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Schneider: targets confirmed; details on digital operations

(CercleFinance.com) - At an investor day related to digital operations, Schneider Electric confirmed its organic sales growth target range of 3% to 6% in current cyclical conditions.

In comparison, organic growth reached 2.7% over the first nine months of 2017.

Digital will be a key lever, with the objective of increasing the Edge Control offer and applications, Analytics and Digital Services applications faster than the group average, said the specialist in electrical systems and automation.

For this purpose, Schneider will add a "digital committee" to its board of directors, which will be dedicated to "the group's digital strategy and performance. Its composition will be unveiled at the group's shareholder general meeting in April 2018.

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