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Schneider Electric raises 2026 targets again on booming data centre demand

Saturday, October 17, 2026 - 17:09
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Schneider Electric has achieved a record revenue of €11.46 billion in the third quarter, exceeding analyst projections. The company has adjusted its revenue and earnings growth targets for 2026, buoyed by strong demand, especially in the data centre segment across China and East Asia. Schneider is actively boosting its software capabilities with acquisitions like Cognite and PTC.

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