|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||162.30 - 166.96|
|52-week range||110.02 - 166.96|
|Beta (5Y monthly)||1.01|
|PE ratio (TTM)||26.76|
|Earnings date||27 Jul 2023|
|Forward dividend & yield||3.15 (1.92%)|
|Ex-dividend date||09 May 2023|
|1y target est||171.00|
Schneider Electric and solar startup GreenYellow will target small- and medium-sized European companies hurting from high electricity prices with previously out-of-reach energy saving technology, the firms said on Thursday. While large energy-intensive businesses have long invested in demand management and so-called "microgrid" systems - which reduce energy use through automated controls, batteries and integrated solar panels - high costs have been a barrier for the smaller firms that are now bearing the brunt of Europe's energy crisis. Betting that energy price spikes seen in 2022 will be repeated in winters to come, Schneider and GreenYellow are launching a pay-as-you-go system for smaller clients to access the necessary equipment and a supply of renewable electricity at a guaranteed fixed price below predicted market rates.
Call comes ahead of World Economic Forum annual meetingSchneider-commissioned research finds most companies planning to spend under 2% of revenues on sustainability and decarbonization initiativesOn the demand side of the energy transition, only 31% of organizations currently push electrification as a way to decarbonize Rueil-Malmaison (France), January 16, 2023 – Schneider Electric, the leader in the digital transformation of energy management and automation, today issued an urgent call for gov
Aims to enhance OT exposure detection capability by identifying misconfigured connected devicesSeeks to improve overall security of customers and partners in the OT environment Schneider Electric, the global leader in the digital transformation of energy management and automation, and BitSight, the leader in detecting and managing cyber risk, today announced a strategic partnership to develop a first-of-its-kind global Operational Technology (OT) Risk Identification and Threat Intelligence capab
Schneider Electric and BitSight announcement.jpg.jpg Schneider Electric and BitSight announcement.jpg.jpg Schneider Electric, the global leader in the digital transformation of energy management and automation, and BitSight, the leader in detecting and managing cyber risk, today announced a strategic partnership to develop a first-of-its-kind global Operational Technology (OT) Risk Identification and Threat Intelligence capability. In recent years, both opportunistic and advanced cyber threat ac
France's Schneider Electric won control of Aveva, one of Britain's biggest tech companies, on Friday after minority shareholders approved an offer valuing the industrial software firm at 9.9 billion pounds ($11.9 billion). France's Schneider, which already owned nearly 60% of Aveva, upped its offer to 3,225 pence earlier this month after several major investors threatened to reject its previous 3,100 pence offer, which they termed "opportunistic".
Schneider, which already owns nearly 60% of the London-listed firm, in September offered to fully take over Aveva for 3,100 pence per share. Aveva's shares were up 0.6% at 3,162 pence, below the new offer price, by 1345 GMT. Schneider said Friday's sweetened bid was its final offer and it will not be increased further.
Schneider Electric today announced that the Energize program, launched in 2021 at COP26, has formed the program's first Power Purchase Agreement (PPA) buyers' cohort to purchase renewable electricity.
A top five investor in British software company Aveva plans to reject a 9.5 billion pound ($11 billion) takeover bid by French industrial group Schneider Electric, joining two other shareholders who have already said they would do the same. Hedge fund Davidson Kempner said in a statement on Thursday that it believed the Schneider bid was "highly opportunistic" and it did not take into account Aveva's long-term potential. In September, when the deal was announced, Canada-based Mawer Investment Management and M&G Investments, two Aveva shareholders, said they intended to reject the offer.
NORTHAMPTON, MA / ACCESSWIRE / November 8, 2022 / Schneider Electric Curious to find out more about working at a company with advanced "Lighthouse" factories that have been recently recognized by the World Economic Forum? Or perhaps you already ...
Schneider Electric Infrastructure reported a profit in the second quarter on Thursday, after winning a slew of orders following a pickup in economic activity. The Noida-based company, which makes a range of electrical products including power transformers and switchgears, is benefiting from modernisation of India's power and grid sector, as well as a push to electric vehicles. Standalone profit for the three months ended Sept. 30 was 87.4 million Indian rupees ($1.05 million), compared with a loss of 87.4 million rupees a year earlier, the company said in an exchange filing.
