Schneider Electric lifts 2026 outlook after record quarterly revenue

Schneider Electric on Friday, Oct. 16, 2026 reported record third-quarter revenue of €11.46 billion, up 17.9% reported and 16.9% organically, and raised its full-year 2026 outlook for the second time. It now targets 12% to 14% organic revenue growth and 18% to 21% adjusted EBITA growth, versus prior ranges of 10% to 13% and 14% to 19%. Adjusted EBITA margin is expected up 100-120 basis points organically, implying about 19.7% to 19.9%. CEO Olivier Blum said data centers remained a key growth driver with triple-digit demand growth and a record backlog, adding visibility into 2027 and 2028. Demand was described as healthy across end-markets. China and East Asia led regional growth at about 26% organic; North America grew near 20%; Europe 8.6%; South Asia and International 13.2%. Product, systems, and software-and-services organic growth were reported at 17%, 22%, and 7%. Outlets differ slightly on Energy Management and Industrial Automation organic rates. Schneider is also pursuing acquisitions including PTC and Shelly Group. Rated coverage in the record is thin and left-only.