Schneider Electric

News aus der Elektroindustrie

Schneider Electric, the energy efficiency and digitization specialist is wooing young professionals and breaking new ground in making workplaces more flexible....

Schneider Electric, the energy efficiency and digitization specialist is wooing young professionals and breaking new ground in making workplaces more flexible.

The French technology giant is bringing its brand even more to the fore and is now increasingly promoting students and young professionals in Germany, Austria and Switzerland. The Düsseldorf recruitment agency YeaHR! was asked and they developed from the brand 'Life is on', a campaign called ‘voll-im-modus.de’ in an unusual way, which was started in mid-February. Using five examples, it shows the development opportunities that exist at Schneider, from environmentally conscious employees to part-time studies and boss fashion. It is already being considered to expand the model.

But there is also talk about money and the advantages one has at SE. Among other things, there are 5 days of paid care leave for relatives in need of care or 5 days per year for recognized charitable purposes or flexible workplaces that can be used at all office locations. This last point in particular brings us to a new model that Schneider Electric has launched in the USA, namely job flexibility.

Schneider Electric recently joined forces in the United States with Upflex, one of the world's largest office space providers. Upflex is represented at 5,500 locations in 75 countries and in 1,600 cities. Thanks to this collaboration, more than 10,000 Schneider employees in the US can go “to the office” and have a safe workplace where all health and safety aspects are taken into account. For SE it has the advantage that the workplace can be flexibly adapted to the needs, whether for a single office or a meeting room, for longer or shorter periods, so Schneider Electric has the costs under control at all times. Of course, it is also particularly suitable for business travelers, as this gives them a connection to the headquarters. For Schneider, in addition to the cost aspect, the flexibility and the options were decisive.

Because of the corona pandemic, thousands of employees all over the world have been sent to the "home office" since last year. The first negative reactions to it have largely been refuted by practice and it is already predicted that the hybrid model of working in the office and at home or in an outside office, as indicated, will prevail in the long term.

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16
Feb

The company had sales of EUR 25,159 million in 2020, and EUR 27,158 million in 2019, a decrease of 7.4%....

The company had sales of EUR 25,159 million in 2020, and EUR 27,158 million in 2019, a decrease of 7.4%.

EBIT in 2019 was EUR 3,399 m; in 2020 it was EUR 3,088 m, the net income fell from EUR 2,413 to 2,126 million, minus 11.9%.

As for all companies, the whole year was very demanding, with SE having a strong finish in the second half of the year.

It was also a year in which Schneider Electric repositioned itself in order to further prepare itself for the future, around the globe. The year 2020 laid the foundation stone for further acquisitions in 2021 in order to better support the needs of their customers with digital solutions for more efficiency and sustainability.

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Emmanuel Babeau, worked for Schneider Electric for 11 years as Chief Financial Officer and Deputy Managing Director...

Emmanuel Babeau, worked for Schneider Electric for 11 years as Chief Financial Officer and Deputy Managing Director.  Babeau will leave the company at the end of April and Schneider Electric is taking the opportunity to thoroughly restructure its management team.

Schneider Electric will move to a flatter Executive Committee structure to accelerate its strategic and digital transformation.

There will be three new members at the top level of the Executive Committee:

Hilary Maxson will be appointed Chief Financial Officer after this year's Annual General Meeting on April 23. Hilary Maxson joined Schneider Electric three years ago and is currently the CFO of the energy management business. She has a solid background in finance, having worked in the US, South America, Africa and Asia.

Charise Le is appointed Head of Human Resources effective April 1. She has held various positions within the company over the last 15 years, most recently in a senior management role in the Asia Pacific region.

Peter Weckesser will join Schneider Electric as the new Head of Digital Services from Airbus with effect from June 1. Before that he was employed in an executive position at Siemens.

In addition, there will be two internal changes:

Oliver Blum, who has been with Schneider Electric for 27 years, has held many important positions in his career, such as Managing Director of the Indian company; he is currently Chief Human Resources Officer and is to take over the major department of Strategy, Sustainability and Quality Management on April 1. He will also be responsible for all acquisitions and mergers worldwide.

Herve Coureil, who has also been with Schneider Electric for 27 years, will be appointed Secretary General and Chief Governance Officer after this year's Annual General Meeting on April 23rd. He will be responsible for coordinating the strategic implementation between the Board of Directors, management and the operational level.

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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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