The performance in the first quarter of 2016 confirms the effectiveness of Schindler's strategy. In the first quarter of 2016, orders received totaled CHF 2 467 million, an increase of 1.0% from CHF 2 443 million in the first quarter of 2015 (+2.0% in local currencies). Revenue grew by 1.8% to CHF 2 176 million (+3.3% in local currencies). Operating profit (EBIT) improved by 5.9% to CHF 235 million (+9.5% in local currencies). The EBIT margin rose from 10.4% to 10.8%. Net profit was CHF 182 million, exceeding the result for the first quarter of 2015 by 8.3%.

>Full version of the press release with selected key figures as of March 31, 2016 [PDF, 37 kB]

Schindler Holding Ltd. issued this content on 28 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 April 2016 04:35:26 UTC

Original Document: http://www.schindler.com/com/internet/en/media/press-releases-english/press-releases-2016/key-figures-q1-2016.html