APC 2004 Annual Report Download - page 5
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3
Our diversity
is our strength
Do you intend to pursue this strategy
in the coming years?
Let me start by saying that all our acquisitions
meet very strict financial criteria and comply
with our strategic business plan. We've already
spent 2.5 billion on targeted acquisitions,
and we would like to invest another 3 billion
to 4 billion in the next three years.
What are Schneider Electric's growth
drivers?
Demand for energy is growing strongly around
the world, and electricity is the energy of
the future. Schneider Electric is strategically
focused on automation and electricity
management. Our products, services and
solutions help make electricity safer to use,
more reliable and more intelligent, while
promoting energy efficiency and safeguarding
the environment. We are close to our customers
and able to anticipate their needs.
As a result, we are optimistic and confident in
our Company's long-term growth.
Is your organizational model designed for
success?
Our model is based on openness and diversity,
and that's our strength.
Diversity in market access channels, through
distributors, systems integrators, specifiers,
contractors, panelbuilders, electricians
and other partners, as well as a dedicated
organization for major global accounts.
Diversity in our supplier base, which
participates in our value chain, as we are not
highly integrated.
Diversity in our specialist competencies,
which will add new momentum to our core
businesses.
Diversity in our culture.
Thanks to our local teams, we are French
in France, German in Germany, American in
the US, Chinese in China and Japanese in
Japan. We cultivate these differences and are
internationalizing our teams.
Supported by our key values and talented
people, Schneider Electric will continue
to grow to bring even more satisfaction to our
shareholders, customers, employees and
host communities.
That's our ambition, as expressed in new2,
our new Company Program for the next
four years.