Latest results
Highlights January to September 2019
Non-GAAP information
Investor Relations Contact
Marco Knuchel
Head Investor Relations
Tel. +41 41 445 30 61
investor.relations@schindler.com
Growth momentum
- Maintained growth across all regions and product lines
- Strong growth in Asia-Pacific; high share of major projects particularly in Asia-Pacific and North America
- Higher material costs, wage inflation and the planned increase in strategic investments still weighed on results
Top-line growth momentum maintained
- Order intake increased by 4.1% (+5.9% in local currencies)
- Revenue rose by 4.0% (+5.8% in local currencies)
- EBIT reached CHF 923 million; EBIT margin sequentially increased quarter by quarter
- Net profit was CHF 680 million (2018: before one-time tax refund CHF 691 million)
Above statements were made on October 24, 2019 (publication date of the 3rd quarter results as of September 30, 2019).
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