🟢 Schneider Electric surges 10.2% on record first-half results and upgraded full-year outlook

Schneider Electric is trading 10.2% up at €284.15 after reporting record first-half 2026 results and significantly raising its full-year guidance.

• The company's first-half revenue hit €21.2 billion with 14% organic growth, driven by strong demand from data centers, power grids, and industrial automation.
• Schneider Electric now expects full-year 2026 organic revenue growth of 10%-13% (up from 7%-10%) and adjusted EBITA growth of 14%-19% (up from 10%-15%).
• Analysts widely anticipated the guidance raise, with further upside potential noted towards an average price target of ~€308.71.