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Schneider Electric SE (SCHN.PA)

SCHN.PA on Paris Stock Exchange

68.16EUR
15 Feb 2019
Change (% chg)

€2.02 (+3.05%)
Prev Close
€66.14
Open
€66.10
Day's High
€68.62
Day's Low
€65.38
Volume
2,765,832
Avg. Vol
1,701,965
52-wk High
€78.56
52-wk Low
€57.54

Latest Key Developments (Source: Significant Developments)

Schneider Electric: Organic To Be Majority Contributor To Mid-term Margin Improvement -Conf Call
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - SCHNEIDER ELECTRIC SE ::ON MID-TERM MARGIN AMBITION: EXPECTS ORGANIC TO BE MAJORITY CONTRIBUTOR TO IMPROVEMENT-CONF CALL.IFRS 16 WILL HAVE NEUTRAL IMPACT ON 2019 RESULTS-CONF CALL.  Full Article

Schneider Electric FY Organic Revenue Growth Of 6.6 Pct Beats Expectations
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - SCHNEIDER ELECTRIC SE ::FY REVENUE EUR ‍​25.72 BILLION VERSUS EUR 25.64 BILLION IN COMPANY-COMPILED POLL.FY ADJUSTED EBITA EUR ‍​3.87 BILLION VERSUS EUR 3.87 BILLION IN COMPANY-COMPILED POLL.FY NET INCOME GROUP SHARE EUR ‍​2.33 BILLION VERSUS EUR 2.36 BILLION IN COMPANY-COMPILED POLL.FY ORGANIC REVENUE GROWTH 6.6 PERCENT VERSUS 6.3 PERCENT IN COMPANY-COMPILED POLL.FY COMPANY-COMPILED POLL: FX NEGATIVE IMPACT ON SALES EUR 1.07 BILLION.2019 TARGET: ADJUSTED. EBITA ORG. GROWTH BETWEEN +4% AND +7%.2019 TARGET: +3% TO +5% ORG. REVENUE GROWTH.PROPOSED DIVIDEND AT €2.35/SHARE, UP +7%.2019 TARGET: +20 TO +50 BPS ORG. ADJUSTED. EBITA MARGIN IMPROVEMENT.NET ACQUISITIONS HAD AN IMPACT OF +€92 MILLION OR +1.4% OF GROUP REVENUES IN Q4.IMPACT OF FX FLUCTUATIONS WAS NEGATIVE AT -€77 MILLION OR -1.4% OF GROUP REVENUES IN Q4.NEW SHARE BUYBACK OF €1.5BN TO €2.0BN LAUNCHED OVER NEXT 3 YEARS (2019-2021).MEDIUM TERM AMBITION (2019-2021): RE-AFFIRMS THROUGH-CYCLE OBJECTIVE OF +3% TO +6% ORGANIC GROWTH IN REVENUES, ON AVERAGE.FX IMPACT ON FY 2019 REVENUES ESTIMATED TO BE BETWEEN C.+€200 MILLION TO C.+€300 MILLION; NEUTRAL ON ADJUSTED EBITA MARGIN.MID-TERM AMBITION: TO IMPROVE ADJUSTED. EBITA MARGIN BY C. +200 BASIS POINTS (AT CONSTANT FX).  Full Article

Schneider Electric Announces Issuance Of 500 Million Euros Bond
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - SCHNEIDER ELECTRIC SE ::SCHNEIDER ELECTRIC ANNOUNCES ISSUANCE OF EUR 500 MILLION BOND.ISSUE MATURING IN 9 YEARS WITH A FIXED COUPON RATE OF 1.50%.TRANSACTION WILL ENABLE THE REFINANCING OF A BOND DUE LATER THIS MONTH.  Full Article

Schneider Electric Continues To See China As Growth Country -Conf Call
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - SCHNEIDER ELECTRIC SE ::WE CONTINUE TO SEE CHINA AS GROWTH COUNTRY FOR COMING QUARTER-CONF CALL.ON MEDIUM VOLTAGE: WE HAVE ORDER INTAKE EVOLUTION SUPPORTING POSITIVE EVOLUTION OF DIVISION -CONF CALL.ON PRICING: THERE WILL BE SOME IMPACT IN 2018 AND OUR GOAL IS TO MAKE AN IMPACT ON 2019; EXPECTS NICE CARRY-ON IMPACT IN 2019 -CONF CALL.ON CHINA: NOT SAYING CHINA IS NOT SLOWING DOWN BUT CHINA IS MARKET WHERE WE SEE UNDERLYING GROWTH -CONF CALL.ON CHINA: BUSINESS MIGHT BE IMPACTED BY TARIFFS -CONF CALL.ON OEM: WE EXPECT SLOWDOWN GENERALLY -CONF CALL.ON FRANCE: PERFORMANCE IN FRANCE IN Q3 REFLECTS UNDERLYING TREND; BUT CONSTRUCTION REMAINS WELL-ORIENTED ALL TOGETHER -CONF CALL.ON FRANCE: EXPECTS GROWTH BACK IN Q4 IN CONSTRUCTION -CONF CALL.  Full Article

Schneider Electric: No Decision Yet On Any New Share Buy-Backs In 2019 -CFO
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - SCHNEIDER ELECTRIC SE ::NEGATIVE IMPACT OF TARIFFS CAN REACH UP TO EUR 20 MILLION IN 2018 AND UP TO EUR 50 MILLION IN 2019 -CFO.HAS NOT YET TAKEN ANY DECISION REGARDING NEW SHARE BUY-BACKS IN 2019 BUT DOESN'T EXLUDE ANYTHING -CFO.  Full Article

