22.04.2020 – Schindler Holding AG

Stable revenue in local currencies

Key figures as of March 31, 2020

Press release
April 22, 2020

Stable revenue in local currencies

For the first quarter of 2020, Schindler reports stable revenue in local currencies (–0.2%), supported by the resilience of the service business. In Swiss francs, revenue of CHF 2 447 million declined 5.2% as numerous currencies depreciated. As the impact from the COVID-19 pandemic has expanded globally, order intake in the first quarter of 2020 declined 8.4% to CHF 2 720 million (–3.2% in local currencies). The Group’s highest priority continues to be the safety and well-being of employees, their family members, customers, and the passengers who use Schindler elevators and escalators throughout the world every day.

About Schindler:

Founded in Switzerland in 1874, the Schindler Group is a leading global provider of elevators, escalators and related services. Schindler mobility solutions move more than 1.5 billion people every day all over the world. Behind the company's success are over 65,000 employees in more than 100 countries.

For further information:

Nicole Wesch, Head Corporate Communications

Tel. +41 41 445 50 90, nicole.wesch@schindler.com

Marco Knuchel, Head Investor Relations

Tel. +41 41 445 30 61, marco.knuchel@schindler.com