In the first half of 2015, Schindler continued on its growth path while, at the same time, improving its profitability. At CHF 4 977 million, orders received in Swiss francs were slightly higher than in the first half of 2014 (CHF 4 962 million), equivalent to an increase of 3.7% in local currencies.
Revenue grew by 3.5% to CHF 4 492 million (+7.4% in local currencies). Operating profit totaled CHF 476 million (first half of 2014: CHF 524 million – including the Mall of Switzerland extraordinary gain of CHF 82 million). Adjusted for this exceptional item, operating profit increased by 7.7% in Swiss francs and by 14.7% in local currencies. The EBIT margin was 10.6% (first half of 2014, comparable: 10.2%).
Net profit totaled CHF 358 million in the first half of 2015 and was 6.5% higher than the comparable figure of CHF 336 million for the first half of 2014 (CHF 371 million after exceptional items). Cash flow from operating activities improved by 17.7% to CHF 472 million.