Dec 11 (Reuters) - Schneider Electric SE SCHN.PA:
TO START SHARE BUYBACK PROGRAM OF EUR 2.5-3.5 BILLION
LAUNCHES DIVESTMENT PROGRAM OF EUR 1.0-1.5 BILLION IN REVENUES, TO BE COMPLETED BY 2030
TARGETS ORGANIC EXPANSION OF ADJUSTED EBITA MARGIN OF +250 BASIS POINTS, CUMULATIVELY, 2026-2030; ROCE RAISED TO 15-20%
DIGITAL FLYWHEEL REVENUES TO REPRESENT ABOVE 70% OF GROUP BY 2030
SEES CASH CONVERSION RATIO AROUND 100%, 2026-2030
AIMS TO ACCELERATE SOFTWARE & SERVICES AS PERCENTAGE OF GROUP REVENUES TO 25%, TO DOUBLE RECURRING REVENUES WEIGHTAGE BY 2030
TARGETS ORGANIC REVENUE GROWTH OF BETWEEN +7% TO +10%, CAGR 2025-2030
Source text: [https://tinyurl.com/2bpcte8w]
Further company coverage: SCHN.PA
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