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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Schneider Electric SE    SU   FR0000121972

SCHNEIDER ELECTRIC SE

(SU)
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Schneider Electric : has received six accolades for product design at the world-renowned iF DESIGN AWARD

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03/06/2020 | 11:18am EDT

-- Created in Germany in 1953, the annual iF DESIGN AWARD highlights innovation, aesthetics and responsibility in products and services

-- The awards for six products reflect Schneider Electric's innovation and social responsibility strategy

Schneider Electric, the leader in digital transformation of energy management and automation, has received six accolades for product design at the world-renowned iF DESIGN AWARD, which is considered the world reference for product design. The annual iF DESIGN AWARD, which began in 1953, gathers the world's foremost design experts, who evaluate products and services around five main criteria - innovation and elaboration, functionality, aesthetics, responsibility (carbon footprint, social impact etc.), and positioning. In January 2020, 78 of experts judged more than 7200 products in seven categories: product, packaging, communication, interior architecture, professional concept and service design.

Six iF DESIGN AWARDS for Schneider products

*SpaceLogic (KNX switch)

*Unica System + (nomad power strip)

*Mobiya Lite (portable solar LED lighting system)

*SM6 (medium-voltage switchgear)

*AvatarOn T (switches)

*Thorsman (work light)

Products designed to make the world a better place

"We are proud that our products have been distinguished in a competition as distinguished as the iF DESIGN AWARD," said Philippe Delorme, Schneider Electric Executive Vice-President, Energy Management. "It confirms the high product conception, design and safety qualities of our products, and reflects our desire to innovate for the good of the environment and of society."

An example of these design values is the Mobiya Lite, an off-grid rechargeable lamp with solar panel due to go on the market in mid-2020. The Mobiya Lite was designed to meet the needs of the three billion people worldwide who do not have regular access to energy. The lamp also acts as a portable battery for recharging mobile phones, has versatile mounting positions allowing it to be used effectively in most conditions, and can be safely used by children. In the same category, the Thorsman LED Work brings together robustness and lightness, as well as security for both the internal functioning of the lamp and for users. The Thorsman was distinguished with an iF gold award, given to just 75 entries.

Innovation and responsibility at the heart of Schneider Electric's strategy

To design, develop, industrialize and distribute these products, Schneider Electric employees refer to the company's Design & Ergonomics Notebook, which reflects the philosophy of Nobel Prize winning designer Simon Herbert that "design must change existing situations and transform them into preferable situations".

Accordingly, the Design & Ergonomics Notebook sets out the "nine keys" guideline for all product conception: philosophy, target, functionality, user interface, forms, architecture, materials and finishes, colors and graphics. These keys complement Schneider Electric's universal brand attributes: connectivity, sustainability (to sustain customer resources and help them lower CO2 emissions), efficiency, reliability and safety.

About Schneider Electric

Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management - Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.

#SchneiderElectric #SchneiderNews

Media Contact

Company Name: ABC Private Limited

Contact Person: Media Relations

Email: ajaysinghtanwar03@gmail.com

Phone: 8745857610

Country: India

Website: https://www.se.com/in/en/

Source: www.abnewswire.com

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials
Sales 2020 24 527 M 28 736 M 28 736 M
Net income 2020 2 007 M 2 351 M 2 351 M
Net Debt 2020 4 051 M 4 745 M 4 745 M
P/E ratio 2020 29,9x
Yield 2020 2,31%
Capitalization 58 302 M 68 446 M 68 305 M
EV / Sales 2020 2,54x
EV / Sales 2021 2,32x
Nbr of Employees 135 000
Free-Float 90,6%
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Average target price 108,37 €
Last Close Price 108,90 €
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Jean-Pascal Tricoire Chairman & Chief Executive Officer
Hilary Maxson Chief Financial Officer
Hervé Coureil Executive Vice President-Information Systems
Premraj Krishnakutty Vice President-Research & Development
Willy R. Kissling Director
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