Full Year 2015 Results - Schneider Electric year 2015 performance highlights4 19 Full year 2015 finance presentation Full year 2015 performance highlights Confidential Property of

February 17, 2016

Full Year 2015 Results

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 description of these factors and uncertainties, please refer to the section “Risk

Factors” in our Annual Registration Document (which is available on www.schneider-electric.com). Schneider Electric

undertakes no obligation to publicly update or revise any of these forward-looking statements.

This presentation includes information pertaining to our markets and our competitive positions therein. Such information is

based on market data and our actual revenues in those markets for the relevant periods. We obtained this market

information from various third party sources (industry publications, surveys and forecasts) and our own internal estimates.

We have not independently verified these third party sources and cannot guarantee their accuracy or completeness and our

internal surveys and estimates have not been verified by independent experts or other independent sources.

Page 2 Schneider Electric – Investor Relations

30 Full year 2016 targets

32 Appendices


Full year 2015 performance highlights 4

Full year 2015 finance presentation 19

Full year 2015 performance highlights

Page 4 Confidential Property of Schneider Electric |

Schneider Electric 2015 highlights

Balanced geographies – FY 2015 revenues

€26.6 billion FY 2015 revenues

43% of FY revenues as

Solutions

c.5% of FY revenues

devoted to R&D

43% of FY revenues in

new economies

Four integrated and synergetic businesses – FY 2015 revenues

27% North

America

18% Rest of

the World

26% Western

Europe

29% Asia-

Pacific

45% 21% 20% 14%

Industry Buildings & Partner Infrastructure IT


This quarter, our Planet & Society barometer reaches 6.33/10

Barometer’s score end of Q4: This year, Schneider Electric was awarded by:

2

0

2017

8

6

4

10

2016Q1 Q3 Q4

2015Q1Q2 Q2 Q3 Q1 Q2 Q3 Q4Q4

8

4.5

6

4th quarter 2015

Target 2017

6.33/10


• Industry Leader in DJSI for the 3rd

consecutive year and “Industry Mover”

• Climate Leadership by CDP Highest

rating of 100 out of 100 and member of the

‘Climate A list’ for the 5th consecutive year

• Ethisphere, world's most ethical

companies listed for the 5th consecutive

year

• 12th most sustainable company in the

world in Global 100 most sustainable

corporations

• Most sustainable company of CAC40 for the 2nd consecutive year by Enjeux Les

Echos and Institut RSE

See details in Page 34

Record results thanks to quick adaptation in a challenging

environment and balanced exposure to end-markets & regions

Record revenues, org. growth impacted by China, O&G, Invensys one-offs

Buildings & Partner and IT delivered solid results, Industry is on trajectory

to recover margin and Infrastructure is turning the corner

Western Europe resumed growth, New Economies outside China were up,

as well as U.S construction markets

Growth in service and Industrial software

Record high Adj. EBITA

At constant FX, FY Adj. EBITA margin about stable and up ~50bps in H2

thanks to accelerated SFC reduction

FY revenues €26.6bn, up +6.8%

organically -1%, ~flat underlying1

Adj. EBITA €3.6bn, up +5%, Margin 13.7%, ~stable excl. FX

Successful Invensys integration

Solid start of Schneider is On

Invensys margin slightly up

~€0.7bn gross SFC & industrial savings

Project margin improvement in H2

Strong growth in adjusted earnings per share (Adj. EPS)2

Another year with record high Free Cash Flow

Increased shareholder return

Adj.EPS up +6% / Free cash flow +20%

Proposed dividend up +4%

Target €1.5bn buyback in 2015-2016

1: Adjusted for negative impacts from change of fiscal year closing in Invensys and ramping down China nuclear project, the estimated full year impact is about €40m and €66m respectively

2: See slide 25 for detailed calculation


H2 organic growth was in line with H1 despite deteriorated

markets, notably in O&G and China

FY 2015 organic growth, %

Group: -1% org,

~ flat underlying1

Organic growth, %


-0.9

0.30.4

IT Infrastructure Industry

-4.9

~ -1.9

~ -3.0

Buildings

& Partner

Excl. Invensys closing

impact and China

nuclear ramp-down

1: Adjusted for negative impacts from change of fiscal year closing in Invensys and ramping down

