FY 16 revenues reached €24.7bn with an organic growth of -0.9%. The gross profit improved organically (+1%) through strong productivity and system improvements. Q4 16 revenues was €6,783m, down -1.7% organically and down -5.8% on a reported basis. The 2016 adjusted EBITA reached €3,480m, increasing organically by +4% and the adjusted EBITA margin improved 40bp to 14.1% thanks to positive net prices and strong productivity. Record cash generation with FY16 FCF of €2.2bn up
16 Feb 2017
Weak infrastructure, rise in raw material prices leads to cautious 2017 guidance
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Weak infrastructure, rise in raw material prices leads to cautious 2017 guidance
Schneider Electric SE (SU:WBO) | 0 0 0.3% | Mkt Cap: 42,816m
- Published:
16 Feb 2017 -
Author:
Lionel Pellicer -
Pages:
3
FY 16 revenues reached €24.7bn with an organic growth of -0.9%. The gross profit improved organically (+1%) through strong productivity and system improvements. Q4 16 revenues was €6,783m, down -1.7% organically and down -5.8% on a reported basis. The 2016 adjusted EBITA reached €3,480m, increasing organically by +4% and the adjusted EBITA margin improved 40bp to 14.1% thanks to positive net prices and strong productivity. Record cash generation with FY16 FCF of €2.2bn up