Improving operating performance and increasing profitability
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Schindler Holding AG / Key word(s): Annual Results Ad hoc announcement pursuant to Art. 53 LR Annual Results 2023
For the full year 2023, amidst challenging markets, both order intake and revenue increased to CHF 11 439 million and CHF 11 494 million, respectively. In local currencies the growth was 1.7% and 7.4%. Operating profit increased to CHF 1 188 million corresponding to an EBIT margin of 10.3%. The EBIT adjusted margin reached 10.9%, up from 9.2% in 2022. Net profit rose significantly to CHF 935 million, corresponding to a net profit margin of 8.1%. Cash flow from operating activities increased by 84.7% to CHF 1 271 million.
About Schindler More information Marco Knuchel | Head Investor Relations Schindler Management Ltd. Tel. +41 41 445 32 32 End of Inside Information |
| 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: | 1836679 |
| End of Announcement | EQS News Service |
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1836679 14-Feb-2024 CET/CEST
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