Schneider Electric SE
PAR:SU

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Schneider Electric SE Logo
Schneider Electric SE
PAR:SU
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Price: 235.5 EUR -0.86% Market Closed
Market Cap: 135.9B EUR

Schneider Electric SE
Investor Relations

In the bustling realm of global energy management and automation, Schneider Electric SE stands as a titan, navigating the intricacies of digital transformation. Headquartered in Rueil-Malmaison, France, Schneider's journey is one of remarkable evolution and adaption. Originally known for its ventures in steel and shipbuilding back in the 19th century, Schneider has seamlessly transitioned into a leader in providing digital solutions for energy efficiency and sustainability. The company’s core philosophy centers around tackling the world’s most urgent energy challenges—namely, making energy safer, more reliable, efficient, and sustainable. This involves a strategic focus on integrating digital technologies with traditional infrastructures across sectors like buildings, data centers, industry, and utilities, ultimately enabling a smarter and greener way of managing energy.

The financial engine of Schneider Electric thrives on its innovative offerings across a broad spectrum of products and services. Delving into hardware and digital integrations, Schneider's portfolio ranges from circuit breakers, sensors, and automation systems to comprehensive software and digital platforms. By embedding cutting-edge IoT capabilities into their solutions, they empower businesses and homeowners alike to optimize energy usage and streamline operations in real-time. Moreover, by offering energy and sustainability services, Schneider provides strategic consulting to help organizations reduce carbon footprints. Through these diverse streams, Schneider Electric not only ushers its clients into the future of energy but also drives its own financial performance, leveraging its expertise to generate substantial revenue across the globe.

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Last Earnings Call
Fiscal Period
Q2 2023
Call Date
Jul 27, 2023
AI Summary
Q2 2023

Record Results: Schneider Electric reported record H1 revenue of €18 billion, up 15% organically, with both core businesses delivering strong double-digit growth.

Margin Expansion: Adjusted EBITA margin reached a record 18%, supported by gross margin improvement of 220 basis points, mainly from price carryover.

Profit Growth: Net income rose 33% to €2 billion, with adjusted net income up 13%; adjusted EBITA also up 14%.

Strong Cash Flow: Operating cash flow hit €2.7 billion and free cash flow rose 86% year-on-year to €820 million, with expectations for a strong second half.

Upgraded Guidance: Full-year 2023 guidance was raised: organic revenue growth now expected at 11%–13% and adjusted EBITA growth at 18%–23%, with margin up 120–150 bps.

Backlog & Demand: Backlog remains at record levels across most business lines, providing more than six months of visibility.

Sustainability Progress: The Schneider Sustainability Impact score improved, and the company remains on track with key environmental and supplier decarbonization goals.

Key Financials
Revenue
€18B
Adjusted EBITA
€3.2B
Adjusted EBITA Margin
18%
Gross Margin
42.4%
Net Income
€2B
Adjusted Net Income
€2B
Operating Cash Flow
€2.7B
Free Cash Flow
€820M
Cash Conversion Ratio
41%
Schneider Sustainability Impact Score
5.28
Earnings Call Recording
Other Earnings Calls

Management

Mr. Olivier Blum
CEO & Acting Executive VP of Energy Management

Olivier Blum is a prominent figure in the business world, particularly known for his work with Schneider Electric SE. He has held several key roles within the company, contributing significantly to its global operations and strategic initiatives. Blum joined Schneider Electric in 1993 and has since had a diverse and successful career within the organization. Over the years, he has taken on a variety of leadership roles in different regions, demonstrating his adaptability and expertise in global business management. One of his notable positions at Schneider Electric was as the Chief Human Resources Officer, where he played a crucial role in shaping the company's talent strategy and fostering a culture of innovation and diversity. His focus on people and organizational development has been integral to the company's success in maintaining a motivated and skilled workforce. In addition to his HR leadership, Olivier Blum has also led Schneider Electric’s operations in different geographical regions, leveraging his deep understanding of market dynamics and customer needs. His contributions have been key in driving growth and operational excellence within the company. Overall, Olivier Blum's career at Schneider Electric SE is characterized by his strategic vision, strong leadership skills, and commitment to sustainable business practices.

