We think that France-based Schneider Electric's credit and profitability measures should stay comfortably above the levels commensurate with our assessment of the company's financial risk profile. We continue to assess the company's business risk profile as strong and its financial risk profile as intermediate. We are revising our outlook on Schneider Electric to stable from negative and affirming all our ratings on the company, including the 'A-' long-term rating. The stable outlook reflects our view that the company's credit metrics will remain commensurate with the ratings over the next couple of years. On July 8, 2015, Standard&Poor's Ratings Services revised its outlook on France-based specialist in energy management, Schneider Electric S.E. (Schneider), to stable from negative. At the
