Schneider Electric posts record half-year results driven by data centre demand

Schneider Electric’s revenue reached EUR19.3bn in the first half, supported by strong data centre activity and growth across all its main markets.

Share:

The Schneider Electric group, a specialist in electrical equipment, achieved revenue of EUR19.3bn ($20.96bn) in the first half, marking an increase of 6.4%. The group’s net profit reached EUR1.9bn ($2.06bn), a rise of 2% over the period. According to management, growth was mainly fuelled by the continued expansion of the data centre sector, supported by the development of artificial intelligence and digital infrastructure worldwide.

Growth markets and confirmed financial targets

Schneider Electric, active in the buildings, data centres, infrastructure, and industry markets, is targeting adjusted Ebita organic growth between 10% and 15% for 2025. Ebita reached EUR3.5bn ($3.8bn), up 3.8%, with organic growth of 6.9%. Chief Executive Officer Olivier Blum highlighted the strength of end markets despite ongoing economic uncertainty. The group reported a strong pipeline of opportunities for the remainder of the year, boosted by increasing demand from artificial intelligence players.

Managing exposure to US tariffs

Chief Financial Officer Hilary Maxson indicated that the impact of US-imposed tariffs would remain limited, estimated at a few hundred million dollars. The group plans to offset this impact through price increases. Currently, 17% of Schneider Electric’s North American sales come from imports from other regions, compared to 83% generated by a local value chain. The company noted its pricing power in the American market, where it generates a significant share of its business.

Regional growth and strategic acquisition in India

Geographically, North America, accounting for 38% of second-quarter revenue, recorded organic growth of 12.5%. Asia-Pacific, making up 27% of the total, grew by 7.4%. In Western Europe, growth reached 2.1%, while the rest of the world posted organic growth of 10.4%. Schneider Electric also announced the full acquisition of Schneider Electric India Private Limited (SEIPL), valued at EUR5.5bn ($5.97bn), further strengthening its position in the Indian market.

Olivier Blum stated that this operation allows the group to consolidate its development strategy in India and leverage the potential of local teams in research, digital and logistics.

Subsea 7 reports a strong increase in its financial results for the second quarter of 2025 and announces a definitive agreement for a merger with Saipem, while maintaining its growth outlook for the year.
Scatec ASA and Aboitiz Power secure approval for an increased tariff on ancillary services, generating more than $21mn in retroactive revenue on the Philippine market.
Enbridge confirms dividend payments for its common and preferred shares, consolidating its shareholder return policy amid stability in the North American energy sector.
Cox aims to acquire Iberdrola’s 15 power plants in Mexico for EUR4 bn (USD4.69 bn), strengthening its presence in a changing market.
Guzman Energy has finalised a $80mn revolving credit facility with BciCapital to strengthen its liquidity and support its growth in the Western U.S. energy markets.
Chevron announces the appointment of John B. Hess, former executive of Hess Corporation, to its board of directors, marking a strategic step for the group’s governance in a context of transformation in the energy sector.
Nexans reports a 113% increase in net profit for the first half, supported by the growth of its electrification activities and the upward revision of its financial targets for the year.
The European Commission opens an in-depth investigation into Adnoc’s purchase of German chemical group Covestro, questioning the potential impact of foreign subsidies and competition within the European internal market.
Stonepeak announces the creation of JouleTerra, a platform dedicated to the aggregation and management of grid-connected land, aimed at supporting the deployment of renewable energy infrastructure throughout the European continent.
Baker Hughes is set to acquire Chart Industries for $13.6bn, surpassing Flowserve’s offer and ending the previously announced merger between Chart and Flowserve, according to sources close to the matter.
Spanish energy group Endesa reports strong first-half profit growth but warns of insufficient incentives in the new grid remuneration framework proposed by the CNMC.
The French group posted higher sales and profitability while setting a new record for its investment backlog, driven by the electronics and energy transition sectors.
Bureau Veritas completes acquisitions in cybersecurity in Denmark, nuclear in Germany, and transition services in South Korea, further strengthening its coverage of strategic high-growth markets.
Macquarie finalises the acquisition of Erova Energy, further strengthening its capabilities in the management and optimisation of renewable assets in the United Kingdom and Ireland amid rapid sector growth.
An agreement between Iberdrola and Echelon provides for the creation of a joint venture dedicated to the development of data centres in Spain, including an initial 144 MW site in Madrid, strengthening integration between energy and digital infrastructure.
TenneT strengthened its investments in electricity infrastructure in the Netherlands and Germany, reaching EUR 5.5 bn over six months, while a decision on the financing structure of its German subsidiary is expected in September 2025.
Eni is considering increasing its share buyback programme after financial results exceeded expectations, with reduced debt and revised annual targets in the gas segment.
Despite a sharp decline in sales and prices, Vallourec improved its profitability and issued an upward forecast for its gross operating income in the second half of 2025.
Eni announces a sharp decline in quarterly net profit, the result of lower oil prices and a weaker dollar, while maintaining a strengthened dividend policy and a development trajectory in renewables.
EDF is reassessing its industrial priorities and streamlining investments, as net profit falls to €5.47bn ($5.94bn) in the first half of 2025 due to a weakening electricity market.