In the first nine months of the fiscal year 2018, Schindler achieved significant growth and delivered a further improvement in results despite the return of foreign exchange headwinds in the third quarter.
The order intake rose by 7.1% to CHF 8 653 million, corresponding to an increase of 6.8% in local currencies. Revenue grew by 7.9% to CHF 7 939 million (+7.6% in local currencies). Operating profit (EBIT) increased by 7.7% to CHF 926 million (+7.3% in local currencies) and the EBIT margin was 11.7%, in line with the previous year. Net profit rose by 15.1% to CHF 746 million and cash flow from operating activities improved to CHF 716 million compared to CHF 544 million in the first nine months of 2017.