Interim Report as of June 30, 2017

Schindler achieved solid growth, made further operational progress, and significantly increased its operating profit in the first half of 2017.

As a result of its well-balanced geographical presence, orders received grew by 5.2% to CHF 5 346 million, equivalent to an increase of 5.6% in local currencies. Revenue rose by 2.7% to CHF 4 769 million (+2.9% in local currencies). Operating profit (EBIT) increased by 10.7% to CHF 558 million (+10.1% in local currencies) and the EBIT margin reached 11.7% (first half of 2016: 10.9%). Net profit grew by 12.6% to CHF 419 million (first half of 2016: CHF 372 million) and cash flow from operating activities was CHF 441 million (first half of 2016: CHF 427 million).