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Schneider Electric Elevates 2026 Growth Goals | Markets & Money News
Schneider Electric has raised its profit and revenue forecasts for 2026 for the second time this year, driven by strong demand from cloud companies for AI data centres. They're now anticipating adjusted earnings growth of 18-21%, up from 14-19%. Revenue growth expectations have also increased to 12-14% from 10-13%. In the third quarter, Schneider reported €11.46 billion in revenue, exceeding expectations with 16.9% organic growth. The company is expanding its software capabilities through
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