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Schneider Electric SE (SCHN.PA)

SCHN.PA on Paris Stock Exchange

75.06EUR
14 Jun 2019
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Thu, Apr 18 2019

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Schneider Electric's first quarter results beat consensus

Schneider Electric reported on Thursday its first quarter results with revenue growth of 9 percent at 6.31 billion euros, above consensus of 6.13 billion euros.

Schneider Electric signs five-year contracting deal with BP

Schneider Electric said on Monday it entered into a five-year global framework agreement with oil and gas company BP.

Schneider Electric in talks to sell its Pelco arm to private equity firm Transom

* Schneider Electric has entered exclusive negotiations with Transom Capital Group, a U.S.-based private equity firm, regarding the sale of its Pelco business unit

UPDATE 2-Schneider Electric's shares rise on better than expected 2019 outlook

* North America, Asia-Pacific still have momentum (Adds analysts' comment, share price reaction, mid-term objective)

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