April 30 (Reuters) - Schneider Electric SE SCHN.PA:
Q1 REVENUES OF EUR 9.77 BILLION UP +11.2% ORGANICALLY (COMPANY-COMPILED CONSENSUS: EUR 9.76 BILLION, +10.1% ORGANICALLY)
2026 TARGET REAFFIRMED
Q1 GROWTH IN NORTH AMERICA +14.4% ORGANICALLY, CHINA & EAST ASIA +14.2% ORGANICALLY
IN Q1 IMPACT OF FOREIGN EXCHANGE FLUCTUATIONS WAS NEGATIVE AT EUR -623 MILLION OR -6.7% OF GROUP REVENUES
FX IMPACT AT CURRENT RATES ON ADJUSTED EBITA MARGIN FOR FY 2026 COULD BE AROUND -10BPS
BASED ON CURRENT RATES, FX IMPACT ON FY 2026 REVENUES SEEN BETWEEN EUR -750 MILLION TO -850 MILLION
IN 2026 SEES SOUTH ASIA, INTERNATIONAL REGION POTENTIALLY IMPACTED IN Q2, SPECIFIC TO DISRUPTION, UNCERTAINTY CREATED BY ONGOING SITUATION IN MIDDLE EAST
IN 2026 EXPECTS OTHER DRIVERS OF ADJUSTED. EBITA MARGIN EXPANSION TO BE ALIGNED WITH THOSE SET OUT IN RECENT CMD
EXPECTS TO BE NET PRICE POSITIVE IN VALUE (PRICE TO OFFSET RAW MATERIAL IMPACT AND TARIFFS), RAMPING UP THROUGHOUT THE YEAR
Source text: ID:nS8N3SZ01I
Further company coverage: SCHN.PA
(Gdansk Newsroom)
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