The Wall Street Journal-20080123-Schneider Electric SA- Europe- U-S- Sales Rise Amid Strong Growth
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Schneider Electric SA: Europe, U.S. Sales Rise Amid Strong Growth
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French industrial electrical-equipment maker Schneider Electric SA said fourth-quarter revenue jumped 25%, thanks in part to strong growth in Europe and North America as well as acquisitions. Sales rose to EUR4.59 billion ($6.71 billion) from EUR3.66 billion a year earlier. European sales rose 11%. Demand in energy and infrastructure boosted sales in Eastern Europe almost 30%. North American sales grew 14% to EUR1.2 billion.
