Schneider Electric Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line

Schneider Electric (EPA:SU) Full Year 2024 Results

Key Financial Results

• Revenue: €38.2b (up 6.3% from FY 2023).
• Net income: €4.27b (up 6.6% from FY 2023).
• Profit margin: 11% (in line with FY 2023).
• EPS: €7.61 (up from €7.15 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Schneider Electric Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) was mostly in line with analyst estimates.

The primary driver behind last 12 months revenue was the Energy Management segment contributing a total revenue of €31.1b (82% of total revenue). Notably, cost of sales worth €21.9b amounted to 57% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €7.92b (66% of total expenses). Explore how SU's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electrical industry in France.

Performance of the French Electrical industry.

The company's shares are down 4.9% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Schneider Electric's balance sheet.

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