Strong revenue growth
Against the backdrop of a difficult economic environment, Schindler generated a 7.1% increase in orders received to CHF 4 860 million and a 7.0% increase in revenue to CHF 4 250 million. In local currencies, orders received and revenue grew by 7.0%. Group operating profit (EBIT) totaled CHF 470 million, corresponding to an EBIT margin of 11.1% (first half of 2012: 11.7%). Net profit amounted to CHF 206 million (first half of 2012: CHF 339 million). Adjusted for the extraordinary impairment of the Hyundai participation in the amount of CHF 155 million that was announced in June 2013, net profit exceeded the result for the first half of 2012 by 6.5%. Cashflow from operating activities was CHF 478 million, corresponding to an increase of 26.5%.