China nuclear project, the estimated full year impact is about €40m and €66m respectively

Group

-1.1 -0.9

IT

-2.1

0.5

Infrastructure

0.0 0.7

Industry

-4.5 -5.3

Buildings

& Partner

0.4 0.4

H2 2015

H1 2015

Reflecting higher

project selectivity

Impacted by high

comparison base

in Q4

Both revenues and margin were up in Buildings and Partner,

strengthening its worldwide leadership position


Organic growth

+0.4%

Adj EBITA margin

18.0%

Performance in 2015

€12bn 45% of Group 2015 revenues

Low voltage & Building Automation

#1

worldwide

Performance highlights

Growth across all regions except Asia Pacific, up ~2%

outside China

Retail showed robust growth, up low single-digit while

project business was impacted by softer activity in selected

end-markets

Margin expansion as a result of new product launches,

digitization and efficiency gains

Execution priorities

Continue to drive retail in all the regions

Maximize all businesses through partners

Continue to grow through new product launches and digital

transformation

Attention to cost and pricing

IT enhanced its competitiveness and maintained high

performance level in a volatile market


Organic growth

-0.9%

Adj EBITA margin

17.6%

Performance in 2015

€3.7bn 14% of Group 2015 revenues

Critical Power, Cooling & Services

#1

worldwide


Growth in Western Europe thanks to positive IT investment,

while China & Russia were weak, and U.S. was soft

Services performed well

Margin remains at high level thanks to good SFC control


Drive product business through channel expansion and

new offers

Leverage total Group portfolio and develop integrated

offers for datacenter

Keep services growth momentum

Continue cost discipline

Infrastructure is turning the corner with Adj. EBITA margin up

+50bps, targeting double-digits margin by 2016


Organic growth

+0.3%

Adj EBITA margin

9.1%

Performance in 2015


Medium voltage & grid automation

#1

worldwide


Strong growth on service and product business resumed

growth in H2

All the regions were up except Asia Pacific

Good control of cost and project margin improved in H2

Target to reach double-digits adj. EBITA margin by 2016


Grow in products and services, while highly selective on

projects

Consistent project execution program

Strong control on SFC and further optimize industrial

footprint

Despite headwinds from O&G & China, Industry executed

Invensys integration well and is on track for margin recovery


Organic growth Reported / Underlying1

-4.9% / ~ -3%

Adj EBITA margin

17.1%

Performance in 2015


#2

Worldwide

Discrete #4

Worldwide

Process


Org. Growth impacted by Invensys China nuclear ramp

down and change of fiscal YE closing. Underlying1 growth is

c. -3% for Industry & down mid-single digit for Invensys

Margin slightly up in H2: solid execution and cost control

Strong focus on reacting to headwinds from O&G, China

Growth in Western Europe and Rest of the World

OEM solution up thanks to innovation & channel initiatives


Boost product business by new offer launch & cross selling

Accelerate OEM and software through new applications

Reposition end user exposure and focus on growing

strategic accounts

Continuous control of SFC 1: Adjusted for negative impacts from change of fiscal year closing in

Invensys and ramping down China nuclear project, the estimated full

year impact is about €40m and €66m respectively

Successful Invensys integration shows our strong capability in

driving value creation through acquisition


Strengthen software capability

Boost positions in key electro-intensive segments

Reinforce industrial automation capabilities

Oil &Gas

Provide pipeline management solution for a

leading oil & gas player thanks to enlarged

offer and enhanced service capability

Implement energy management system in

multiple sites for government customer

thanks to Wonderware software capabilities

Facility upgrade project for major water

treatment customer using Foxboro state-of-

the-art technology and best-of-breed Water and Waste

Water

Buildings

Sound financial performance in 2015 High quality of assets fulfilling strategic intents

Underlying1 revenue down mid-single digit

Adj. EBITA Margin slightly up despite increased R&D

Synergies execution on track, Strong contribution to Group

~€55m cost synergies delivered (~€130m in 2 years)

Revenues synergies delivered on target in 2015

~€300m tax synergies achieved in 2 years

~€70m integration costs (~€150m in 2 years as announced)

