2024 Q1 Revenues
- Group revenues of €8.6 billion, up +5.3% organic, an all-time high for Q1
- Energy Management up +8.9% org. led by double-digit growth in North America and Rest of the World
- Industrial Automation down -6.6% org. largely due to market weakness in Discrete automation
- Strong contribution from key geographies
- China growing in both businesses
- India continues strong growth, up double-digit
- Middle East & Africa up double-digit with growth in both businesses
- Systems & Services leading the growth, up double-digit
- Continued progress on Schneider Sustainability Impact
- 2024 Target reaffirmed
Latest webcast
Peter Herweck
CEO
“We started 2024 with strong demand dynamics across most sectors and geographies, particularly in Data Centers and Infrastructure. Discrete automation continued to be weak, as expected, while we have confidence in a pickup in the second half of the year. It is greatly encouraging that the engines of growth we highlighted in our CMD are running strongly, delivering double-digit growth in many areas of the company, be that in our Systems and Field Services business models, ARR growth at AVEVA and geographically in India, the Middle East and Africa. We remain focused on execution, meeting the high levels of demand and putting customer satisfaction and delivery at the top of our agenda. We reaffirm our financial target for 2024, expecting a strong contribution in H2.”
-
From October 2nd, 2019, in order to secure its communication, Schneider Electric certifies its contents on Wiztrust. You can check the authenticity on the website Wiztrust.com for Corporate communications.