Edition:
India

Schneider Electric Reaffirming Medium-Term Ambition


Tuesday, 25 Jun 2019 

June 26 (Reuters) - Schneider Electric SE ::PREPARING FOR FURTHER INCREASE IN ORGANIC FINANCIAL PERFORMANCE FOR THE LONGER TERM, BEYOND THE 2021 AMBITION.REAFFIRMING MEDIUM-TERM AMBITION, WITH A PATH TO IMPROVE THE ADJUSTED EBITA MARGIN BY C. +200 BASIS POINTS BY 2021.PLAN FOR FUTURE INVESTMENTS AND ITS FINANCING DETAILED.AVEVA INTEGRATION AND JOINT GO-TO-MARKET STRATEGY ON TRACK.AMBITION FOR SOFTWARE AND SERVICES TO REPRESENT 20% OF GROUP REVENUES IN THE MEDIUMTERM.REAFFIRMS ITS TARGET FOR 2019 AND ITS THROUGH-CYCLE OBJECTIVE OF +3% TO +6% ORGANIC GROWTH IN REVENUES, ON AVERAGE.