Mr. Amit Bhalla
Senior VP & Head of Investor Relations

As of the latest information, Amit Bhalla serves as the Executive Vice President of Sustainability and Strategy at Schneider Electric, a multinational corporation specializing in energy management and automation solutions. Having joined Schneider Electric, Bhalla has been instrumental in driving the company's sustainability initiatives aimed at promoting green energy solutions and enhancing operational efficiencies across various sectors. With a strong background in strategy and leadership, Bhalla has played a crucial role in shaping the strategic direction of Schneider Electric, focusing on sustainable development goals and advancing the company’s commitment to energy efficiency. His leadership style is often characterized by a forward-thinking approach, leveraging technological advancements to foster innovation within the company. Amit Bhalla’s efforts in sustainability and strategic development not only support Schneider Electric’s corporate goals but also contribute significantly to broader environmental and societal objectives, positioning the company as a leader in sustainable energy solutions. His educational background and previous professional experiences have equipped him with the skills and knowledge necessary to lead complex projects and initiatives, effectively aligning Schneider’s operations with global sustainability standards and practices.

Ms. Chris Leong
Executive VP & Chief Marketing Officer

Ms. Chris Leong is a notable business executive known for her role at Schneider Electric SE, a global leader in energy management and automation. She serves as the Chief Marketing Officer (CMO) of the company, where she is responsible for leading the global marketing strategy and driving the digital transformation of the business. With her extensive experience in marketing and branding, Chris Leong has been instrumental in enhancing Schneider Electric's brand presence worldwide. She is known for her innovative approach to marketing and her focus on customer-centric strategies that align with the company's sustainability and efficiency goals. Before joining Schneider Electric, she held various senior leadership roles at companies such as Nokia, where she was involved in several strategic marketing initiatives. Her background also includes expertise in telecommunication and technology, which complements her work in the energy sector. Chris Leong is recognized for her commitment to fostering diversity and inclusion within the workplace, as well as her advocacy for women in leadership roles. Her leadership style is characterized by a collaborative approach and a passion for mentorship and development of talent within her teams.

Ms. Charise Le
Chief Human Resources Officer

Charise Le is the Chief Human Resources Officer (CHRO) at Schneider Electric, where she brings extensive experience in human resources and leadership. Charise has been with Schneider Electric for several years, contributing significantly to the company's talent management and organizational development. She is known for her strategic approach to human resources and her focus on driving inclusive practices and cultural transformation within the company. Charise Le has a strong educational background and has held various HR-related roles, not only at Schneider Electric but also in other global companies. Her experience spans multiple regions, emphasizing her expertise in managing diverse teams and understanding international HR dynamics. Le is highly regarded for her commitment to sustainability and innovation, aligning human resources strategies with the company’s overall mission and values.

Carina Ho
Senior Vice President of Strategy & Business Development - China Operations

As of the latest available information, there is no detailed public biography for an officer named Carina Ho at Schneider Electric SE. It is possible that she may not be a high-profile executive within the company or information about her has not been widely disseminated or published. Therefore, I am unable to provide a biography at this time. If there are any recent updates or specific roles related to Carina Ho that have not been included in widely available data, further research or company-specific resources might be necessary to obtain that information.

Mr. Joszef Spilko
President of Hungary Unit

József Spilkó is an executive at Schneider Electric SE, a multinational corporation that specializes in digital automation and energy management. Schneider Electric, headquartered in Rueil-Malmaison, France, operates in over 100 countries, offering energy and automation digital solutions for efficiency and sustainability. József Spilkó serves as the Vice President of Services & Marketing in the Europe Operations division of Schneider Electric. With extensive experience in both marketing and service operations, he plays a crucial role in driving Schneider Electric’s strategies to enhance customer and partner relationships across the European market. His work focuses on promoting sustainable energy solutions and advancing the digital transformation of the energy management industry. In his role, Spilkó is also involved in fostering innovation and improving service delivery mechanisms to ensure clients achieve their energy efficiency targets. Under his leadership, Schneider Electric continues to strengthen its commitment to creating smart, sustainable energy solutions that meet the evolving demands of the market. His leadership reflects a deep commitment to sustainability, innovation, and operational excellence, aligning with Schneider Electric's mission to enable everyone to make the most of their energy and resources.