Field devices down ~20% in FY

Software stable in H2. Orders up strongly in FY

Services around flat in FY, with strong growth in H2

1: Adjusted for negative impacts from change of fiscal year closing in Invensys and ramping

down China nuclear project, the estimated full year impact is about €40m and €66m

respectively

Positive: positive mix, software gross margin expansion,

good control of administrative cost and cost synergies

Negative: ~€40m increase in R&D cost and lower volume

Western Europe resumed growth and New Economies outside

China continued to grow


Western Europe organic growth, %

1

-2

2015 2014

New economies outside China organic growth , %

4

2

2015 2014

France up driven by solid execution in a difficult market

Growth in Italy, Spain and U.K.

Focus on project selectivity and recovery of Industry in

Germany

Growth in India, Mexico and Africa

Middle East benefited from solid project execution

Adapting operations to weakness in Russia and Brazil

+3% organically

in Q4

Our growth initiatives were well executed, achieving good

results in a difficult market


Organic industrial software order growth

Organic revenues growth, %

-1

7

Group Service

Wonderware performed well thanks to diversified exposure

Scim Sci benefited from strategic accounts approach

Strong growth in O&G pipeline management

Growth across all the businesses

Strong field service growth thanks to increased

tracking of installed base and geography expansion

+6%

Strong attention to our cost base to continuously improve

operational efficiency


Industrial productivity, m€

359356

2015 2014

Support function cost to revenues ratio, %

-0.5 pt 23.3

2015 2014

23.8

c. €300m gross

SFC savings

We launch highly differentiated offers to strengthen our

technology leadership and our network of partners


Easergy T300

RTU compatible with all

standards and configurable

to customer needs

Altivar Process

Digital service oriented

drive to reduce OPEX in

installations

Back-UPS Connect BGE50ML

Mobile power pack UPS

to protect and power-up home

networking equipment

Resource Advisor software

provides Energy consumption

insight to reduce building

operating cost

Triconex

Highly integrated safety

system for critical

control applications

SAFE RELIABLE EFFICIENT CONNECTED SUSTAINABLE

Smart Panel

Fully connected distribution

panel including Energy &

Maintenance management

Conext SW

Solar hybrid inverter for off-

grid, backup power and self-

consumption

Ecoblade

Smart & scalable

energy storage

system for all

customers needs Foxboro S Series DP

Its unique turndown

capability allows to handle

applications normally

requiring multiple

transmitters

Wiser Air empowers home

owners and utilities to drive

energy efficiency

http://www.youtube.com/v/UESyLpNxNj8?modestbranding=1&autoplay=1&hd=1&showsearch=0&rel=0

Solid start of Schneider is On as all initiatives delivered good

results

INITIATIVES PROGRESS UPDATE in FY 2015

> Growth in service, software and products

> Drive cross selling for higher share of wallets

> Constant project execution

> Services revenues up ~+7% org,

> Industrial software orders +6% org

> Increased project hit rate & Gross Margin at booking,

reduced margin deviation

DO MORE

> Develop Connected offers

> Digital customer experience

> Number of connected assets up +45% DIGITIZE

> Growth by innovation

> A partner & investment of choice in

sustainability

> New offer launches aligned with our value proposition

> Planet & Society barometer reached 6.33/10

INNOVATE

SIMPLIFY > Deliver industrial productivity of ~€1bn by 2017

> Reduce gross SFC by €0.4-0.5bn by 2017

> €0.36bn industrial productivity achieved

> ~€0.3bn savings delivered, target upgraded


Full year 2015 finance presentation


Revenues up 6.8% in 2015, reaching record high of €26.6bn.

Underlying organic growth is about flat

Analysis of change in Group revenues (in €m)

> Based on current rates, the negative FX impact on FY 2016 revenues is estimated to be ~ -€1.0bn. This is

mainly due to the decline of several new economies’ currencies against euro since summer 2015 and the

decline accelerated in the end of 2015.

