Key figures Q1/2017: Growth and increased profitability

Schindler has further strengthened its market position and has increased its profitability thanks to operational progress. In the first quarter of 2017, orders received rose by 5.7% to CHF 2 607 million (+5.9% in local currencies). Revenue grew by 3.9% to CHF 2 260 million (+3.8% in local currencies). Operating profit (EBIT) increased by 10.6% to CHF 260 million (+9.4% in local currencies) and the EBIT margin was 11.5% (first quarter of 2016: 10.8%). Net profit reached
CHF 179 million (first quarter of 2016: CHF 182 million) and cash flow from operating activities increased to CHF 356 million (first quarter of 2016: CHF 333 million).