Dow Jones Newswires: Schneider Electric revenue rises and backs 2019 guidance

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Schneider Electric SE said Thursday that third-quarter revenue rose, supported by the strong performance of its energy management division.

Revenue for the period rose 4.2% to 6.65 billion euros ($7.40 billion), the French energy-management company SU, +0.29%  said. Organic growth was 3.1%.

The company’s energy-management division reported an organic growth of 3.9%, achieving positive performance across regions. The industrial automation business posted 0.4% organic growth.

The company backed its guidance for the year.

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