The 2020 Mid-Year Economic Update_long

Schneider Electric 2007 Organic Growth at 13.9%

French-based Schneider Electric saw sales rise 26.1% in 2007 to €17,309 million (US$25,298 million), double the Group's sales in 2003. Organic growth was 13.9%.
 
In the fourth quarter 2007, sales were up 25.2%.
 
In Europe, sales were up 12% for the year, in North America sales were up 13.1%, Asia-Pacific up 16% and the Rest of the World up 23.3%.
 
Operations in North America had sales growth of 14.3% in the fourth quarter. According to Schneider, this reflects the Group's repositioning in certain market segments including data centers, water treatment, hospitals and power supply, the high demand for energy efficiency solutions and the significant volume of project orders in previous quarters.
 
In Europe sales in the fourth quarter were ...

French-based Schneider Electric saw sales rise 26.1% in 2007 to €17,309 million (US$25,298 million), double the Group’s sales in 2003. Organic growth was 13.9%.
 
In the fourth quarter 2007, sales were up 25.2%.
 
In Europe, sales were up 12% for the year, in North America sales were up 13.1%, Asia-Pacific up 16% and the Rest of the World up 23.3%.
 
Operations in North America had sales growth of 14.3% in the fourth quarter. According to Schneider, this reflects the Group’s repositioning in certain market segments including data centers, water treatment, hospitals and power supply, the high demand for energy efficiency solutions and the significant volume of project orders in previous quarters.
 
In Europe sales in the fourth quarter were up 11.1%, due to the development of new services and energy efficiency businesses. Demand was strongest in the energy &infrastructure and tertiary buildings markets, lifting sales in Eastern Europe by nearly 30%.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.