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Schneider Electric Posts Record Revenue Growth

Schneider Electric (FR:SU) has released an update.

Schneider Electric has achieved a record second quarter revenue of €9.6 billion, marking an organic growth of 7%, and a substantial 10% organic growth in Energy Management. The first half of the year showed a strong performance with a total revenue of €18.2 billion, a 6% organic growth, and a 12% rise in adjusted EBITA. Additionally, the company was acknowledged by TIME magazine as the world’s most sustainable company, alongside a 10% increase in adjusted net income and a 15% boost in operational cash flow.

For further insights into FR:SU stock, check out TipRanks’ Stock Analysis page.

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