26,640 +6.8%

2015

Fx

+7.8%

Scope

+0%

Rest of World

+5% North America

-2 %

Asia-Pacific

-5%

Western Europe

+1%

2014

24,939

Group: -1% org, ~flat underlying1


1: Adjusted for negative impacts from change of fiscal year closing in Invensys and ramping down China nuclear project, the estimated full year

impact is about €40m and €66m respectively

+2% outside

China

Positive net pricing and strong productivity partially offset

negative mix, higher R&D depreciation and cost inflation

Gross margin: analysis of change (%)

2015 GM

37.0

FX

-0.4

Prod. Labor

infl. & others

-0.5

1.3

Productivity

-1.3

Mix

-0.3

R&D cost

in COGS

Net price

0.5

Volume

0.0

2014 GM

37.7

• -0.7pt : Large project pricing

(impacted by competitive

pressure & investment for

future services) and a few

project one-offs. H2 showed

improvement at -0.6pt vs.

-1pt in H1.

• -0.6 pt : geography,

business & product /

solution mix

New product

launches drove up

R&D depreciation

• Raw material tailwind of

€182m more than offset price

decline of €93m, mainly due

to China. Pricing positive

outside China

• In China, strong efficiency

gains offset negative price


Organically, Adj. EBITA margin ~stable, up c.50bps in H2 thanks

to accelerated SFC1 control and robust industrial productivity

In €m H2 2014 H2 2015 Reported Change

FY 2014 FY 2015 Reported Change

Revenues 13,239 13,792 +4.2% 24,939 26,640 +6.8%

Gross Profit 4,950 5,093 +2.9% 9,407 9,845 +4.7%

Support function

costs (2,991) (3,053) +2.1% (5,944) (6,204) +4.4%

Adjusted EBITA 1,959 2,040 +4.1% 3,463 3,641 +5.1%

Margin % 14.8% 14.8% stable 13.9% 13.7% -20 bps

Margin organic development 14.8% 15.3% ~ +50 bps 13.9% 13.8% ~stable

• 2.4 points growth rate

difference between revenues

and SFC (organic reduction of

c.-2.7% in 2015)

• SFC organic reduction in H2

accelerated reaching c.

€0.3bn gross SFC savings in

2015

• Target upgraded to around

€0.6bn gross SFC savings

by 2017


1: Support function cost

3 businesses showed margin improvement in H2, with Industry

recovering strongly from H1

1: Before corporate costs of €300m in 2015 (€279m in 2014)

+0.2 pt, slightly up thanks

to better support function

cost control

+0.5 pt, benefiting from project

gross margin improvement in

H2 and a good SFC control

-1.2 pt down, penalized

by negative mix and FX

transaction impact

IT 17.6

18.8

Infrastructure 9.1

8.6

Industry 17.1

18.4

Buildings &

Partner 18.0

17.8

FY 2014 FY 2015

Slightly up in H2, FY -1.3 pt,

penalized by volume decline,

negative FX and higher R&D

amortization costs.

FY Adjusted EBITA margin (%) by business2


H2 Adjusted EBITA margin (%) by business1

Buildings &

Partner

18.6

18.1

18.0

IT 19.0

20.4

11.6

18.7

Infrastructure 11.1

Industry

H2 2014 H2 2015

2: Before corporate costs of €605m in 2015 (€557m in 2014)

Adj. EBITA up 5%, but EBITA impacted by divestments and

higher restructuring charge as expected

In €m FY2014 FY2015 y-o-y

Change

Adjusted EBITA 3,463 3,641 +5.1%

Other income and expenses (106) (522)

- of which losses on business disposals (1) (324)

- of which acquisitions & integration costs (114) (118)

Restructuring (202) (318)

EBITA 3,155 2,801 -11%

Mainly due to disposal of non-

core businesses Juno,

Telvent Global Services &

Transportation


Restructuring costs expected

to be in high-end of €700-

€900m in 2015-2017 to drive

efficiency initiatives.

