UK Markets closed

Intensifying challenges

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Schindler Holding AG / Key word(s): Half Year Results/Quarter Results

22-Jul-2022 / 06:40 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.

Ad hoc announcement pursuant to Art. 53 LR

In the first six months of 2022, Schindler’s business continued to be under pressure, particularly due to the slowdown of the Chinese economy, COVID-related lockdowns, persistent supply chain disruptions, and steep inflation. Order intake rose by 3.0% to CHF 6 227 million and revenue decreased by 2.4% to CHF 5 345 million, while operating profit dropped to CHF 403 million, corresponding to an EBIT margin of 7.5% (EBIT adjusted 8.7%). Net profit amounted to CHF 296 million, and cash flow from operating activities reached CHF 299 million.

Press release (PDF)

 

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 69 000 employees in more than 100 countries.  

More information:
Nicole Wesch, Head Global Communications & Marketing
Tel. +41 41 445 50 90
nicole.wesch@schindler.com

Investor Relations
Marco Knuchel, Head Investor Relations
Tel. +41 41 445 30 61
marco.knuchel@schindler.com

Schindler Management Ltd.
Zugerstrasse 13
6030 Ebikon
Switzerland 

Tel. +41 41 445 32 32
Fax +41 41 445 40 40
corporate.communications@schindler.com
group.schindler.com


End of ad hoc announcement

Language:

English

Company:

Schindler Holding AG

Zugerstrasse 13

6060 Ebikon

Switzerland

Phone:

+41414453060

E-mail:

corporate.communications@schindler.com

Internet:

www.schindler.com

ISIN:

CH0024638212, CH0024638196

Valor:

002463821

Listed:

SIX Swiss Exchange

EQS News ID:

1403561


 

End of Announcement

EQS News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting