Schneider Electric

News aus der Elektroindustrie

24
Apr

Schneider Electric generated sales of 6,307 m EUR in the first quarter of the year

Schneider Electric generated sales of 6,307 m EUR in the first quarter of the year, up 8.7% on the same period last year.

32% was achieved in North America; 25% in Western Europe, 27% in the Asia-Pacific region and 16% in the rest of the world.

The year-end targets have already been confirmed, with organic revenue growth of + 3% to 5% and EBITA growth of between 4 and 7%. The Chinese market will continue to grow, but not quite as strongly as before. Favorable to moderate opportunities are expected for North America, Asia-Pacific and Europe.

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As we reported in September 2016, Ms. Frei changed from ABB to Schneider Electric as Germany boss.

As we reported in September 2016, Ms. Frei changed from ABB to Schneider Electric as Germany boss.

In the meantime, she has worked her way up the career ladder; from the head of Germany over the management of the DACH organization to now the vice-president of the entire European business of Schneider Electric.

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Josu Ugarte became the new President of Schneider Electric for Spain and Portugal.
Ugarte replaces Patrick Gaonach, who.......

Josu Ugarte became the new President of Schneider Electric for Spain and Portugal.
Ugarte replaces Patrick Gaonach, who.......

has become the vice president of Schneider's global marketing organization.

Both gentlemen will perform their duties from the Spanish headquarters in Barcelona, and both have been with Schneider Electric only since a relatively short time; Ugarte since 2015 and Gaonach since 2013.

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As various sources reported including Reuters, the French police and the French Anti-corruption agency carried out 12 searches..........

As various sources reported including Reuters, the French police and the French Anti-corruption agency carried out 12 searches..........

in the offices of  the manufacturers Legrand and Schneider Electric and  the wholesalers Rexel and Sonepar on the 6. September on suspicions  received by the Competition Authority and the Anti-corruption-agency in April.

The charge is price fixing between manufacturers and wholesalers, money laundering, tax evasion, bribery of representatives and public officials, abuse of corporate assets.

Other sources even say that there are reports of a secret agreement between the four companies limiting competition through price-fixing.

Should there be a guilty verdict; the companies would face a fine of hundreds of millions of euros.

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At the annual general meeting of the marketing group Imelco at the beginning of June in Frankfurt, a new chairman was elected.

At the annual general meeting of the marketing group Imelco at the beginning of June in Frankfurt, a new chairman was elected.

It is Robert P. Smith, President and CEO of the Imark Group/ USA. Imark has been a member of Imelco for several years.

Bob Smith replaces Simon Barkes of ANEW UK. Smith will serve the association from June 2018 to June 2020.

Ms Elena Reignier will continue to manage Imelco as Managing Director from the head-office in Hanover.

Prizes were won by Schneider Electric, ABB, the Prysmian group and the lighting manufacturer Ledvance for special services in distribution.

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Schneider Electric has opened its new headquarters for East Asia and Japan in Singapore, bringing together.......

Schneider Electric has opened its new headquarters for East Asia and Japan in Singapore, bringing together.......

several offices in the area in one location to serve customers better.

Singapore is the third major research and development hub after Boston and Paris and the first in Asia. Covering an area of 18,500 m², more than 1,200 employees will conduct research and development.

Schneider Electric intends to collaborate and partner with local and regional companies and universities in building optimization, infrastructure and energy management.

The commitment in this part of the world also shows where to expect future growth opportunities.

The new center has been converted for approx. USD 18 m (15 m EUR) and the power supply is generated exclusively by solar panels.

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Schneider Electric, Danfoss and Somfy join forces to develop an ecosystem of connectivity.

Schneider Electric, Danfoss and Somfy join forces to develop an ecosystem of connectivity.

The three companies will bring in their experience in lighting, heating and shutters, supported by approx. 300,000 installers, most probably the world's largest network in the industry.

The challenge is that the system lacks simplicity, reliability and after sales support. Even the installation itself is still a problem, especially if the installation process is performed by end users or unqualified personnel.

The three companies are convinced that it is time for large industrial companies to work together to accelerate connectivity and develop efficient solutions that simply work together.

Schneider Electric, Danfoss and Somfy will therefore coordinate their strategies to make the system a success.

The global connectivity market is growing rapidly, with an estimated 8.4 billion connected devices in 2020. In 2016, less than 17% of American households had a kind of smart home system; in Europe it was even less than 4%. Most devices had only a single application.

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Schneider Electric increased its annual sales in 2017 by 1.2% from EUR 24.46 bn to EUR 24.74 bn. Net profit increased by 23% to EUR 2.15 bn.

Schneider Electric increased its annual sales in 2017 by 1.2% from EUR 24.46 bn to EUR 24.74 bn. Net profit increased by 23% to EUR 2.15 bn.

In Europe (27.2% of total turnover) it was € 6.73 billion, in the Asia / Pacific region (27.7% of the total) EUR 6.87 bn, in North America (27.5%) and EUR 6.8 bn and in the rest of the world (17, 6%) EUR 4,35 bn.

Delivering complete solutions for efficiency and productivity has accelerated sales to current levels, as well as benefiting from the introduction of many new products and digital services on the market.
 

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ABN Braun from Neuenstadt, which has belonged, of course, to Schneider Electric since April 2017, has carried out an internal change in its management board. Burkhard Zahn has been managing the production/development section since 1st September. Previously this post was occupied by Helmut Rauscher.

ABN Braun from Neuenstadt, which has belonged, of course, to Schneider Electric since April 2017, has carried out an internal change in its management board. Burkhard Zahn has been managing the production/development section since 1st September. Previously this post was occupied by Helmut Rauscher.

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In the 3rd quarter 2017 Schneider Electric achieved a turnover of EUR 5,904 m, which is a slight drop of 1.85% compared to the same period last year.

In the 3rd quarter 2017 Schneider Electric achieved a turnover of EUR 5,904 m, which is a slight drop of 1.85% compared to the same period last year.

In Western Europe EUR 1,582 was generated (26,8% of corporate turnover), in the Asia-Pacific region EUR 1,695 m (28.7%), in North America EUR 1,588 m (26.9%), and in the rest of the world EUR 1,039 m (17.6%).

Compared to the 9 month period of last year there is an increase of 1.8% to EUR 18,077 m.

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