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Schneider Electric beats earnings estimates with 10.7% revenue growth, driven by data center demand.
Schneider Electric reported stronger-than-expected quarterly results, with organic revenue rising 10.7% to 11.10 billion euros and adjusted EBITA reaching 7.52 billion euros, exceeding forecasts.
Growth was fueled by triple-digit year-on-year demand in its data center segment, driven by expansion in the U.S., Northern Europe, and France.
The company’s 2026 outlook remains positive despite a weakening U.S. dollar, supported by sustained global demand for energy and automation solutions.
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Schneider Electric supera las estimaciones de ganancias con un crecimiento de 10.7% en los ingresos, impulsado por la demanda de centros de datos.