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    SU   FR0000121972

SCHNEIDER ELECTRIC SE

(SU)
  Report
Real-time Euronext Paris  -  11:38 2022-12-05 am EST
139.50 EUR   -0.70%
07:36aSCHNEIDER ELECTRIC : Bernstein gives a Sell rating
MD
12/01EMEA Morning Briefing: Powell Speech to Boost Mood Ahead of U.S. Inflation Data
DJ
11/30Schneider Electric Announces Significant Upgrades to its Popular Digital Twin Tools for Water and District Energy Utilities
CI
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Schneider Electric's Luc Remont to Be Proposed as EDF's New Boss

09/29/2022 | 09:18am EST

By Joshua Kirby


French President Emmanuel Macron will nominate Schneider Electric SA executive Luc Remont to take over as chief executive officer and chairman of utility Electricite de France SA, the Elysee Palace said in a statement Thursday, confirming earlier media reports.

The nomination, made at the recommendation of the prime minister, will be referred to the country's legislative bodies for consultation, according to the statement.

Mr. Remont, 53, is currently vice president, international operations, at French energy-management and automation company Schneider Electric. He will replace Jean-Bernard Levy, CEO and chairman since 2014, at the head of the energy giant, which is set to be nationalized and taken private by the French state. Media reports earlier this month had suggested Mr. Remont was in line to take the reins of the company.

Earlier this week, French economy minister Bruno Le Maire suggested that the functions of CEO and chairman could be separated following EDF's nationalization.


Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby


(END) Dow Jones Newswires

09-29-22 1118ET

Stocks mentioned in the article
ChangeLast1st jan.
ELECTRICITÉ DE FRANCE 0.00% 12 Real-time Quote.21.50%
SCHNEIDER ELECTRIC SE -0.70% 139.5 Real-time Quote.-18.54%
All news about SCHNEIDER ELECTRIC SE
07:36aSCHNEIDER ELECTRIC : Bernstein gives a Sell rating
MD
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11/30Schneider Electric Announces Significant Upgrades to its Popular Digital Twin Tools for..
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11/25LONDON MARKET CLOSE: Stocks up following central bank-focused week
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11/25TOP NEWS: Aveva shareholders back takeover by Schneider Electric
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Analyst Recommendations on SCHNEIDER ELECTRIC SE
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Financials
Sales 2022 33 601 M 35 310 M 35 310 M
Net income 2022 3 719 M 3 909 M 3 909 M
Net Debt 2022 7 391 M 7 767 M 7 767 M
P/E ratio 2022 21,7x
Yield 2022 2,18%
Capitalization 77 439 M 81 378 M 81 378 M
EV / Sales 2022 2,52x
EV / Sales 2023 2,43x
Nbr of Employees 128 000
Free-Float 91,1%
Chart SCHNEIDER ELECTRIC SE
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Technical analysis trends SCHNEIDER ELECTRIC SE
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TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 21
Last Close Price 140,48 €
Average target price 151,71 €
Spread / Average Target 8,00%
EPS Revisions
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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