Schneider HMI Schneider Electric announced today that its net profit in 2011 increased by 5.8% year-on-year to 1.82 billion euros, Schneider Security, which is in line with expectations. Driven by investment and strategic acquisitions, sales revenue increased by 14% year-on-year to 22.39 billion euros. It is expected that the sales in 2012 will be flat compared with 2011 or slightly increase, Schneider Switches. The report shows that the operating profit margin in 2011 was 14.2%, consistent with the company's previous forecast, but lower than 15% in 2010, mainly due to the rise in commodity prices. Schneider said: "For 2012, uncertainties surrounding the global economy limit visibility. While we see opportunities brought by sustained growth in emerging economies and recovery in North America, we expect growth to still be affected by Western Europe." In order to stabilize power supply and optimize electricity consumption, under the leadership of CEO Jean-Pascal Tricoire, Schneider has transformed from a low-voltage electrical equipment manufacturer into a company that provides customers with bundled services including equipment, services, and software, button indicator lights. Schneider shares closed yesterday at 47.84 euros per share.