Financial PerformanceGroup organic growth of 8% beat consensus, driven by stronger growth in Energy Management.
Leadership TransitionOlivier Blum, the succeeding CEO, has been with Schneider Electric since 1993 and has led the group’s largest segment, Energy Management, since 2022, indicating potential for a smooth transition.
Market OutlookEnergy Management is projected to grow organically by 9.9% year-over-year, surpassing consensus expectations.