<?xml version="1.0" encoding="UTF-8" ?>
			<?xml-stylesheet href="/rss/rss2html.xsl" type="text/xsl" media="screen"?>
			<rss version="2.0" xmlns:alacra="http://www.alacra.com" xmlns:ccbn="http://www.alacra.com/ccbn" xmlns:bir="http://www.alacra.com/bir" xmlns:cs="http://www.alacra.com/cs" xmlns:spcred="http://www.alacra.com/spcred" xmlns:moodys="http://www.alacra.com/moodys" xmlns:fitch="http://www.alacra.com/fitch" ><channel><title>Schneider Electric S.A. RSS Research Feed - Subscribe Today - AlacraStore.com</title>
<description>Schneider Electric S.A.</description>
<link>http://www.alacrastore.com/company-snapshot/Schneider_Electric_S_A-1088892</link>
<lastBuildDate>Wednesday, July 23, 2008 6:23:07 PM</lastBuildDate>
<alacra:xlsid>1088892</alacra:xlsid>
<alacra:company>Schneider Electric S.A.</alacra:company>
<language>en</language>
<generator>AlacraStore RSS Builder 1.0</generator>
<ttl>30</ttl>
<item><link>http://www.alacrastore.com/storecontent/cs/70287</link><guid isPermaLink="false">cs/70287</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> Schneider Electric FY## Tearsheet Schneider Electric benefits from a solid business position with a balance of end-use markets and positive macro trends such as energy efficiency and increased industrial automation. Operating results...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">70287</cs:csid><title>Schneider Electric FY07 Tearsheet</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">627</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">C</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">2</cs:type><cs:teartype xmlns:cs="http://www.alacra.com/cs">1</cs:teartype><cs:typew xmlns:cs="http://www.alacra.com/cs">Tearsheet</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">2035</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">tearsheets/premium</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">61</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">39</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">4</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">72</cs:industry><pubDate>6/9/2008 11:04:46 AM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:docid xmlns:cs="http://www.alacra.com/cs">70287</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1611892</link><guid isPermaLink="false">ccbn/T1611892</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Welcome to Schneider Electric #### first quarter sales conference call. The conference will be presented by Mr. Jean-Pascal Tricoire, Chief Executive Officer, and Mr. Pierre Bouchut, Chief Financial Officer. I now hand over to Mr. Tricoire. Sir, please go ahead....

</description><pubDate>4/21/2008 8:06:00 AM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">SCHNEIDER ELECTRIC S A</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q1 2008 SCHNEIDER ELECTRIC S A Sales Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">SU.PA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">9:00am CET</ccbn:time><title>Q1 2008 SCHNEIDER ELECTRIC S A Sales Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1611892</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/59758</link><guid isPermaLink="false">cs/59758</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> US Housing and European Building Materials - The Straw That Breaks The Camel's Back? We review the impact of the current US Housing Crisis on the credit quality of the European Building Materials sector

How are the US Housing Decline...</description><cs:company xmlns:cs="http://www.alacra.com/cs">2063</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">641</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1347</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">bscore/research</cs:DS><cs:DS xmlns:cs="http://www.alacra.com/cs">corp/reports</cs:DS><cs:DS xmlns:cs="http://www.alacra.com/cs">hy</cs:DS><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:geo xmlns:cs="http://www.alacra.com/cs">193</cs:geo><cs:geo xmlns:cs="http://www.alacra.com/cs">1</cs:geo><cs:geo xmlns:cs="http://www.alacra.com/cs">4</cs:geo><cs:geo xmlns:cs="http://www.alacra.com/cs">78</cs:geo><cs:geo xmlns:cs="http://www.alacra.com/cs">72</cs:geo><cs:geo xmlns:cs="http://www.alacra.com/cs">100</cs:geo><cs:industry xmlns:cs="http://www.alacra.com/cs">39</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">61</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">72</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">3</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">42</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">High Yield</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">21</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Sector Outlooks</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">7</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">BondScore</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">48</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Transcripts</cs:tw><pubDate>4/12/2008 10:13:00 PM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">250</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">Slides and transcript from our speech at the Third Annual CreditSights September Conference held last week in London. We review the impact of the current US Housing Crisis on the credit quality of the European Building Materials sector.</cs:abstract><cs:company xmlns:cs="http://www.alacra.com/cs">1960</cs:company><cs:typew xmlns:cs="http://www.alacra.com/cs">BondScore</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">1368</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1012</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">2048</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1019</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">2038</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">52</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">2021</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1951</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">2035</cs:company><cs:csid xmlns:cs="http://www.alacra.com/cs">59758</cs:csid><title>US Housing and European Building Materials - The Straw That Breaks The Camel's Back?</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">6321</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">D</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">8</cs:type><cs:docid xmlns:cs="http://www.alacra.com/cs">59758</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/640151</link><guid isPermaLink="false">spcred/640151</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest Summary from S&amp;P</description><title>Summary: Schneider Electric S.A.