Annual Results 2016

Press release

February 15, 2017

Growth strategy yielding results

In a challenging environment, Schindler further strengthened its market position and achieved operational progress. Orders received, revenue, and operating profit reached record levels. Orders received rose by 4.1% to CHF 10 374 million (4.6% in local currencies). Revenue grew by 3.1% to CHF 9 683 million (3.6% in local currencies). Operating profit (EBIT) increased by 13.1% to CHF 1 133 million (13.9% in local currencies) and the EBIT margin was 11.7% (previous year: 10.7%). Before exceptional items, the EBIT margin was 11.5%. Net profit improved by 10.2% to CHF 823 million. Before exceptional items, net profit was CHF 766 million.

The Annual Report is available online from 6:30 CET at: www.schindler.com/com/internet/en/investor-relations/reports.html

For further information please contact:

Nelly Keune, Senior Communications Manager

Tel. +41 41 445 30 60, nelly.keune@ch.schindler.com

Marco Knuchel, Head Investor Relations

Tel. +41 41 445 30 61, marco.knuchel@ch.schindler.com

Dial in details to today's annual results presentation at 9:30 CET are available at:www.schindler.com under Investor Relations/Conference Calls


Attachment: Full version of press release with selected key figures as of December 31, 2016 (pdf)



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