Schindler reports encouraging growth for the first half of 2021
EQS Group-Ad-hoc: Schindler Holding AG / Key word(s): Quarterly / Interim Statement Ad hoc announcement pursuant to Art. 53 LR For the first half of 2021 and compared to a weak prior-year period, order intake rose by 12.8% to CHF 6 043 million and revenue increased by 10.4% to CHF 5 475 million. Operating profit reached CHF 607 million, corresponding to an EBIT margin of 11.1% (EBIT adjusted 11.7%). With these results, revenue and operating results broadly reached pre-pandemic levels, while order intake remained slightly below 2019 levels. Net profit amounted to CHF 455 million and cash flow from operating activities improved to CHF 721 million. The Top Speed 23 program has been ramping up with expenses starting to arise in the second half of the year and beyond.
About Schindler: More information: Nicole Wesch, Head Global Communications Marco Knuchel, Head Investor Relations Schindler Management Ltd. Tel. +41 41 445 32 32 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: | 1221169 |
End of Announcement | EQS Group News Service |
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1221169 23-Jul-2021 CET/CEST