Schneider Electric Raises 2026 Targets
Schneider Electric raised its 2026 profit and revenue targets for the second time this year. Strong demand for AI data centres drove record third-quarter revenue growth.
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SCHNEIDER ELECTRIC SE raised its 2026 core profit and revenue targets, lifting organic EBITDA growth to between 18% and 21%. The France-based industrial group is benefiting from surging demand for artificial intelligence data centers. The pivot cements its position as a primary infrastructure supplier for cloud computing giants.
