APC 2009 Annual Report Download - page 17
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2009 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC 15
DESCRIPTION OFTHEGROUP, ITSMARKETS ANDITSBUSINESSES
1
FROM STEEL TO ENERGY MANAGEMENT
2009: Setting the standard as the
global leader in energy management
Thanks to the commitment and hard work of its entire corporate
community, Schneider Electric successfully re-deployed industrially
and geographically in just six years. The Group is reaping the rewards
of this deep strategic transformation and identifying new growth
drivers.
Listening carefully to employees and all other stakeholders, Schneider
Electric understands that it must address two major expectations:
•make Schneider Electric the recognised benchmark for energy
management solutions;
•create greater cohesion among all the units, including recent
acquisitions, and make the best use of the advantages of their
synergy .
To set the standard as the unrivalled leader in energy management,
Schneider Electric is leveraging the One company programme
introduced in early 2009. Following on new2, One maintains
customer satisfaction (“Customer One’) and employee development
(“One Team”) as its two key fundamentals. It also includes strategic
initiatives to make Schneider Electric an even more unique player in
the marketplace, with the goal of becoming One Solution Provider,
One Leader in New Economies and One Company, unified by
streamlined processes.
The 2009 acquisitions of energy effi ciency leader Conzerv in India and
UPS manufacturer Microsol Tecnologia in Brazil have strengthened
the Group’s exposure to new economies, as well as to the promising
energy effi ciency and critical power market.
The plan to acquire Areva Distribution, announced in late November
2009, aims to make Schneider Electric one of the world leaders in
medium voltage (MV) and electrical distribution automation systems
by creating a new business combining its existing MV operations
and Areva T&D’s distribution activities. Pending the closing of the
transaction, the overall fi nancial objectives of the Group exclude the
impact of this acquisition.