Ms. Annette K. Clayton
Chairwoman of North America

Annette K. Clayton is a prominent business executive known for her role at Schneider Electric SE, a global leader in energy management and automation. She served as the CEO and President of Schneider Electric North America Operations, where she was responsible for driving business growth, overseeing strategy, and ensuring operational efficiency across the North American region. Prior to joining Schneider Electric, Clayton held significant leadership positions in various industries, showcasing her extensive experience and expertise in operations and management. She was the Vice President of Global Operations at Dell, where she played a critical role in streamlining operations and enhancing supply chain efficiencies. Before her time at Dell, she worked at General Motors, where she held various engineering and management positions, gaining valuable insights into manufacturing and production processes. Annette Clayton is recognized for her strong leadership skills, innovative approach to business, and commitment to sustainability, which aligns with Schneider Electric’s focus on sustainable and energy-efficient solutions. Her contributions have been instrumental in positioning the company as a leader in its field, driving transformation, and achieving significant business milestones.

Mr. Christophe Campagne
Senior Vice President of Global Projects Execution Transformation

Christophe Campagne is an executive at Schneider Electric, a multinational corporation specializing in digital automation and energy management. At Schneider Electric, he has held various positions, contributing significantly to the company's growth and strategic operations. With extensive expertise in business administration, leadership, and strategic planning, Campagne has been instrumental in driving initiatives that align with Schneider Electric's sustainability and innovation goals. His leadership style often emphasizes collaboration, efficiency, and leveraging technology to achieve organizational objectives. Through his efforts, he has played a crucial role in enhancing the company's presence in key markets and sectors.

Mr. Rob McKernan
Senior Vice President of ITD Europe & Global IT Channels

Rob McKernan is a well-regarded figure within Schneider Electric SE, known for his significant contributions to the company over many years. He has held various leadership roles, each contributing to the strategic growth and operational efficiency of the organization. His career at Schneider Electric spans multiple decades, during which he has been instrumental in driving sales strategies, business development, and customer engagement across different regions. As of 2023, Rob McKernan serves in a prominent executive capacity, often involving responsibilities that align with advancing the company’s market presence and enhancing customer solutions globally. McKernan is known for his deep understanding of the industry, exceptional leadership skills, and a strong focus on innovation and sustainability, core tenets of Schneider Electric's mission. Under his leadership, Schneider Electric has seen growth in sectors such as energy management and industrial automation, reflecting his ability to adapt to evolving market trends and technological advancements. His strategic vision has been crucial in positioning Schneider Electric as a leader in these fields. McKernan is also recognized for fostering a company culture that values diversity, inclusion, and employee engagement, further driving the company’s success.

Mr. Pierre Lévêque
Senior Vice President of Internal Audit

Pierre Lévêque is a prominent executive associated with Schneider Electric SE, a global specialist in energy management and automation. With a career spanning various roles within the company, Lévêque has contributed significantly to its growth and innovation. His extensive experience and expertise in the energy sector have made him a valuable asset to Schneider Electric. Throughout his tenure, he has been involved in strategic planning, operational leadership, and technological advancements, playing a key role in driving initiatives that align with the company's focus on sustainability and digital transformation. His leadership style emphasizes collaboration, innovation, and a commitment to delivering solutions that meet the evolving needs of Schneider Electric's customers worldwide.

Contacts

Address
ILE-DE-FRANCE
Rueil-Malmaison
35, Rue Joseph Monier
Contacts