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    SU   FR0000121972

SCHNEIDER ELECTRIC SE

(SU)
  Report
Real-time Euronext Paris  -  11:35 2022-11-25 am EST
142.32 EUR   -0.32%
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Schneider Electric Ranks #1 for Third Consecutive Year in the Gartner« Supply Chain Top 25: Europe Top 15

09/20/2022 | 08:23am EST

Rueil-Malmaison, France - Schneider Electric, the global leader in energy management and automation, has ranked first in the Gartner Supply Chain Top 25: Europe Top 15, retaining its position for three consecutive years.

This latest recognition follows last month's announcement that the company had ranked second in the Gartner global ranking, and showcases the best practices of Europe's Top 15 company supply chains for 2022 in conjunction with The Gartner Supply Chain Global Top 25 for 2022.

"We think this latest recognition from Gartner and our peers is particularly meaningful given the highly volatile and disruptive environment supply chains have faced over the last year," said Stephane Poittevin, Senior Vice President Global Supply Chain Europe, Schneider Electric. "Our commitment to our customers and the planet compels us to continue to invest in our supply chain for greater resilience and sustainability."

Sustainability is at the core of Schneider's purpose and mission, and the first pillar in its supply chain strategy, STRIVE (Sustainable, Trusted, Resilient, Intelligent, Velocity and Efficiency). Now in its second year, the company has accelerated its transformation toward becoming the most agile, innovative, planet and customer-centric supply chain.

Earlier this year, Schneider was recognized by Gartner in the Power of the Profession(TM) Supply Chain Awards. for its Adaptive Machine Learning Driver 'Self-Healing' Supply Chain in the Process or Technology Innovation of the Year category. The Schneider platform optimizes performance-related parameters such as safety stock quantity, minimum order quantities, and lead times on a real-time basis through machine learning. This has resulted in savings of more than EUR 100 million.

Earlier this year Schneider's factory in Le Vaudreuil, France, was recognized as a Sustainability Lighthouse by the World Economic Forum - the second for Schneider Electric and only of only six worldwide.

To learn more, visit www.se.com.

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER and POWER OF PROFESSION are registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

Tweet me: .@SchneiderElec, the global leader in energy management and automation, has ranked first in the Gartner Supply Chain Top 25: Europe Top 15, retaining its position for three consecutive years. https://bit.ly/3f02gaH #LifeIsON

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(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

Stocks mentioned in the article
ChangeLast1st jan.
GARTNER, INC. -0.20% 342.57 Delayed Quote.2.47%
SCHNEIDER ELECTRIC SE -0.32% 142.32 Real-time Quote.-17.48%
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Financials
Sales 2022 33 601 M 34 939 M 34 939 M
Net income 2022 3 709 M 3 856 M 3 856 M
Net Debt 2022 7 353 M 7 646 M 7 646 M
P/E ratio 2022 21,8x
Yield 2022 2,15%
Capitalization 79 004 M 82 151 M 82 151 M
EV / Sales 2022 2,57x
EV / Sales 2023 2,47x
Nbr of Employees 128 000
Free-Float 91,1%
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Number of Analysts 21
Last Close Price 142,32 €
Average target price 151,48 €
Spread / Average Target 6,43%
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Managers and Directors
Jean-Pascal Tricoire Chairman & Chief Executive Officer
Hilary Maxson Chief Financial Officer & Executive Vice President
Premraj Krishnakutty Vice President-Research & Development
LÚo Apotheker Director
Linda I. Knoll Independent Director
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