</title><pubDate>3/31/2008 3:36:36 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">640151</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">France</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Electrical Components &amp; Equipment</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">High Technology</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Capital Goods</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">The ratings on Schneider Electric S.A. reflect the French group's strong business profile, which is supported by sound competitive positions, extensive geographic diversity, and efficient cost management. The ratings also take into account Schneider's ability to generate solid free cash flow. Tempering these strengths is the cyclicality of most of Schneider's end markets, as well as the group's acquisitive strategy and generous dividend policy. Schneider is one of only a few global players in the electrical distribution, industrial controls, and automation industries, where it benefits from well-entrenched positions, strong barriers to entry, and low capital intensity. The group's business has proven resilient in the face of cyclical swings. Schneider outsources a large portion of its components production to focus on</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">FRA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">806879</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">F86921</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">20104010 201040 2010 20</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Schneider Electric S.A.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">311334</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">SU@FP</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">High</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Capital</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/412954_pr_frame</link><guid isPermaLink="false">fitch/412954_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><fitch:company xmlns:fitch="http://www.alacra.com/fitch">ABB Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Alstom SA</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">GEA Group AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Invensys plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Schneider Electric S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Siemens AG</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360454</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80362385</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80362417</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80471971</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83785908</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83977866</fitch:companyid><pubDate>3/19/2008 10:17:54 AM</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01000000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01031400</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01031500</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01040000</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">012197</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">ABBN</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">G1A</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">ISYS</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">SIE</fitch:ticker><title>Fitch: Siemens Profit Warning Not Reflective of Strong Industry Trends</title><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">412954_pr_frame</fitch:docid><category>Credit &amp; Investment Research</category><alacra:ip>FitchResearch</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/412958_pr_frame</link><guid isPermaLink="false">fitch/412958_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><fitch:company xmlns:fitch="http://www.alacra.com/fitch">ABB Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Alstom SA</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">GEA Group AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Invensys plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Schneider Electric S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Siemens AG</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360454</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80362385</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80362417</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80471971</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83785908</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83977866</fitch:companyid><pubDate>3/19/2008 10:17:54 AM</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01000000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01031400</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01031500</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01040000</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">012197</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">ABBN</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">G1A</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">ISYS</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">SIE</fitch:ticker><title>Correction: Fitch: Siemens Profit Warning Not Reflective of Strong Industry Trends</title><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">412958_pr_frame</fitch:docid><category>Credit &amp; Investment Research</category><alacra:ip>FitchResearch</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/65590</link><guid isPermaLink="false">cs/65590</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description>Schneider Electric FY## - Critically Powerful Results</description><cs:csid xmlns:cs="http://www.alacra.com/cs">65590</cs:csid><title>Schneider Electric FY07 - Critically Powerful Results</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">1722</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">D</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">2035</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:geo xmlns:cs="http://www.alacra.com/cs">72</cs:geo><cs:industry xmlns:cs="http://www.alacra.com/cs">61</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">4</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">72</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">39</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">68</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Earnings Reports - Industrials/Consumer</cs:tw><pubDate>2/21/2008 1:11:06 AM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">We review Schneider Electric's FY07 Results which were today presented to analysts in London.</cs:abstract><cs:docid xmlns:cs="http://www.alacra.com/cs">65590</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1611890</link><guid isPermaLink="false">ccbn/T1611890</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>... - Schneider Electric -  COOGood morning. Thank you for being here. I think we can start the presentation.  So we're going to be back on the results of Schneider Electric in ####. I would like to start by an overview of -- so we're going to be having an overview of the results. We're going to be scoring -- I'm going to be scoring some strategy on business update. Pierre will be talking about the #### financial results. I'll be focusing on the critical power performance; as you know, this has been a key year for us in welcoming Schneider Electric, the biggest acquisition we have done since Square D, that's back in '##; and feed you back about the results of this integration inside Schneider, and then come back and finish with an outlook about ####.An overview; so let's start with the main events of ####. I consider that #### has been a key year for Schneider Electric. First, we've scored again new records in organic growth on an EBITA for Schneider Electric. So we finish the year with ##.#%...

