Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Schneider Electric SE
  6. News
  7. Summary
    SU   FR0000121972

SCHNEIDER ELECTRIC SE

(SU)
  Report
Real-time Euronext Paris  -  11:36:58 2023-02-03 am EST
154.84 EUR   +1.60%
01/30Schneider Electric Appoints Shitiz Agarwal as Vice President, Power Systems, Sales and Operations in Canada
CI
01/30Schneider Electric calls for greater efforts to accelerate energy transition
AQ
01/30Schneider Electric Appoints Shitiz Agarwal, Vice President, Power Systems, Sales and Operations
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

French finance minister: nomination of new boss for energy group EDF is imminent

09/27/2022 | 03:10am EST

*

Schneider executive Luc Remont tipped for CEO post

*

Orano's Claude Imauven could get chairman position

*

Le Maire hints at possible separate chairman/CEO roles

PARIS, Sept 27 (Reuters) - French Finance Minister Bruno Le Maire said the government had chosen the person who would lead state-power group EDF, which is in the process of being fully nationalised, and that a nomination was "imminent".

EDF has been beset by problems this year and issued a profit warning earlier this month. An unprecedented number of reactor outages, partly caused by corrosion issues, has driven French nuclear power output to an historic low just as Europe scrambles to find alternative supplies to Russian gas.

Le Maire also told France Inter radio that the top EDF job could be split into separate chief executive and chairman roles.

"Our doctrine...has always been to separate the chairman role from the chief executive role. I do not see why this would not be the case for EDF," he said.

The French state is planning to buy out the remaining 16% of EDF which it does not already own in order to fully nationalise EDF. EDF's long-time chairman and CEO, Jean-Bernard Levy, is also due to be replaced.

Luc Remont, an executive at Schneider Electric, is expected to get the CEO job, sources have said.

Les Echos newspaper on Monday tipped Claude Imauven, chairman of nuclear fuel group Orano, for the chairman post.

A source within EDF said Imauven's background and training, including educations at France's top flight Ecole Polytechnique and Ecole des Mines establishments, were an advantage.

Laurence Parisot, currently chairwoman of Citi in France, is also mentioned by sources as a frontrunner for the role.

EDF and Schneider Electric have declined to comment on the situation regarding the hunt for a new head at EDF. Officials at Orano could not be immediately reached for comment. (Reporting by Dominique Vidalon, Elizabeth Pineau and Leigh Thomas; Editing by Silvia Aloisi and Ed Osmond)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
ELECTRICITÉ DE FRANCE -0.08% 12 Real-time Quote.0.00%
GOLD -2.63% 1864.9 Delayed Quote.5.02%
S&P GSCI GOLD INDEX -2.81% 1092.57 Real-time Quote.5.73%
SCHNEIDER ELECTRIC SE 1.60% 154.84 Real-time Quote.18.45%
SILVER -4.78% 22.34 Delayed Quote.-2.02%
THALES 0.63% 118.95 Real-time Quote.-0.29%
All news about SCHNEIDER ELECTRIC SE
01/30Schneider Electric Appoints Shitiz Agarwal as Vice President, Power Systems, Sales and ..
CI
01/30Schneider Electric calls for greater efforts to accelerate energy transition
AQ
01/30Schneider Electric Appoints Shitiz Agarwal, Vice President, Power Systems, Sales and Op..
AQ
01/30Schneider Electric Named as a 'Lighthouse' in Diversity, Equity & Inclusion by the Worl..
AQ
01/27Schneider Electric appoints new leader to steer Canada's Secure Power Business
AQ
01/27SCHNEIDER ELECTRIC : Berenberg gives a Buy rating
MD
01/26Schneider Electric on accelerating energy transition
AQ
01/26Tech Data drives net-zero data centres with Schneider Electric in Singapore
AQ
01/26Medallia Supports Schneider Electric in Boosting Customer Satisfaction with Real-Time, ..
AQ
01/26AlphaStruxure to Design, Construct, and Operate JFK's New Terminal One Microgrid, Creat..
PR
More news
Analyst Recommendations on SCHNEIDER ELECTRIC SE
More recommendations
Financials
Sales 2022 33 502 M 36 356 M 36 356 M
Net income 2022 3 644 M 3 955 M 3 955 M
Net Debt 2022 9 781 M 10 614 M 10 614 M
P/E ratio 2022 24,4x
Yield 2022 1,99%
Capitalization 85 954 M 93 277 M 93 277 M
EV / Sales 2022 2,86x
EV / Sales 2023 2,77x
Nbr of Employees 128 000
Free-Float 91,1%
Chart SCHNEIDER ELECTRIC SE
Duration : Period :
Schneider Electric SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SCHNEIDER ELECTRIC SE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 22
Last Close Price 154,84 €
Average target price 156,05 €
Spread / Average Target 0,78%
EPS Revisions
Managers and Directors
Jean-Pascal Tricoire EVP-International Division
Hilary Maxson Chief Financial Officer & Executive Vice President
Premraj Krishnakutty Vice President-Research & Development
LÚo Apotheker Director
Linda I. Knoll Independent Director
Sector and Competitors
1st jan.Capi. (M$)
SCHNEIDER ELECTRIC SE18.45%93 277
KEYENCE CORPORATION19.37%113 701
EATON CORPORATION PLC3.19%64 921
EMERSON ELECTRIC CO.-4.86%54 048
DELTA ELECTRONICS (THAILAND)14.46%35 491
AMETEK, INC.3.44%33 617