Latest results

Highlights January to September 2019

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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