Schneider: confirms targets for 2017.

(CercleFinance.com) - Schneider Electric has reported sales of 5,840 million euros for Q1 of FY 2017, up 3.
1% in organic terms.

The Building business (44% of Q1 sales) posted organic growth of +3.8%. Management said that over the quarter, the Group focused on its strategic initiatives involving the development of its differentiated and innovative offerings through its broad network of partners.

The IT business (14% of Q1 sales) reported 4.6% organic growth; all regions were up and new economies recorded strong growth.


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