Schneider reported another strong set of results. Energy management confirmed its strong momentum, notably in North America, while Industrial Automation reported softer figures. Nevertheless, thanks to its balanced portfolio with c.50% of the process and hybrid’s end markets, it has offset the underperformance in discrete. All in all, we believe the cross-selling strategy combined with Schneider’s large network of partners is key, and will able the company to outperform going forw
25 Jul 2019
Impressive Q2 organic growth (again)
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Impressive Q2 organic growth (again)
Schneider Electric SE (SU:WBO) | 0 0 0.3% | Mkt Cap: 42,816m
- Published:
25 Jul 2019 -
Author:
Luis Pereira -
Pages:
3
Schneider reported another strong set of results. Energy management confirmed its strong momentum, notably in North America, while Industrial Automation reported softer figures. Nevertheless, thanks to its balanced portfolio with c.50% of the process and hybrid’s end markets, it has offset the underperformance in discrete. All in all, we believe the cross-selling strategy combined with Schneider’s large network of partners is key, and will able the company to outperform going forw