</description><pubDate>2/20/2008 12:07:00 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">SCHNEIDER ELECTRIC S A</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q4 2007 SCHNEIDER ELECTRIC S A Earnings - Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">SU.PA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">10:00am CET</ccbn:time><title>Q4 2007 SCHNEIDER ELECTRIC S A Earnings - Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1611890</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/bir/462091</link><guid isPermaLink="false">bir/462091</guid><bir:index_mode xmlns:bir="http://www.alacra.com/bir">norm</bir:index_mode><title>Schneider Electric S.A.</title><bir:company xmlns:bir="http://www.alacra.com/bir">Schneider Electric S.A.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">APC</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">American Power Conversion Corp.</bir:company><bir:cou xmlns:bir="http://www.alacra.com/bir">France</bir:cou><bir:descr xmlns:bir="http://www.alacra.com/bir">Manufacturing: Schneider is the world leader in electrical distribution and industrial control with four well known brands: Merlin Gerin, Nodicon, Square D and Telemecanique.</bir:descr><bir:sic xmlns:bir="http://www.alacra.com/bir">3612</bir:sic><bir:ssic xmlns:bir="http://www.alacra.com/bir">8711</bir:ssic><bir:naics xmlns:bir="http://www.alacra.com/bir">335311</bir:naics><bir:snaics xmlns:bir="http://www.alacra.com/bir">541330</bir:snaics><bir:class xmlns:bir="http://www.alacra.com/bir">9</bir:class><bir:size xmlns:bir="http://www.alacra.com/bir">I</bir:size><bir:revenue xmlns:bir="http://www.alacra.com/bir">M</bir:revenue><bir:ticker xmlns:bir="http://www.alacra.com/bir">SBGSF</bir:ticker><pubDate>2/2/2008 6:37:00 AM</pubDate><bir:docid xmlns:bir="http://www.alacra.com/bir">462091</bir:docid><category>Company Profiles &amp; Financials</category><alacra:ip>Gale Company Profiles</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/63507</link><guid isPermaLink="false">cs/63507</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:company xmlns:cs="http://www.alacra.com/cs">2035</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">tearsheets/premium</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">61</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">4</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">39</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">72</cs:industry><pubDate>1/2/2008 4:11:05 PM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:csid xmlns:cs="http://www.alacra.com/cs">63507</cs:csid><title>Schneider Electric 1H07 Tearsheet</title><description> Schneider Electric #H## Tearsheet Schneider Electric benefits from a solid business position with a balance of end-use markets and positive macro trends such as energy efficiency and increased industrial automation. Operating results...</description><cs:wcnum xmlns:cs="http://www.alacra.com/cs">633</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">C</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">2</cs:type><cs:teartype xmlns:cs="http://www.alacra.com/cs">1</cs:teartype><cs:typew xmlns:cs="http://www.alacra.com/cs">Tearsheet</cs:typew><cs:docid xmlns:cs="http://www.alacra.com/cs">63507</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/SO_853450</link><guid isPermaLink="false">moodys/SO_853450</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Summary Opinion</moodys:report_type><pubDate>12/21/2007 5:00:11 AM</pubDate><title>Schneider Electric S.A.</title><description>Global Credit Research Summary Opinion # DEC ####   Summary Opinion: Schneider Electric S.A. Schneider Electric S.A. Boulogne-Billancourt, France Ratings and Contacts Category Moody's Rating Square D Co. Bkd Senior Unsecured A# Analyst...</description><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Schneider Electric S.A.</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">853450</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.00</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Schneider Electric S.A.</moodys:issuer_list><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">SO_853450</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/619563</link><guid isPermaLink="false">spcred/619563</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>Schneider Electric S.A.</title><description>The latest Full Report from S&amp;P</description><pubDate>12/13/2007 1:29:23 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">400</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">619563</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">France</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Electrical Components &amp; Equipment</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">High Technology</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Capital Goods</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">Strong business profile, supported by solid competitive positions and extensive geographic diversity; Efficient cost management; and Solid track record of free cash flow generation. Large dividend payout and acquisition programs; and Exposure to cyclicality in most of the company's end markets. The ratings on France-based Schneider Electric S.A. reflect the group's strong business profile, supported by sound competitive positions, extensive geographic diversity, and efficient cost management. The ratings also take into account Schneider's ability to generate solid free cash flow. Tempering these strengths are the cyclicality of most of the group's end markets, the group's acquisitive strategy, and its expansive dividend policy. Schneider is one of only a few global players in the electrical distribution, industrial controls, and automation industries,</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">FRA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">806879</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">F86921</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">20104010 201040 2010 20</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Schneider Electric S.A.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">311334</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">SU@FP</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">FULL</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">High</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Capital</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/619564</link><guid isPermaLink="false">spcred/619564</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>Summary: Schneider Electric S.A.