Schneider Electric Se · EURONEXT:SU
Schneider Electric — Q1 2016 Earnings Presentation
22 slides from Schneider Electric's earnings presentation, Apr 21, 2016
Slide 1: First Quarter 2016 Revenues
First Quarter 2016 Revenues April 21, 2016
Slide 2: Disclaimer
Disclaimer All forward-looking statements are Schneider Electric management’s present expectations of future events and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For a detailed des
Slide 3: Agenda
4 Q1 performance highlights 7 Q1 performance by business 13 Q1 performance by region 15 Full year 2016 Targets 17 Appendices Schneider Electric – Investor Relations – 2016 Q1 Revenues Page 3
Slide 4: Q1 performance highlights
Q1 performance highlights Schneider Electric – Investor Relations – 2016 Q1 Revenues Page 4
Slide 5: Products, Software & Services grew about +2% org., driving Q1 Group revenues up +0.1%
Products, Software & Services grew about +2% org., driving Q1 Group revenues up +0.1% org. in a mixed environment Continued growth in Buildings & Partner, IT up and Industry down in weak markets ● Buildings & Partner was up driven by the Retail business which grew across all regions ● In difficult m
Slide 6: This quarter, our Planet & Society barometer reaches 6.70/10
This quarter, our Planet & Society barometer reaches 6.70/10 Selected Indicators & Objectives Q4 2015 Q1 2016 Barometer’s score end of Q1: Planet 6.70/10 1st quarter 2016 10 ● 10% CO2 savings from transportation 8.4% 8.4% 8 Target 2017 8 ● 100% of products in R&D designed with Schneider ecoDesign Wa
Slide 7: Q1 performance by business
Q1 performance by business Schneider Electric – Investor Relations – 2016 Q1 Revenues Page 7
Slide 8: Q1 revenues up +0.1% organically, driven by Buildings & Partner and IT
Q1 revenues up +0.1% organically, driven by Buildings & Partner and IT Analysis of change in Group revenues (€m) Buildings & Partner Industry IT Scope Infrastructure +1.4% -2.6% +0.7% -1.4% 5,996 -0.1% Fx -2.4% Organic 5,773 +0.1% -3.7% Q1 2015 Q1 2016 > Based on current rates, the negative FX impac
Slide 9: Buildings & Partner was up driven by the Retail business which grew across all regions
Buildings & Partner was up driven by the Retail business which grew across all regions Analysis of change in Q1 Revenues (€m) North America was up thanks to strong growth in Mexico and the U.S. The U.S. performance was driven by new Organic Scope offer launches in a favorable construction market +
Slide 10: In difficult markets, Industry declined at a slower pace thanks to growth in Software and Process Automation
In difficult markets, Industry declined at a slower pace thanks to growth in Software and Process Automation Analysis of change in Q1 Revenues (€m) The U.S. continued to be impacted by lower O&G investment and the focus remains on leveraging Organic channels and new offer launches 1,371 -2.6% Scop
Slide 11: Infrastructure was flat thanks to Western Europe, while higher project selectivity started to impact growth
Infrastructure was flat thanks to Western Europe, while higher project selectivity started to impact growth Analysis of change in Q1 Revenues (€m) The impact of increased project selectivity was estimated to be around €20-30m. Organic Scope Western Europe grew strongly. France, U.K. and 1,149 -0
Slide 12: IT was up, as growth in North America more than offset the weakness in Western Europe
IT was up, as growth in North America more than offset the weakness in Western Europe Analysis of change in Q1 Revenues (€m) The U.S. was up thanks to a favorable baseline. Organic Scope Fx Additionally there were signs of improvement in some +0.7% 0.0% -0.8% data center segments 774 775 -0.1% W
Slide 13: Q1 performance by region
Q1 performance by region Schneider Electric – Investor Relations – 2016 Q1 Revenues Page 13
Slide 14: North America & Western Europe grew, China declined at a slower pace, Rest of the World was mixed
North America & Western Europe grew, China declined at a slower pace, Rest of the World was mixed Comments based on Q1 2016 organic growth % % of Group revenues in Q1 +x% Organic growth in Q1 +x% Total growth in Q1 North America: The U.S. was up thanks to strong growth in Western Europe: Italy c
Slide 15: Full year 2016 Targets
Full year 2016 Targets Schneider Electric – Investor Relations – 2016 Q1 Revenues Page 15
Slide 16: 2016 targets confirmed
2016 targets confirmed As expected, the Group observed growth in Western Europe and in the construction market in the U.S., continued weakness in O&G and its related segments, and a mixed picture in new economies outside China. China declined at a slower pace with early signs of improvement in tier
Slide 17: Appendices
Appendices Schneider Electric – Investor Relations – 2016 Q1 Revenues Page 17
Slide 18: Definitions
Definitions ● EBITA: EBIT before amortization and impairment of purchase accounting intangibles and impairment of goodwill ● Adjusted EBITA: EBITA before restructuring and other operating income and expenses Schneider Electric – Investor Relations – 2016 Q1 Revenues Page 18
Slide 19: Q1 2016 revenues performance
Q1 2016 revenues performance €m Q1 2015 Q1 2016 Organic Scope FX Reported Buildings & Partner 2,701 2,615 +1.4% -2.0% -2.6% -3.2% Industry 1,371 1,301 -2.6% -0.4% -2.1% -5.1% Infrastructure 1,149 1,083 -0.1% -2.3% -3.3% -5.7% IT 775 774 +0.7% 0.0% -0.8% -0.1% Group 5,996 5,773 +0.1% -1.4% -2.4% -3.7
Slide 20: The Planet & Society barometer
The Planet & Society barometer Our 2015-2017 detailed sustainability scorecard, as of Q1 2016 Planet & Society barometer Start Results Results Target (objectives for 2017) 01/2015 Q4 2015 Q1 2016 12/2017 Overall score (out of10) 3.00 6.33 6.70 8/10 10% energy savings - 4.5% 4.5% 10% 10% CO2 savings
Slide 21: Contacts & agenda
Contacts & agenda Anthony Song – Head of Investor Relations Tel: +33-1-41-29-83-29 anthony.song@schneider-electric.com Alexis Denaud – Senior Investor Relations Manager Tel: +33-1-41-29-51-24 alexis.denaud@schneider-electric.com April 25, 2016 Annual Shareholder Meeting July 28, 2016 Half-year Resul
Slide 22: Life Is On | Schneider Electric
Lifels On | Schneider GeElectric