Schneider Electric Q3 Revenue At EUR ‍​6.38 Billion, beats expectations
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - SCHNEIDER ELECTRIC SE ::Q3 REVENUE EUR ‍​6.38 BILLION VERSUS EUR 6.30 BILLION IN COMPANY-COMPILED POLL.Q3 ORGANIC GROWTH 7.2‍​ PERCENT VERSUS 5.5 PERCENT IN COMPANY-COMPILED POLL.Q3 COMPANY-COMPILED POLL: REVENUE EUR 6.30 BILLION; ORGANIC GROWTH 5.5 PERCENT; FX NEGATIVE IMPACT ON SALES EUR 144 MILLION.SEES 2018 ADJUSTED. EBITA GROWTH BETWEEN +8% AND +9% (PREVIOUSLY BETWEEN +7% AND +9%).SEES ORGANIC SALES GROWTH FOR 2018 AT CLOSE TO +6% (PREVIOUSLY BETWEEN +5% TO +6%).SEES +30 TO +50 BPS ORGANIC IMPROVEMENT OF ADJUSTED. EBITA MARGIN IN 2018.Q3 IMPACT OF FOREIGN EXCHANGE FLUCTUATIONS WAS NEGATIVE AT €127 MILLION OR -2.4% OF GROUP REVENUES.FX NEGATIVE IMPACT ON FY 2018 REVENUES IS ESTIMATED TO BE AROUND €1.1 BILLION AND C. 20BPS ON ADJUSTED EBITA MARGIN.CURRENT C. EUR 1 BILLION BUYBACK COULD BE COMPLETED 6 MONTHS AHEAD OF PLAN, I.E. WITHIN 2018.  Full Article

Schneider Electric H1 Net Profit Group Share EUR ‍​1.02 Billion, Upgrades Outlook
Thursday, 26 Jul 2018 

July 26 (Reuters) - Schneider Electric SE ::H1 SALES EUR 12.32‍​ BILLION VERSUS EUR 12.31 BILLION IN REUTERS POLL.H1 ADJUSTED EBITDA EUR 1.77 BLN‍​ VERSUS EUR 1.78 BILLION IN REUTERS POLL.H1 NET PROFIT GROUP SHARE EUR ‍​1.02 BILLION VERSUS EUR 1.11 BILLION IN REUTERS POLL.Q2 REVENUES WERE EUR 6.52 BILLION, UP +7.7% ORGANICALLY.SEES FY ORGANIC GROWTH OF ADJUSTED. EBITA BETWEEN +7% AND +9%.EXPECTS ORGANIC SALES GROWTH FOR 2018 TO REACH +5% TO +6%.SEES +30 TO +50 BPS ORGANIC IMPROVEMENT OF ADJUSTED. EBITA MARGIN IN 2018.FX IMPACT ON FY 2018 REVENUES IS ESTIMATED TO BE AROUND -€1.0BLN.FY FX IMPACT AT CURRENT RATES ON ADJUSTED EBITA MARGIN EXPECTED TO BE AROUND -20BPS.IMPACT OF FOREIGN EXCHANGE FLUCTUATIONS WAS NEGATIVE AT -€343 MILLION OR -6.0% ON GROUP REVENUES IN Q2.NET ACQUISITIONS HAD AN IMPACT OF +€77 MILLION OR +1.2% ON GROUP REVENUES IN Q2.  Full Article

Larsen & Toubro Says Deal With Schneider Excludes Marine Switchgear And Servowatch Systems
Tuesday, 1 May 2018 

May 1 (Reuters) - Larsen & Toubro Ltd ::SAYS DEAL WITH SCHNEIDER INCLUDES ALL THE CURRENT BUSINESS SEGMENTS OF E&A EXCEPT MARINE SWITCHGEAR AND SERVOWATCH SYSTEMS.  Full Article

Schneider Electric Q1 Revenue Of 5.80 ‍​Billion Euros Beats Reuters Poll
Thursday, 19 Apr 2018 

April 19 (Reuters) - SCHNEIDER ELECTRIC SE ::Q1 REVENUE EUR 5.80 ‍​BILLION VERSUS EUR 5.67 BILLION IN REUTERS POLL.WE SEE GROWING TRACTION FOR OUR EFFICIENCY SOLUTIONS INTEGRATING ENERGY MANAGEMENT AND AUTOMATION - CEO.FY OBJECTIVES RE-AFFIRMED.Q1 IMPACT OF FOREIGN EXCHANGE FLUCTUATIONS WAS NEGATIVE AT -€453 MILLION OR -8.4%.EXPECTS C.80% OF FY CURRENCY IMPACT TO BOTH TOPLINE AND MARGIN TO OCCUR IN H1.NET ACQUISITIONS HAD Q1 IMPACT OF €88 MILLION OR +1.5%..  Full Article

Schneider Electric Takes Control Of IGE+XAO After The Successful Tender Offer
Thursday, 25 Jan 2018 

Jan 25 (Reuters) - SCHNEIDER ELECTRIC ::SCHNEIDER ELECTRIC TAKES CONTROL OF IGE+XAO AFTER THE SUCCESSFUL TENDER OFFER.TENDER OFFER WHICH WILL BE RE-OPENED FROM FEBRUARY 1ST TO FEBRUARY 14TH, 2018.TO RECEIVE 882,194 IGE+XAO SHARES REPRESENTING 61.79 PERCENT OF THE SHARE CAPITAL.FOLLOWING THE DELIVERY OF THE SHARES TENDERED TO THE OFFER WILL OWN 70.57% OF THE SHARE CAPITAL.  Full Article

UPDATE 2-Schneider Electric's shares rise on better than expected 2019 outlook

* North America, Asia-Pacific still have momentum (Adds analysts' comment, share price reaction, mid-term objective)