Annual Results 2019
February 14, 2020
In 2019, markets faced growing global political and economic uncertainty, protectionism, currency volatility, and rising labor costs. Within this context, Schindler continued to grow while adapting to these changes. Order intake grew by 3.9% to CHF 12 123 million and revenue rose by 3.6% to CHF 11 271 million. Operating profit reached CHF 1 258 million, corresponding to an EBIT margin of 11.2%. Net profit amounted to CHF 929 million, and cash flow from operating activities improved to CHF 1 185 million.