(Boursier.com) — Schneider lost 2.2% this Friday to 154 euros, despite the broker JP Morgan which resumed monitoring the file to ‘overweight’ the electrician by targeting a price of 185 euros, while the group published a turnover of 34 billion euros in 2022, organic growth of 12% and reported growth of 18%.
Adjusted EBITA stood at €6 billion in 2022, up 14% organically and up 21% as published.
The adjusted EBITA margin was thus 17.6%, representing organic growth of +40 basis points (bp). Net income was €3.5 billion, up 9%, with adjusted net income of €4 billion, up 16%.
The disposal program has been completed for a total of 1.7 billion euros in revenue. The group also announced a progressive dividend of 3.15 euros per share, up 9%.
Among the other opinions of brokers, DZ Bank has revalued the title to 177 euros with a notice to purchase on the file. Deutsche Bank also raised the cursor to 170 euros with a buy notice. The group is now targeting adjusted EBITA organic growth between +12% and +16%, based on organic revenue growth between +9% and +11% and an organic increase in EBITA margin adjusted between +50 and +80 basis points…
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