2020

14.02.2020 – Schindler Holding AG

Another year of growth

Annual Results 2019

Press release
February 14, 2020

Another year of growth

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.

The Annual Report is available online from 6.30 CET at:

https://www.schindler.com/com/internet/en/investor-relations/reports.html

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

Dial in details to today's annual results presentation at 9.30 CET are available at:

https://www.schindler.com/com/internet/en/investor-relations/conference-call-details.html


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