Schneider Electric Annual Profit Rises - Quick Facts

(RTTNews.com) - France'sSchneider Electric S.A. (SBGSF.PK), a global specialist in energy management, announced its fourth-quarter sales and full-year 2012 results.

For the fourth quarter of 2012, sales reached 6.44 billion euros, up 2% on a current structure and exchange rate basis and down 1.2% on comparable basis.

During 2012, the Group share in reported net income reached 1.84 billion euros, a 3% increase from last year's 1.79 billion euros. The net income adjusted for non-recurring impairment charge rose 12% year-on-year to 2.02 billion euros, from 1.81 billion euros, resulting in earnings per share of 3.73 euros on an adjusted basis, up 11% over 2011.

Sales for the year advanced 7% to 23.95 billion euros, from 22.345 billion euros a year before.

For 2013, the Group targets a low-single digit organic growth in sales and a stable to slightly up adjusted EBITA margin.

For comments and feedback: contact editorial@rttnews.com

http://www.rttnews.com