Schneider Electric rises on H1 results 'comfortably above buy-side expectations', FY guidance hike

Schneider Electric SE

30/07/2026 08:14

** Shares in Schneider Electric SCHN.PA rise 6% after the French electrical engineering company raised its full-year outlook, boosted by data centre demand, and posted H1 core profit above forecasts
** The co now expects FY EBITA growth of 14%-19%, from the previous 10%-15% range
** It posted H1 adjusted EBITA at €4.09 billion ($4.68 billion), compared with analysts' €3.8 billion expectation in a company-provided consensus
** J.P. Morgan sees the results as "comfortably above buy-side expectations"
** "Growth was broad-based across all divisions and end markets, with triple-digit momentum in data centers," it adds
** Shares are on track for their best day since April 8, if gains hold
($1 = 0.8738 euros)

(Reporting by Mathias de Rozario and Aleksandra Kret in Gdansk)
(( Mathias.deRozario@thomsonreuters.com ; Aleksandra.Kret@thomsonreuters.com ))