Schneider Electric upgraded its full-year financial targets after posting record first-half revenue and adjusted earnings, supported by organic growth. The French group said Thursday it now targets full-year adjusted organic earnings before interest, taxes and amortization growth of between 14% and 19%.

This will be aided by organic revenue growth of between 10% and 13%, and organic adjusted margin expansion of between 70 basis points and 100 basis points. The upgrade came as net profit for the first six months jumped to €2.49 billion ($2.86 billion), up from €1.91 billion last year.

The company said it booked record first-half revenue, adjusted Ebita margin and free cash flow.