253.3 KiB
Schneider Electric SE
Rating History
| Rating | Watch | Outlook | Decision Date | Action Validity Date | Maximum Validity |
|---|---|---|---|---|---|
| A- | Outlook NEG | 04.09.2020 | 10.09.2020 | ||
| A- | Outlook STA | 27.02.2019 | 12.03.2019 |
News
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10.09.2020Creditreform Rating has confirmed the rating of the unsolicited corporate issuer rating of Schneider Electric SE (SE) at A- and changed the outlook from stable to negative. This change is based on a significant decrease in revenues and results in H1 2020, predominantly caused by the negative impacts of the COVID-19 pandemic. For the fiscal year 2020, we expect sales and earnings to be significantly lower than originally planned, which could have a negative impact on the rating-relevant key figures. Furthermore, there still remains significant uncertainty regarding the further course of the pandemic and the actual economic consequences. Due to the Company´s strong diversified and partially robust business model as well as its generally sound financial figures, we confirm the rating of SE at A-.
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12.03.2019Creditreform Rating has carried out an unsolicited rating of Schneider Electric SE. The rating has been set to A- with stable outlook.