Jul 30, 2026
✦Economic Times
Schneider Electric: France's Schneider Electric raises 2026 guidance on data-centre demand
French industrial group Schneider Electric raised its 2026 core profit guidance following strong demand for data-centre equipment. The company now expects EBITA growth between 14% and 19%. CEO Olivier Blum said, "While demand in Data Centers remained at a very high level, Energy Management delivered broad-based growth in H1 across all end markets."