Adjusted for exceptional items, net income and earnings per

share up +6%

In €m FY2014 FY2015 y-o-y Change

EBITA 3,155 2,801 -11%

Amortization & impairment of purchase accounting intangibles (259) (572)

Cost of net debt (467) (446)

Income tax (551) (389)

Share of profit on associates & Discontinued ops 183 109

Minority interests (120) (96)

Net income (group share) 1,941 1,407 -28%

Invensys integration cost post-tax1 63 57

Impact of business disposals (in OOIE, share of

profit on associates & discontinued ops) (152) 226

Impairment on Pelco net of tax 180

Restructuring charges post-tax1 156 249

Adjusted Net income 2,008 2,119 +6%

Adjusted EPS (€) 3.51 3.73 +6%

Normalized tax rate2 at

c.21%, benefiting from

Invensys.


Adjustment for Juno,

Telvent Transportation &

Global services and CST

1: Calculated post-tax at the year effective tax rate (ETR).

c.€300m impairment

related to Pelco

cost of debt (net)

decreased by c. -€17m

2: Tax rate adjusted for impacts from business disposals and Pelco

impairment

Free cash flow +20% thanks to better working capital

management

Strong control

over payables and

receivables

Analysis of debt change in €m FY2014 FY2015

Net debt at opening Dec 31 (3,326) (5,022)

Operating cash flow 2,640 2,715

Capital expenditure – net (829) (787)

Change in trade working capital (162) 91

Change in non-trade working capital 55 26

Free cash flow 1,704 2,045

Dividends (1,205) (1,219)

Acquisitions – net 1 (1,743) 322

Net capital increase (134) (448)

FX & other (318) (309)

(Increase) / Decrease in net debt (1,696) 391

Net debt Dec 31 (5,022) (4,631)

Mainly due to FX

impact


Includes €600m

share buyback

1: including dividend from CST holding in 2015

Fast progress on portfolio optimization and higher shareholder

return as committed, target upgraded on share buy back


Potential disposal of non-core / non-

strategic businesses

€1.0 to 1.5bn share buyback program by

end-2016

Progressive dividend

Focus on value-accretive Bolt-on M&A

Commitments at Feb 2015 Investor day

2015 Highlights

~€470m cash generated from disposals of

Juno, Telvent Global Services and CST

~11m shares bought back for ~€0.6bn

Now target ~€1.5bn share buy back by 2016

Proposed dividend1 €2 per share, up >4% vs

2014

Focused on value-accretive Bolt-on M&A.

1: Subject to shareholder approval on April 25, 2016

Strong cash conversion and solid balance sheet


116

2015

1133

2014

962

2013

108

2015 2014

1.0

1.2

Cash Conversion1, % Net Debt / Adj. EBITDA1

1: See definition page for details of calculation

2: Based on Net income adjusted for discontinued ops

3: Based on Net income adjusted for business disposals impact and Pelco impairment (see p25)

1: Based on share price prior to dividend payment, or Feb.12 2016 for 2015 dividend

2: Subject to shareholder approval on April 25, 2016

Dividend history

2.8%

1.70 1.872 1.87

0

1

2

3

4

5

0.5

1.0

1.5

2.0

2009

1.03

2015

2.002

20142

1.92

2013

1.87

2012

1.87

2011

1.70

2010

1.60

DPS (€)

Dividend Yield (%) 1

Proposed dividend of €2.00 per share, an increase of 4%,

reflecting the growth of underlying net income


Full Year 2016 Targets


2016 Targets


In 2016, the Group sees continued growth in Western Europe and the construction market in the

U.S. At the same time, headwinds from O&G, overall weakness in the U.S. industry markets,

difficulties in China though to a lesser degree than in 2015 and mixed trends in the rest of new

economies are expected. Additionally, given the accelerated decline of several new economies'

currencies against the euro in the end of 2015, the Group should also face a material FX headwind

in 2016.

In this context, the Group’s priorities are margin improvement by working on costs, growing its

partner’s network through the launch of many new integrated offers, accelerating services and

software, and increasing selectivity on projects focusing on its sectors of expertise.

Therefore, for 2016 the Group targets:

> Organic revenues growth to be flat to down low single-digit, impacted by the Group’s higher

selectivity on project activities.

> +20bps to +60bps improvement on adjusted EBITA margin before FX. The negative FX impact

on margin is estimated at -40bps to -50bps at current rates.

