(CercleFinance.com) – Schneider Electric is among the biggest increases in the CAC40 over the whole of 2023, posting an annual gain of 40%, the stock of the supplier of low and medium voltage electrical equipment having notably gained 8.3% last November 9.
For the record, the group then unveiled 2023-27 objectives higher than consensus, aiming for organic growth in its turnover of between 7 and 10% per year and an organic improvement in its adjusted Ebita margin of around 50 basis points.
These objectives were welcomed by Deutsche Bank, for whom ‘if it were to be achieved, the growth objective would make Schneider one of the most dynamic companies in Europe, with the prospect of a stock market revaluation in sight’ .
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