APC 2005 Annual Report Download - page 4

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2
Interview with the Chairman
Was 2005 a good year for Schneider Electric?
Yes, 2005 was a very good year, with revenue up 13%, operating prof-
it up 22%, earnings per share up 22% and our dividend up 25%. These
are the best results we’ve seen in several years. 2005 was also the first
full year of our new2company program, which will run for four years.
We achieved solid organic growth, pursued our targeted strategy of
acquisitions in highly promising areas and recorded new profitability
gains thanks to the initial impact of our new2efficiency plans. Our earn-
ings have risen nearly 60% over the past two years and we are solidly
on track to meet our targets for 2008.
What drove this performance?
Our strong sales growth, for the second year in a row, reflects our
changing profile. Schneider Electric has become a growth stock by
actively going out and seeking growth. This has meant developing our
lineups in high-potential markets and segments and investing in high-
growth emerging economies.
Henri Lachmann
Chairman and Chief Executive Officer of Schneider Electric
"New energy and a new outlook
for Schneider Electric"