Latest results

Highlights January – June 2019

Investor Relations Contact

Marco Knuchel
Head Investor Relations
Tel. +41 41 445 30 61
investor.relations@schindler.com

Growth and strategic investments

  • Growth across all regions and product lines; strategic investments on track
  • Noteworthy development in major projects, particularly in the public-transport segment in North America and China
  • Higher material costs, wage inflation, foreign currency impacts and the planned increase in strategic investments weighed on operating profit
  • Improving margins in order intake and order backlog

Ongoing growth, profitability impacted as expected

  • Order intake increased by 3.8% (+5.8% in local currencies)
  • Revenue rose by 3.3% (+5.4% in local currencies)
  • EBIT reached CHF 596 million (2018: CHF 613 million), sequential increase in EBIT margin
  • Net profit was CHF 436 million (2018: before one-time tax refund CHF 461 million)

Above statements were made on August 14, 2019 (publication date of the half-year results as of June 30, 2019).

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