APC 1999 Annual Report Download - page 26

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24
Financial highlights
0.55 0.59
0.76
0.85 FF 6.9 bn
EUR 1.06 bn
95* 96* 97 98 99
98 99 98 99 98 99 98 99
8.5 8.7
10.5
11.2
12.6
●
Operating margin
* Pro forma restated for Spie Batignolles
Operating margin by geographic division
(%)
11.6 12.8 13.7 14.9
13.2 13.8
6.0
7.7
Europe France North International
(excl. France) America
Operating margin by business
(%)
11.8
98 99
13.1
Operating income
(EUR billion)
Electrical
distribution
10.0
11.5
98 99
Industrial control
and automation
The operating margin widened to 12.6% in
1999 thanks to the results of the Schneider
2000+ action plans and the impact of Lexel.
Margin improved significantly from the previous
year in all the geographic areas and businesses.