Investor Relations

Highlights 2017

Schindler was founded in 1874 in Lucerne, Switzerland, and is one of the leading manufacturers of elevators, escalators, and moving walkways, as well as a top provider of vertical transportation maintenance and modernization across the globe.

Sustained growth and increased profitability

Sustained growth

  • Overall growth above market
  • Growth in both new installations and particularly service business
  • High acceptance of new products
  • Strong conversion of new installations into service contracts
  • Execution of major strategic initiatives on track

Increased profitability

  • Orders received increased by 5.9% (5.5% in local currencies)
  • Revenue crossed the CHF 10 billion milestone and rose by 5.1% (4.6% in local currencies)
  • Comparable EBIT margin up by 50 bps to 12.0%
  • Net profit reached CHF 884 million, up 15.4% on a comparable basis

Get more details on our publication on full year results 2017:

Above statements were made on February 16, 2018 (publication date of the full year results 2017).

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The Schindler Group pursues an information policy which is based on truthfulness, timeliness, and continuity. Matters affecting the share price are published immediately in accordance with the ad hoc publicity rules of the SIX Swiss Exchange.