Schneider Electric sales for the third
quarter of 2006 totaled 3,480 million ($4,373 million), up 15.3% on a current
structure and exchange rate basis from the year-earlier period. Acquisitions
(primarily Juno Lighting, BEI Technologies, Merten and Clipsal Asia) contributed
a 216 million ($271 million), or 7.1% of growth for the period.
Schneider Electric benefited from a
higher-than-expected demand in Western Europe and continued to see strong
performance in emerging countries. With an average sales increase of 17%, these
countries generated more than 50% of the Group’s organic growth during the
period.
Schneider Electric aggregate sales for the
first nine months ended Sept. 30, 2006, rose 19.6% to 10,066 million ($12,650
million), representing a 10.8% increase on a constant structure and exchange
rate basis, from the year-earlier period.
The breakdown by geographical
region:
-
Europe, sales up 8.7% in the third quarter,
up 8.6% in first nine months
North America, sales up 5.6% in third
quarter, up 8.5% in first nine months