Schneider Electric 3Q Revenue Rose, Backs 2019 Guidance
October 24 2019 - 1:05AM
Dow Jones News
By Pietro Lombardi
Schneider Electric SE (SU.FR) said Thursday that third-quarter
revenue rose, supported by the strong performance of its energy
management division.
Revenue for the period rose 4.2% to 6.65 billion euros ($7.40
billion), the French energy-management company said. Organic growth
was 3.1%.
The company's energy-management division reported an organic
growth of 3.9%, achieving positive performance across regions. The
industrial automation business posted 0.4% organic growth.
The company backed its guidance for the year.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
October 24, 2019 01:50 ET (05:50 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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