Schneider Electric Lifts 2026 Targets

Schneider Electric (SUp) has raised its full-year 2026 financial targets following a strong third quarter of 2026. The company now expects organic adjusted EBITA to grow by 18%–21%, compared with a prior range of 14%–19%. Guidance for organic revenue growth in 2026 has also been lifted, to a new range of 12%–14% from an earlier 10%–13%. This marks another upward revision to the company’s medium-term objectives, supported by robust demand conditions.

Management linked the improved outlook to the strength of current trading and to a solid pipeline of orders. The combination of higher profit and revenue targets signals confidence in the durability of the company’s growth drivers into 2026. The updated guidance is framed around organic performance, emphasizing underlying business trends rather than acquisition or currency effects.

In the third quarter of 2026, Schneider Electric (SUp) reported record revenue of about €11.46 billion, sometimes rounded to €11.5 billion. This result corresponded to organic revenue growth of roughly 16.9%–17% compared with the same period a year earlier. The strong top-line performance formed a key basis for the guidance increase for 2026.

Demand was described as healthy across the company’s four end-markets, supporting broad-based growth rather than reliance on a single sector. The strong quarter also contributed to a record backlog at the end of the period, providing visibility on future activity. The elevated backlog reinforces expectations that recent momentum can carry into subsequent quarters.

Data-centre activity played a central role in Schneider Electric’s recent performance. During the third quarter, orders from data centres expanded at a triple-digit rate, underlining the strength of this segment. The company highlighted data centres as a key growth driver in its portfolio.

Some reports indicated that data-centre orders accounted for around 30% of total orders in the period, underscoring their growing weight within overall demand. This surge in data-centre orders contributed significantly to the record backlog at quarter-end. The prominence of this segment helps explain why the company felt confident raising both revenue and adjusted EBITA growth targets for 2026.

Beyond data centres, Schneider Electric reported that demand remained healthy across its four end-markets. This breadth of demand reduces dependence on any single sector and supports the company’s upgraded medium-term guidance. The combination of robust orders and a record backlog provides a foundation for continued organic growth.

The strong third-quarter performance and enlarged order book underpin the company’s second upward revision to its 2026 guidance. With higher targets for both organic revenue and adjusted EBITA growth, Schneider Electric is positioning itself for continued expansion into 2026. The latest figures highlight the importance of data-centre investment alongside steady demand in other key markets.