Schneider reported its H1 17 revenue: • In the first half of the year, the group’s revenue reached €12,173m, with 2.7% organic growth, and 3.7% reported growth. • H1 adjusted EBITA margin increased by 60bp organically to 14.1%. • H1 net income jumped by 18% to €958m, while free cash flow gained 15% to €501m. • Strong growth reported in Asia-Pacific (China, India, Malaysia and Vietnam). • FY17 organic revenue-growth target is lifted from 1-3% to 3-
28 Jul 2017
Mainly positive developments in H1 17
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Mainly positive developments in H1 17
Schneider Electric SE (SU:WBO) | 0 0 0.3% | Mkt Cap: 42,816m
- Published:
28 Jul 2017 -
Author:
Lionel Pellicer -
Pages:
3
Schneider reported its H1 17 revenue: • In the first half of the year, the group’s revenue reached €12,173m, with 2.7% organic growth, and 3.7% reported growth. • H1 adjusted EBITA margin increased by 60bp organically to 14.1%. • H1 net income jumped by 18% to €958m, while free cash flow gained 15% to €501m. • Strong growth reported in Asia-Pacific (China, India, Malaysia and Vietnam). • FY17 organic revenue-growth target is lifted from 1-3% to 3-