Schneider Electric SE (SBGSF) on Thursday said its first-quarter revenues rose 4.7% on a reported basis, supported by broad-based growth across all business segments.
The company reported revenues of 9.76 billion euros, a 11.2 percent increase on an organic basis. The growth mainly came from a solid performance in Energy Management, which rose 12.8 percent on an organic basis, and Industrial Automation, which went up by 4.4 percent.
The company has also reaffirmed its full-year targets for 2026, projecting organic revenue growth of 7 percent to 10 percent and adjusted EBITA growth of 10 percent to 15 percent, backed by ongoing strong demand in its key markets.
SBGSF is currently trading at $321.39, up $3.96 or 1.25 percent on the OTC Markets.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.