Schneider reported its Q3 16 revenue figures and laid out its strategic plan at its investors day. Main facts: Q3 16 revenues reached €6.1bn corresponding to an organic growth of -1.7% and about flat excluding selectivity & working day impacts. China continues to improve, turning positive in Q3 while the Middle East’s decline impacted the group’s growth by -1.3pts. North America’s revenues were slightly positive and Western Europe’s was flat. Services continue
27 Oct 2016
Flat Q3 16 revenue, limited growth ahead
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Flat Q3 16 revenue, limited growth ahead
Schneider Electric SE (SU:WBO) | 0 0 0.3% | Mkt Cap: 42,816m
- Published:
27 Oct 2016 -
Author:
Lionel Pellicer -
Pages:
2
Schneider reported its Q3 16 revenue figures and laid out its strategic plan at its investors day. Main facts: Q3 16 revenues reached €6.1bn corresponding to an organic growth of -1.7% and about flat excluding selectivity & working day impacts. China continues to improve, turning positive in Q3 while the Middle East’s decline impacted the group’s growth by -1.3pts. North America’s revenues were slightly positive and Western Europe’s was flat. Services continue