International Companies

Schneider Electric raises outlook as data centre boom drives record sales

By Benjamin Chiou

Date: Friday 16 Oct 2026

(Sharecast News) - Shares in Schneider Electric jumped on Friday after the French electrical equipment group upgraded its full-year forecasts following record third-quarter sales, driven by surging demand from data centres.
The company now expects full-year organic revenue growth of 12-14%, alongside adjusted EBITA growth of 18-21%.

Schneider also forecasts...

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