Reuters
16 Oct 2026, 05:31 UTC · 6h ago
Schneider Electric raises 2026 targets again on booming data centre demand
Impact · against what's priced in
Schneider Electric's target raise provides a positive catalyst as it confirms accelerating revenue growth driven by the data center boom. The upward revision suggests that demand is outpacing previous forecasts.
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- In context
The company is raising its 2026 targets again, indicating that the boom in data centre demand is driving stronger growth expectations than previously guided.
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- guidance
- SU.PA
- ai infrastructure
- data centres
- energy infrastructure
- industrial automation
- schneider electric
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