
26 Jul 2018 -
Author:
Lionel Pellicer -
Pages:
3
Schneider reported solid figures in H1 18, with all businesses and regions growing in Q2 with Energy Management and Industrial Automation delivering strong organic growth. The group revised its 2018 growth target upward and is now aiming at organic growth of the adjusted EBITA between +7% and +9% (vs. around +7% initially). Management also cited difficulties in its supply chain, higher prices for some components and transportation costs, with rising oil prices, as well as the trade war concer