APC 2001 Annual Report Download - page 8

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Financial Highlights
Holding Steady
in a Difficult Environment
70%
30%
●Electrical Distribution -0.5%*+1.6%**
●Industrial Control and Automation +5.6%*-5.9%**
2001 sales
by core business
The diversity of our markets
helps cushion the impact
of economic cycles
on consolidated sales.
In 2001, the industrial
control and automation
businesses were negatively
affected by lower capital
spending in North America
and Europe, while medium
voltage sales showed
strong growth.
Consolidated sales rose 1.4% from the previous
year. This performance reflects the Company’s
exceptionally solid market positions worldwide and
its strong ability to withstand less favorable business
conditions, notably in North America.
2001
2000
1999
1998
1997
9.83
9.70
8.38
7.63
7.23
Consolidated
sales
(€billion)
* change at current scope of consolidation and exchange rates
** change at constant scope of consolidation and exchange rates
This performance attests
to Schneider Electric’s solid
positions in Europe
and the emerging economies.
North American sales were
severely affected
by the region’s
economic downturn.
2001 workforce
by geographic division
Average full-time employees
30%
27%
16%
27%
●France 21,500 employees
●Europe 19,800 employees
●North America 19,400 employees
●International 11,200 employees
Total 71,900 employees
The average number of full-time employees
declined in 2001. At year-end, the total workforce,
including both full-time and temporary employees,
was down by around 6,000 from the previous year.
●France -1.7%*-1.7%**
●Europe +7.7%*+2.8%**
●North America -6.2%*-10.3%**
●International +6.6%*+13.2%**
2001 sales
by geographic division
35%
15%
31%
19%
* change at current scope of consolidation and exchange rates
** change at constant scope of consolidation and exchange rates