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SU Schneider Electric SE News Story

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Brief: Schneider Electric Starts EUR 2.5-3.5 Billion Share Buyback Plan

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

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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