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Q3 2021 Revenues

Group revenues up +9% organic ; Full Year 2021 target confirmed despite supply chain pressures

  • Record Q3 Group revenues of €7.2 billion with growth in both businesses and across all regions
  • - Energy Management up +9.4% organic
  • - Industrial Automation up +6.7% organic
  • - Global supply chain pressures, including shortages in electronics, impacted Q3 revenues, particularly in Industrial Automation
  • Group organic growth: c.+7% Sept. YTD vs. 2019 (c.+6% at June YTD)
  • - Top 3 countries for the Group (U.S., China and India) each up double-digit org. vs. Q3 2019
  • Continued progress on strategic priorities in Q3:
  • - Product sales up +10% org. despite challenges in the global supply chain
  • - Software & Services up +7% org. Good progress on integration of recent acquisitions
  • - 2021-2025 Schneider Sustainability Impact program progressing well
  • Share Buyback: ~€260 million completed since reinstatement in July 2021; €0.6 billion of current program completed cumulatively to-date
  • FY 2021 Target confirmed

Jean-Pascal Tricoire, Chairman and CEO commented:

“We continue to deliver strong revenue growth in Q3, up double-digit against pre-pandemic levels, reflecting the relevance of our solutions and the high and sustained level of demand in our end-markets. Our EcoStruxure portfolio and our integrated operating model addresses the unique challenges facing our customers, as we partner with them to deploy energy and automation digital solutions for efficiency and sustainability. We take further steps on our own sustainability journey, making good progress toward our Schneider Sustainability Impact 2021-25 targets.

We continue to operate in an increasingly constrained supply chain environment, globally, resulting in shortages, and increased input and freight costs, which we continue to manage with our customers and suppliers. Against this backdrop, we confirm our full-year targets”.

The replay of the webcast is available here.
Schneider Sustainability Impact
Schneider Sustainability Impact

Q1 Revenue

April 27, 2021


Half-Year Results

July 30, 2021

Q3 Revenue

October 27, 2021


Full-Year Results

February 17, 2022


Contact Investor Relations

Are you a shareholder or investor? Would you like to become one? Contact the Schneider Electric Investor Relations department for complete information.

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