The hottest Schneider released its 2016 annual fin

Schneider released its 2016 full year financial report, with a year-on-year increase of 24%

on February 16, Schneider Electric released its fourth quarter and full year financial report (as of December 31, 2016). It shows that the group's revenue in fiscal 2016 decreased by 7.3% to 24.693 billion euros, while the net profit increased to 1.75 billion euros from 1.407 billion euros last year, an increase of 24% year-on-year. The growth data of revenue and net profit in 2015 were 6.8% and -28% respectively

from the perspective of regional distribution, Schneider Electric's business developed evenly in all regions of the world in 2016: 27% in Western Europe, 27% in Asia Pacific, 28% in North America and 18% in other regions

2016 is also a year that may have an impact on the final test results. The biggest contribution to Schneider Electric's performance still comes from the building cooperation business. However, compared with the strong performance in 2015, this business has the largest decline in revenue this year. Excluding the impact of mergers and acquisitions and asset divestitures of Delixi and Juno lighting, the organic growth is still the best

in the industrial business sector, due to the continued weakness in the oil and gas sector and the moderate performance of the United States and China, it is not optimistic. Surprisingly, in the fourth quarter, "Marbach said that China's OEM business increased significantly (higher than the median) in the quarter. Coupled with orders from process automation, industrial business rebounded in 2016

Jean pascaltricoire, chairman and CEO of Schneider Electric Group, said: in 2016, we achieved major financial goals and achieved relatively good potential growth. Adjusted EBITDA increased by 90 basis points. In 2017, we will focus on strengthening partner networks, service and software development, improving profit margins through project selection, and cost control. In addition, we are pleased to see the potential of ecostruxure architecture in the fields of buildings, power, data centers, equipment, factories and electricity, as well as the greater value provided by this innovative customer

in 2017, Schneider Electric expressed its hope to have a more positive development momentum in the main terminal markets. In the North American market, the industrial sector maintained steady growth, while the housing market continued to grow. In the Western European market, due to the depreciation of the euro, low oil prices, especially the increase of lithium hexafluorophosphate and diaphragm capacity, and the impact of brexit, the group aims to achieve steady growth. In the Chinese market, fatigue will increase, causing damage to objects, and the industrial and infrastructure sectors will improve. Due to policy tightening, the growth of the construction market is expected to be relatively slow. In 2017, the biggest challenge Schneider Electric Group faces may come from the downturn in the oil and gas sector and the weakness of some resource driven economies