Schneider Electric cuts margin outlook on market volatility [Yahoo! Finance]
SCHNEIDER ELEC UNSP/ADR (SBGSY)
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Source: Yahoo! Finance
market volatility, after its sales missed market expectations in the first quarter. Schneider Electric, which develops AI-related data centre cooling systems, now sees 2025 adjusted earnings before interest, taxes and amortization (EBITA) margin of between 18.7% and 19%, compared to its previous core profit margin expectation of between 19.2% and 19.5%. "Recent macroeconomic and geopolitical developments have added a layer of uncertainty across all markets, including those we operate in, but we are confident in our structural growth drivers," CEO Olivier Blum said in a statement. The statement did not mention the impact of U.S. President Donald Trump's tariffs where a lack of certainty created by their on-again-off-again nature has roiled global markets, destabilised the United States' trading partners and left companies reassessing their operations. Swiss industrial robot maker ABB also acknowledged increased uncertainty in the global business environment when it announced it
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