Schneider Electric SE is a French based multinational company focusing on electric equipment manufacturing. Schneider Electric offers integrated power efficient solutions for energy and infrastructure fields, as well as for industrial facilities, house and building construction, and data centers.
The company is included into the Fortune Global 500 list, is publicly traded in the Euronext stock exchange, and forms a part of the Euro Stoxx 50 index. Schneider Electric owns 20,000 patents that are valid or applied throughout the world. 5% of the company's yearly revenue is invested into research and development.
In 2018 and 2019, Fortune named Schneider Electric one of the most popular companies across the globe.
In 2019, the company earned €27.16B against €25.72B in 2018, which means the revenue went up by 5.60%. The sales, disregarding the currency rate fluctuations, soared by 4.20%, while the net profit amounted in 2019 to €2.41B against €2.33B a year before.
In 2019, Schneider Electric product sales rose by 3% because of high demand for house-based solutions, as well as thanks to the tech development for commercial and industrial buildings.
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