Appendixes


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

● EBITDA: EBIT before depreciation, amortization, provisions and before share-

based compensation cost

● Adjusted EBITDA: Adjusted EBITA before depreciation, amortization, provisions and before

share-based compensation cost

● Cash conversion: Free cash flow / Net income (Group share)

● Free cash flow: Operating cash flow less change in working capital less net capital

expenditures

● ROCE: Return On Capital Employed

The Planet & Society barometer

Our 2015-2017 detailed sustainability scorecard, as of Q4 2015

The arrow shows if the indicator has risen, stayed the same or fallen compared to the previous quarter.

The colour shows if the indicator is above or below the objective of 8/10.

10% energy savings

10% CO2 savings from transportation

Towards zero waste to landfill for 100 industrial sites

100% of products in R&D designed with Schneider ecoDesign WayTM

Planet & Society barometer (objectives for 2017)

Overall score (out of10)

Start

01/2015

3.00

Target

12/2017

8/10

Results

Q4 2015

6.33

30% reduction in the Medical Incident Rate (MIR)

One day training for every employee every year

64% scored in our Employee Engagement Index

85% of employees work in countries with Schneider gender pay equity plan

150,000 underprivileged people trained in energy management

1,300 missions within Schneider Electric Teachers NGO

75% of product revenue with Green PremiumTM eco-label

100% of new large customer projects with CO2 impact quantification

120,000 tons of CO2 avoided through maintenance, retrofit and end-of-life services

x5 turnover of Access to Energy program to promote development for underprivileged people

100% of our recommended suppliers embrace ISO 26000 guidelines

All our entities pass our internal Ethics & Responsibility assessment

-

-

34

-

4.5%

8.4%

64

13.3%

10%

10%

100

100%

60.5%

-

-

-

48%

-

75%

100%

120,000

x5

100%

100%

30%

85%

64%

85%

150,000

1,300

-

79%

61%

-

73,339

460

67.1%

-

44,777

X2.07

64.7%

88%

17%

85.6%

61%

57%

102,884

878

Results

Q3 2015

5.06

3.4%

7.03%

54

12.5%

62.1%

-

28,937

x2.1

59.1%

72%

23%

73.1%

61%

-

94,948

695


Adj. EBITA up +5.1% and margin about stable at constant FX


Analysis of change of adjusted EBITA (in €m)

254

174359

-154

Productivity Net price2

89

Mix

-382

Volume

-97

FY 2014

3,463

3,641

FY 2015 Currency

effects

Net

acquisition

impact

6

COGS

(Inflation

& R&D)1

Other SFC

-71

1: Of which Production labour & other Costs: -€70m and R&D depreciation increase in COGS: -€84m

2: Of which pricing: -€93m and RMI: +€182m

ROCE calculation


1: Effective Tax rate adjusted for impacts from business disposals and Pelco impairment

1

ROCE calculation

2015

P&L items Reported

EBITA (1) 2 801

Restructuring costs (2) -318

Other operating income & expenses (3) -522

= Adjusted EBITA (4) = (1)-(2)-(3) 3 641

x Effective tax rate of the period1 (5) 21,0%

= After-tax Adjusted EBITA (A) = (4) x (1-(5)) 2 875

2014 2015 2015

Balance sheet items reported reported Avg of 4

quarters

Shareholders' equity 20 151 21 289 (B) 20 969

Net financial debt 5 022 4 631 (C) 5 805

Adjustment for Associates and Financial assets (fair value) -651 -492 (D) -532- Sunten Electric Equipment (40% stake) 88 98 98

- Fuji Electric FA Components & Systems (36.8% stake) 91 108 107

- NVC Lighting (9.2% stake) 54 33 52

- CST Holding (30% stake) 81 93 82

- Other non-current financial investments 337 159 193

= Capital Employed 24 573 25 428 (E) = (B)+(C)+(D) 26 243

= ROCE (A) / (E) 11,0%

Q4 Performance


Strong organic growth in Buildings & Partners while IT was

impacted by high base of comparison


Analysis of change in Group revenues (€m)

7,198 +3.5%

Q4 2015

Fx

+4.3%

Scope

-0.2%

IT

-3.5%

Infrastructure

-0.1%

Industry

-4.3%

Buildings &

Partner

+2.0%

Q4 2014

6,954

Organic: -0.6%

Buildings & Partner grew across all regions except Asia Pacific


3,113 +7.7%

Q4 2015

Fx

+4.9% Scope

+0.8% Organic

+2.0%

Q4 2014

2,890

Analysis of change in Q4 Revenues (€m) North America was up. In the U.S, new offer

launches , strong growth in the construction market

and solid execution of commercial initiatives in solar

market supported the growth. The region also

benefited from growth in Mexico.

