Schneider Electric reported a positive start to the year with 6.2% organic growth which was mainly driven by Automation (+9.2% growth yoy) and China (+20%). However, the FX negative impact more than offset the organic growth and the reported figure was -0.7% growth yoy.
24 Apr 2018
Organic growth driven by China & Automation, offset by FX
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Organic growth driven by China & Automation, offset by FX
Schneider Electric SE (SU:WBO) | 0 0 0.3% | Mkt Cap: 42,816m
- Published:
24 Apr 2018 -
Author:
Lionel Pellicer -
Pages:
3
Schneider Electric reported a positive start to the year with 6.2% organic growth which was mainly driven by Automation (+9.2% growth yoy) and China (+20%). However, the FX negative impact more than offset the organic growth and the reported figure was -0.7% growth yoy.