</title><description>The latest Summary from S&amp;P</description><pubDate>12/13/2007 1:29:23 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">619564</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">France</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Electrical Components &amp; Equipment</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Capital Goods</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">High Technology</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">The ratings on France-based Schneider Electric S.A. reflect the group's strong business profile, supported by sound competitive positions, extensive geographic diversity, and efficient cost management. The ratings also take into account Schneider's ability to generate solid free cash flow. Tempering these strengths are the cyclicality of most of the group's end markets, the group's acquisitive strategy, and its expansive dividend policy. Schneider is one of only a few global players in the electrical distribution, industrial controls, and automation industries, and benefits from well-entrenched positions, strong barriers to entry, and low capital intensity. The group's business has proven resilient in the face of cyclical swings. Schneider outsources a large portion of its components production to focus on R&amp;D and assembly. Low</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">FRA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">806879</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">F86921</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">20104010 201040 2010 20</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Schneider Electric S.A.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">311334</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">SU@FP</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Capital</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">High</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/619446</link><guid isPermaLink="false">spcred/619446</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>Schneider Electric S.A.</title><description>The latest Full Report from S&amp;P</description><pubDate>12/12/2007 6:32:00 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">400</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">619446</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">France</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Electrical Components &amp; Equipment</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Capital Goods</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">High Technology</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">Strong business profile, supported by solid competitive positions and extensive geographic diversity; Efficient cost management; and Solid track record of free cash flow generation. Large dividend payout and acquisition programs; and Exposure to cyclicality in most of the company's end markets. The ratings on France-based Schneider Electric S.A. reflect the group's strong business profile, supported by sound competitive positions, extensive geographic diversity, and efficient cost management. The ratings also take into account Schneider's ability to generate solid free cash flow. Tempering these strengths are the cyclicality of most of the group's end markets, the group's acquisitive strategy, and its expansive dividend policy. Schneider is one of only a few global players in the electrical distribution, industrial controls, and automation industries,</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">FRA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">806879</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">F86921</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">20104010 201040 2010 20</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Schneider Electric S.A.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">311334</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">SU@FP</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">FULL</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Capital</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">High</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/619447</link><guid isPermaLink="false">spcred/619447</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>Summary: Schneider Electric S.A.</title><description>The latest Summary from S&amp;P</description><pubDate>12/12/2007 6:32:00 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">619447</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">France</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Electrical Components &amp; Equipment</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Capital Goods</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">High Technology</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">The ratings on France-based Schneider Electric S.A. reflect the group's strong business profile, supported by sound competitive positions, extensive geographic diversity, and efficient cost management. The ratings also take into account Schneider's ability to generate solid free cash flow. Tempering these strengths are the cyclicality of most of the group's end markets, the group's acquisitive strategy, and its expansive dividend policy. Schneider is one of only a few global players in the electrical distribution, industrial controls, and automation industries, and benefits from well-entrenched positions, strong barriers to entry, and low capital intensity. The group's business has proven resilient in the face of cyclical swings. Schneider outsources a large portion of its components production to focus on R&amp;D and assembly. Low</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">FRA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">806879</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">F86921</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">20104010 201040 2010 20</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Schneider Electric S.A.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">311334</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">SU@FP</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Capital</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">High</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1667464</link><guid isPermaLink="false">ccbn/T1667464</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>10/23/2007 11:07:00 AM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">SCHNEIDER ELECTRIC S A</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q3 2007 SCHNEIDER ELECTRIC S A Sales Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">SU.PA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">9:30am CET</ccbn:time><title>Q3 2007 SCHNEIDER ELECTRIC S A Sales Conference Call Transcript</title><description>...Welcome to Schneider Electrics' third quarter #### sales conference call. I'll now hand over to Mr. Tricoire. Sir, please go ahead. ...