Schneider executives invited to advise on ways to solve energy and climate crises Schneider Electric Foundation on the ground to support initiatives to get young people more involved in climate action Rueil-Malmaison (France), November 1, 2022 – Schneider Electric, the leader in the digital transformation of energy management and automation, today called for accelerated action for an equitable transition to net-zero, driven by collaborative action across the private and public sectors. The compa
French industrial group Schneider Electric said on Thursday it was still pursuing the full takeover of Aveva, but added the deal must make sense from both a financial and strategic perspective. "This is not an absolute must-do deal for us," Chief Financial Officer Hilary Maxson said in an earnings call, adding the group could also opt to maintain its 59% ownership. The group in September said it would proceed with the full takeover of the British software company, offering 31 pounds per share in a deal valuing the whole company at around 9.48 billion pounds ($11 billion).
Yahoo Finance's Jared Blikre speaks with Aamir Paul, Schneider Electric President North America on next generation industrial technology and investment in clean tech.
Host of digital and people-centric solutions launched at flagship annual customer and partner event seriesCEO keynote lays out how adopting existing technologies at scale will help bolster energy security, resilience and decarbonization Rueil-Malmaison (France), October 12, 2022 – Schneider Electric, the leader in the digital transformation of energy management and automation, today kicked off its Innovation Summit World Tour 2022 with a passionate call to address the triple crisis – energy, eco
(Bloomberg) -- Private equity firm GTCR said that it won’t make an offer for UK software firm GB Group Plc after previously disclosing it was weighing a cash bid. Most Read from BloombergKremlin Lets State Media Tell Some Truths About Putin’s Stalling WarMusk's Twitter Takeover Hits Snag Over Debt-Financing IssueBiden Says Putin Threats Real, Could Spark Nuclear ‘Armageddon’Nord Stream Leaks Caused by Detonations in Sign of SabotageTrump Says US Agency Packed Top-Secret Documents. These Emails S
French President Emmanuel Macron has proposed Luc Remont as EDF's next chief executive and chairman, the Elysee presidential office said on Thursday. Remont, currently a senior executive at power equipment maker Schneider Electric, will replace Jean-Bernard Levy at the helm of the nuclear power group, which is in the process of being nationalised. *Remont, 53, began his career in 1993 as an engineer at the French Defence Procurement Agency, before joining the French economy ministry in 1996.
(Bloomberg) -- The UK has “no chance in hell” of becoming technologically sovereign, Hermann Hauser, the co-founder of Amadeus Capital Partners and Acorn Computers, said at Bloomberg’s Technology Summit in London.Most Read from BloombergCredit Suisse Turmoil Deepens With Record Stock, CDS LevelsTesla Slumps as Deliveries Disappoint Due to Shipping SnarlsOPEC+ Set to Discuss 1 Million-Barrel Output Cut as Demand SlowsCredit Suisse Market Turmoil Deepens After Memo BackfiresStocks Stage Oversold C
French industrial group Schneider Electric on Wednesday said it would proceed with a full takeover of the British software company, offering 31 pounds per share. The statement resonates with another investor in Aveva, M&G Investments.
Norges Bank - Form 8.3 - Schneider Electric SE
Shares in Cambridge-based Aveva, which has more than 6,400 employees, will be priced at £31.
PARIS/LONDON (Reuters) -French industrial group Schneider Electric said it would proceed with a full takeover of British software company Aveva Plc, offering 31 pounds per share in a deal valuing the whole of Aveva at around 9.48 billion pounds ($10.8 billion). Schneider said its offer represented a premium of around 41% to Aveva's closing share price of 21.92 pounds on Aug. 23, before Schneider first stated its intentions to consider a full buyout. Shares in Aveva rose 2.2% in early deals in London, while Schneider Electric was down 1%.
By Scott Kanowsky
The boards of both companies are discussing a price of more than 30 pounds a share for Schneider to acquire the roughly 40% of Aveva it doesn't already own, valuing the British company at about 9 billion pounds, the report said. Aveva's stock closed at 2,959 pence on Monday, giving the company a total valuation of about 8.93 billion pounds, Reuters calculations based on Refinitiv Eikon data showed. Last month, the French industrial conglomerate said it was considering buying out minority shareholders in the software company.