Schneider Electric S.A. $SU (+0,5 %)the French competitor to Siemens, posted a strong increase in net profit to 4.27 billion euros in 2024 compared to 4.00 billion euros in the previous year. Sales rose by 6.3 percent to 38.15 billion euros, exceeding analysts' expectations of 4.12 billion euros in profit and 37.65 billion euros in sales.
Particularly noteworthy is the organic growth in the Energy Management division, which increased by 11.5 percent to 31.13 billion euros. This shows that the company is not only performing strongly across the board, but also in important segments.
The dividend is to be increased by 11 percent to 3.90 euros per share. Schneider Electric is planning adjusted organic EBITA growth of 10 to 15 percent for 2025.
What do you think of these figures? Do you think Schneider Electric will continue to grow so strongly? 📈