Annual Results 2013: Successful Group expansion in growth markets
As part of its growth strategy, Schindler generated a 7.2% increase in orders received and a 8.4% increase in revenue in local currencies in 2013.
In Swiss francs, orders received rose by 5.5% and revenue by 6.7%. In addition, Schindler invested in the construction of new production plants in China, India, the USA, and Slovakia, and created around 3 000 new positions worldwide. In the reporting year, operating profit (EBIT) decreased by 9.5% to CHF 896 million
(–7.6% in local currencies), corresponding to an EBIT margin of 10.2%. Net profit totaled CHF 463 million, or CHF 682 million excluding the impairments of
CHF 219 million relating to the Hyundai participation.