News: Schneider Electric SE (SCHN.PA)

SCHN.PA on Paris Stock Exchange

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Thu, Feb 19 2015

UPDATE 1-Schneider eyes asset sales as route to better margins

PARIS, Feb 19 - Electricity components and energy management group Schneider Electric outlined on Thursday a five-year plan to improve its profit margins through cost-saving measures and the possible sale of non-core assets.

Schneider plans asset sales, sales grow modestly

PARIS, Feb 19 - Electricity components and energy management group Schneider Electric said it was targeting low single-digit growth in revenue for 2015 and an improvement in profit margins led by favourable currency effects and growth in North America.

BRIEF-Schneider Electric and Autodesk team up for building lifecycle management

* Schneider Electric and Autodesk Inc announce the signature of a memorandum of understanding

Schneider may cut over 130 jobs in French substation production

PARIS, Nov 28 - Electrical equipment maker Schneider Electric could cut over 130 jobs in France as it restructures its production of prefabricated power substations and shrinks the segment's staff by a third, a company spokesman told Reuters.

European shares hold on to small gains ahead of Fed announcement

* FTSEurofirst 300 up 0.3 pct * Fugro tumbles 26 pct after cancelling payout * Total and Schneider up after results By Francesco Canepa LONDON, Oct 29 - European stocks held on to small gains on Wednesday, as optimism ahead of a U.S. Federal Reserve policy announcement outweighed further gloom for the oil exploration industry. Dutch marine services group Fugro sank 26 percent after it warned it would not pay a dividend for 2014 due to deteriorating markets and pri

European shares hold on to small gains ahead of Fed announcement

* FTSEurofirst 300 up 0.3 pct * Fugro tumbles 22 pct after cancelling payout * Total, Schneider up after results By Francesco Canepa LONDON, Oct 29 - European stocks held on to small gains on Wednesday despite disappointing results from Dutch marine services group Fugro, among other firms, partly offsetting optimism ahead of a U.S. Federal Reserve policy announcement. Fugro sank 22 percent after it warned that it will not pay a dividend for 2014 due to deteriorati

Schneider confirms 2014 forecasts after sales stabilize in Europe

PARIS - France's Schneider Electric stuck to its full-year forecasts on Wednesday after reporting a 7 percent rise in third-quarter sales and said Western Europe showed long-awaited but fragile signs of stabilization.

REFILE-Schneider confirms 2014 forecasts after sales stabilise in Europe

PARIS, Oct 29 - France's Schneider Electric stuck to its full-year forecasts on Wednesday after reporting a 7 percent rise in third-quarter sales and said Western Europe showed long-awaited but fragile signs of stabilisation.

Deals of the day- Mergers and acquisitions

(Adds Hochtief, Celulosa Arauco y Constitucion, Schneider Electric, Burton's Biscuits, Adama, CIC, Telecom Italia and Enterprise Products)

Schneider closes sale of sensors business

PARIS, Oct 1 - Schneider electric said on Wednesday it had finalised the sale of its sensors business to private equity firms The Carlyle Group and PAI Partners.

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