In Western Europe, Spain, Italy and the U.K. were

up, France performed well thanks to strong

execution in a stagnant market and Germany was

penalized by a high comparison base despite good

performance in the construction market thanks to

targeted initiatives.

Asia-Pacific declined due to weakness in China

while performance outside China remained positive.

Rest of the world was up thanks to continued

growth in the Middle East and Africa.

43% of Q4 revenues

Industry impacted by further deterioration in O&G and continued

weak industrial activities in China


1,464

-0.1%

Q4 2014 Q4 2015

Organic

-4.3%

Fx

+4.1% 1,466

Scope

+0.1%

Analysis of change in Q4 Revenues (€m) Western Europe grew as Italy, Spain, and the U.K.

were up thanks to positive OEM demand and

successful OEM customer conversion. France and

Germany also grew benefiting from growth

initiatives.

The U.S. was down due to further decreased

industrial investments, notably in O&G, and a weak

export-OEM demand impacted by a strong U.S.

dollar. In this context the Group continues to focus

on growing services and expanding coverage.

Asia Pacific was penalized by weakness in China,

while the rest of the world performed well.

Invensys revenues were down mid-single digit,

excluding the impact from the China nuclear project

ramp down. Field Devices and Systems businesses

were impacted by a deteriorated O&G market while

the software business grew.

20% of Q4 revenues

Infrastructure was about flat thanks to strong project execution


Q4 2015

1639 -0.1%

Fx

+2.3% Scope

-2.3%

Organic

-0.1%

Q4 2014

1,640

Analysis of change in Q4 Revenues (€m) North America was up benefiting from project

execution in Canada in a challenging market.

Despite headwinds from O&G and delays in data

center investments, the U.S. was also about flat

thanks to the execution of growth initiatives in

targeted segments.

Western Europe grew, driven by France, Nordics

and the U.K. while Germany declined due to greater

project selectivity.

The performance in Asia Pacific was penalized by

weakness in Australia and China.

Rest of the world performed well, driven by Africa

and project execution in the Middle East, while

Russia remained difficult.

23% of Q4 revenues

IT was down -3.5% organically, penalized by a high comparison

base


Scope

+0.2%

Q4 2015

Fx

+5.8%

982 +2.5% Organic

-3.5%

Q4 2014

958

Analysis of change in Q4 Revenues (€m)

The U.S. was down due to soft IT investment and a

high base of comparison, while services grew

strongly.

Western Europe was up thanks to good execution of

the Group’s channel strategy.

Asia Pacific was dragged down by China, while the

rest of the region was about stable.

Rest of the world declined mainly driven by

weakness in Russia.

Services growth was strong, up double-digits.

14% of Q4 revenues

Western Europe and Rest of World brought strong support to

the Q4 performance


Analysis of change in Group revenues (€m)

Scope

-0.2%

Fx

+4.3%

Q4 2015

7,198 +3.5%

Rest of

World

+5%

North

America

-3%

Asia-

Pacific

-6%

Western

Europe

+3%

Q4 2014

6,954

Organic: -0.6%

Western

Europe

Asia

Pacific

North

America

Rest of

the World

26%

28%

27%

19%

Q4 revenues

Contacts & agenda


Anthony Song – Head of Investor Relations

Tel: +33-1-41-29-83-29

[email protected]

Alexis Denaud – Senior Investor Relations Manager Tel: +33-1-41-29-51-24

[email protected]

Apr 21, 2016

Apr 25, 2016

Q1 2016 Revenues

Annual General Meeting

Conference call

Meeting

Documents

Full Year 2015 Results - Schneider Electric year 2015 performance highlights4 19 Full year 2015 finance presentation Full year 2015 performance highlights Confidential Property of