Schneider Electric: aims to increase margin by 2021

(CercleFinance.com) - Organising a CMD this Wednesday, Schneider Electric reiterates its medium-term aims, and its strategy to achieve an improvement of about +200 basis points in its adjusted EBITA margin by 2021, which it says is a stage in the group's ambitions.


Over the long term, beyond the 2021 ambition, the energy management solutions group is laying the foundations for a further organic increase in financial performance with a detailed plan for future investments and their financing.

Schneider Electric also claims good progress in integrating Aveva and the common commercial strategy. The group also aims to bring software and services in the medium term to 20% of its total turnover.


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