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The group now expects full-year adjusted organic earnings before interest, taxes and amortization growth of between 14% and 19%, up from 10% and 15%.
July 1 (Reuters) - European shares slipped on Wednesday, pausing after a strong finish to the second quarter and amid caution over signs that peace talks between Iran and the United States hit a new
Schneider Electric narrowly beat first-quarter revenue expectations on Thursday, once again boosted by the global artificial intelligence data centre buildout reinforcing the French group's role as one of the most sought-after suppliers. Large cloud providers, also known as hyperscalers, are expected to invest more than $600 billion into data centres and other AI-related infrastructure this year alone, analysts say. Schneider makes power equipment, server racks and most importantly cooling systems that let energy-hungry data centres operate at peak performance.
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