Schneider Electric (SU) investor relations material

Executive summary

• Record Q3 revenue of €11.46bn, up 16.9% organically and 17.9% reported, with growth across regions and end markets, led by triple-digit Data Center demand.

• Energy Management grew 18.8% organically and Industrial Automation 8.1%; strong backlog and execution supported an upgraded FY26 target.

• Sustainability Impact score reached 4.04, against a 2026 target of 4.20.

Financial highlights

• Q3 revenue was €11,460m, up 16.9% organically and 17.9% reported; 9M revenue was €32,686m, up 15.0% organically and 12.5% reported.

• Energy Management revenue was €9,615m, up 18.8% organically; Industrial Automation revenue was €1,845m, up 8.1%.

• Products, 48% of revenue, grew 17% organically; Systems, 35%, grew 22%; Software & Services, 17%, grew 7%.

• Q3 scope impact was -€36m (-0.4% of revenue); FX added €114m (+1.2%), mainly from the Chinese yuan and U.S. dollar.

Outlook and guidance

• FY26 adjusted EBITA growth target upgraded to +18% to +21% organic, with revenue growth of +12% to +14% and adjusted EBITA margin expansion of 100–120 bps organic.

• Implied FY26 adjusted EBITA margin is 19.7%–19.9%, including scope from completed transactions and FX at current estimates.

• Q4 outlook calls for growth across all end markets and regions, with Systems leading, continued pricing, accelerating Services growth, and positive productivity and operating leverage.

• FY26 effective tax rate is expected at 23%–25%; restructuring costs are expected to reach ~€450m.