Schneider Electric Sa (SBGSF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Schneider Electric's first quarter 2025 revenues conference call with Hilary Maxson, Chief Financial Officer, and Amit Bala, Head of Investor Relations. Thank you for standing by. At this time, participants are in a listen-only mode until the dedicated question and answer session of today's conference. At any time, you may press star, then the number one on your phone to poll for a question. If you need to withdraw your question, please press star and two. I would like to inform all parties that today's conference is being recorded. If you have any objections, you may disconnect at this time. I will now hand it over to you, Mr. Amit Bala. Well, thank you very much, and hello, everyone. Welcome to our Q1 revenues release. I'm joined here by Hilary Maxson, our CFO. We'll go through a short presentation that you should already have seen, and then we'll move it on to questions. I might just make a reference to, as always, to slide number two, which is the usual disclaimer. And with that, I'll hand the floor to Hillary. Thanks, Amit, and good afternoon, everyone. Happy to be here with you today to comment on our Q1 2025 revenues and to update you on our expectations for the rest of the year. Starting with slide three, I'm happy to report another strong quarter with sales of $9.3 billion. In energy management, we continued with double-digit growth in revenues, up 10% for the quarter, and we continue to see strong demand, particularly in data center and infrastructure, but not only, driven by trends in electrification and digitization. In industrial automation, we were close to flat for the quarter, with sales impacted by seasonality at Aviva, and we continue to see signs of turnaround in demand and discreet. Overall, we were up 7.4% organic in sales, reflect...