RUEIL-MALMAISON (dpa-AFX) - Schneider Electric (SBGSF.PK) reported first half net income (Group share) of 719 million euros compared to 821 million euros, a year ago. Adjusted net income increased to 912 million euros from 879 million euros.
EBITA was 1.37 billion euros compared to 1.38 billion euros, prior year. Adjusted EBITA increased to 1.60 billion euros from 1.50 billion euros.
Revenues were up 9.8% to 12.85 billion euros from 11.70 billion euros.
For 2015, the Group now targets: around flat organic growth in revenues, and a significant growth in adjusted EBITA at current FX rates, and a stable to moderate decline in adjusted EBITA margin versus 2014.
Copyright RTT News/dpa-AFX