Investor Presentaiton
Adj. EBITA: Record margin at 17.3%, growing +140bps org.
In Єm
2020
2021
Reported
change
Organic
change
Revenues
25,159
28,905
+14.9%
+12.7%
Gross Profit
10,156
11,843
+16.6%
+12.5%
Gross Margin (%)
40.4%
41.0%
+60bps
-10bps
SFC1
(6,230)
(6,856)
+10.0%
+5.8%
SFC1 Ratio
24.8%
23.7%
(% Revenues)
-110bps -150bps
Adjusted EBITA
3,926
4,987
+27.0%
+23.2%
Margin %
15.6%
17.3%
+170bps
+140bps
R&D/Sales ratio
5.3%
5.1%
-20bps
-50bps
1. Support Function Cost
Investor Relations - Schneider Electric | Page 34
Energy Management Industrial Automation
c.+140bps c.+90bps
Org. Adj. EBITA Org. Adj. EBITA
SFC/Sales ratio improves from 24.8% to 23.7% due to volume recovery in
FY21 and continued cost control discipline
SFC up +5.8% organic in value, with the reversal of temporary savings
from FY20 and to support topline growth
Operational efficiency plans continued to deliver structural savings, while
investment in strategic priorities continued
R&D (partly in COGS, partly in SFC) increased by +4% org., while
R&D/Sales ratio was ~5%, in-line with the long-term average, although
slightly down on FY20, due to the lower revenue last year while R&D spend
was protected
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