</description><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1667464</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/604904</link><guid isPermaLink="false">spcred/604904</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>Summary: Schneider Electric S.A.</title><description>The latest Summary from S&amp;P</description><pubDate>9/28/2007 1:04:00 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">604904</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">France</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Electrical Components &amp; Equipment</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">High Technology</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Capital Goods</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">The ratings on France-based Schneider Electric S.A. reflect the group's strong business profile, supported by sound competitive positions, extensive geographic diversity, and efficient cost management. The ratings also take into account Schneider's ability to generate solid free cash flow. These strengths are tempered by the cyclicality of most of the group's end markets, the group's acquisitive strategy, and its dividend policy. Schneider is a major worldwide player in electrical distribution, industrial controls, and automation. These industries enjoy positive characteristics for the ratings: The limited number of global players benefit from well-entrenched positions, strong barriers to entry, and low capital intensity. The group's business has proven resilient in the face of cyclical swings. Schneider outsources a large portion of its components</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">FRA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">806879</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">F86921</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">20104010 201040 2010 20</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Schneider Electric S.A.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">311334</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">SU@FP</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">High</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Capital</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/372138_pr_frame</link><guid isPermaLink="false">fitch/372138_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Schneider Electric S.A.</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83977866</fitch:companyid><pubDate>9/28/2007 10:16:00 AM</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01031400</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">75</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">012197</fitch:ticker><title>Fitch Rates Schneider Electric's Bonds 'A-'</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">372138_pr_frame</fitch:docid><category>Credit &amp; Investment Research</category><alacra:ip>FitchResearch</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1601467</link><guid isPermaLink="false">ccbn/T1601467</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>8/2/2007 6:09:00 AM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">SCHNEIDER ELECTRIC S A</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.00</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Interim 2007 SCHNEIDER ELECTRIC S A Earnings &amp; Sales Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">SU.PA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">9:30am CET</ccbn:time><title>Interim 2007 SCHNEIDER ELECTRIC S A Earnings &amp; Sales Conference Call Transcript</title><description>...Ladies and gentlemen, welcome to Schneider Electric #### half year results conference call. I now handover to Mr. Jean-Pascal Tricoire, Chief Operating Officer and Mr. Pierre Bouchut, Chief Financial Officer, Control and Legal Affairs. Sir, please go ahead. ...

</description><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1601467</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/593936</link><guid isPermaLink="false">spcred/593936</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><pubDate>8/1/2007 8:55:24 AM</pubDate><title>Bulletin: France's Schneider Electric 'BBB+/A-2' Ratings Unchanged On Purchase Of U.S.-Based Pelco Inc.</title><description>The latest News from S&amp;P</description><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><spcred:keywords xmlns:spcred="http://www.alacra.com/spcred">SCHNEIDER APC EXPECT STRENGTHEN PLAYER PELCO AUTOMATION UNDERSCORES SOLUTIONS</spcred:keywords><spcred:abstract xmlns:spcred="http://www.alacra.com/spcred">MILAN (Standard&amp;Poor's) Aug. 1, 2007--Standard&amp;Poor's Ratings Services said today that its ratings and outlook on France-based Schneider Electric S.A. (BBB+/Stable/A-2)--a major world player in electrical distribution, industrial control, and automation--are unchanged following the group's announcement that it will buy 100% of U.S.-based Pelco Inc. for a total $1.5 billion. The acquisition will strengthen Schneider's business position in the U.S. in building automation solutions. It will also increase the group's net debt position, although we expect funds from operations to fully adjusted net debt to remain above 30%, the minimum level required at the current rating level. This acquisition further underscores Schneider's continued acquisitive drive, which includes the purchase of APC Inc. in January 2007 for $6.1</spcred:abstract><spcred:all_comps xmlns:spcred="http://www.alacra.com/spcred">Schneider Electric S.A.</spcred:all_comps><spcred:all_gics xmlns:spcred="http://www.alacra.com/spcred">20104010 201040 2010 20</spcred:all_gics><spcred:all_countries xmlns:spcred="http://www.alacra.com/spcred">FRA</spcred:all_countries><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:price xmlns:spcred="http://www.alacra.com/spcred">100.00</spcred:price><spcred:companyid xmlns:spcred="http://www.alacra.com/spcred">311334</spcred:companyid><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">593936</spcred:docid><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item></channel></rss>