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.