Schneider Electric: 2017 targets revised again.
(CercleFinance.com) - Schneider Electric has once again increased its 2017 targets, now expecting organic sales growth of around 4%, excluding infrastructures, with its adjusted EBITA margin up by +50 to +70 basis points in organic terms.
The energy management and automation group reported Q3 2017 revenue of 5,904 million euros, down 1.9% as reported, but up 2.7% in organic terms.
Adjusted for a -0.6 point impact from a different number of working days, underlying performance over the quarter continued to accelerate relative to H1, with revenue up approximately 3.3% organically.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The energy management and automation group reported Q3 2017 revenue of 5,904 million euros, down 1.9% as reported, but up 2.7% in organic terms.
Adjusted for a -0.6 point impact from a different number of working days, underlying performance over the quarter continued to accelerate relative to H1, with revenue up approximately 3.3% organically.
Copyright (c) 2017 CercleFinance.com. All rights reserved.