schneider elect se-unsp adr (SBGSY) Key Developments
Rockwell Collins Teams With Schneider Electric to Introduce 4-D Flight Route Alerting for ARINCDirect Customers
Nov 16 15
Rockwell Collins' ARINCDirectSM customers can receive real-time, flight route specific weather alerts prior to departure and while enroute through a new Flight Route Alerting capability, the result of continued collaboration and integration with Schneider Electric's weather applications. The new feature allows ARINCDirect users to calculate precise flight plans up to 36 hours in advance, and continuously monitor potential routes for weather issues until they are completed or cancelled. In the case of an in-flight diversion or re-route, additional flight paths can be evaluated immediately, enabling pilots and schedulers to make better informed decisions.
Schneider Electric Appoints Herve Fages as Managing Director for MultiSight
Oct 29 15
Schneider Electric announced recently the appointment of Herve Fages as Managing Director for MultiSight - an innovative VSaaS offering designed for companies with mulitiple facilities (eg. Retail, Banking, etc.). The MultiSight offer is designed for retailers, convenience stores, restaurants and other businesses with many locations, allowing managers to stay abreast of their stores' operations - no matter where they may physically be.
Schneider Electric Reports Revenue Results for the Third Quarter and Nine Months Ended September 30, 2015; Provides Earnings Guidance for the Year 2015
Oct 29 15
Schneider Electric reported revenue results for the third quarter and nine months ended September 30, 2015. The company reported third quarter revenues of EUR 6,594 million, up 4.9% from the third quarter of 2014.
For the nine months, the company reported revenues of EUR 19,442 million, up 8.1% from the third quarter of 2014.
A moderate decline in adjusted EBITA margin versus 2014, which could be further impacted by the evolution of currencies. The company expects, at current rates, the positive FX impact on fiscal year 2015 revenues to be reduced by EUR 0.2 billion to EUR 1.8 billion on 2015 adjusted EBITA margin rate compared to a neutral impact estimated previously.
Schneider Electric Names Mauro Dellemonache as New Industry Director for Australia
Oct 26 15
Schneider Electric has named Mauro DelleMonache as their new industry director for Australia. Mauro will head Schneider Electrics automation product offer, as part of Schneider Electrics overall automation efficiency solutions. Mauro joins Schneider Electric after almost 20 years with Rockwell Automation, where he held roles across the areas of engineering, sales and marketing, including leadership positions in Canada, and more recently in Australia. His experience positions him well for this new role at Schneider Electric, which will open up new segments for him to work in.
Schneider to Invest EUR 65 Million into its Singapore Ops
Oct 17 15
SCHNEIDER Electric announced it is expanding its presence in Singapore, investing EUR 65 million (SGD 102 million) into its Singapore operations over the next five years. The EUR 65 million cumulative investment will go into developing three parts of the company's operations in Singapore. Secondly, the company will be expanding its logistics and network design team into a global supply chain network planning team, which will plan all the product and system flows across the 350 industrial and logistic sites owned by the company across the globe. Finally, the company will establish Singapore as its East Asia headquarters (excluding China), overseeing operations in Asean, South Korea, Taiwan and Mongolia under industry veteran Tommy Leong.