Key figures Q1/2016: Increase in revenue, EBIT and profit
April 28, 2016 at 12:36 am EDT
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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
Schindler Holding AG is a Switzerland-based holding company that specializes in the manufacture of escalators, elevators and moving walks. It operates globally within one main segment: Elevators and Escalators. The Elevators and Escalators segment provides a range of elevators for different applications, including freight and special elevators, high-rise elevators, residential elevators and commercial elevators. It also offers commercial and public transport escalators, as well as inclined and horizontal moving walks. It's affiliated company, ALSO Holding AG, which provided information and communications technology and consumer electronics in the wholesale and logistics sectors, was disposed during 2011 and merged with Actebis GmbH, forming ALSO-Actebis Holding AG. In June 2014, closed the real estate development project Mall of Switzerland (formerly EbiSquare) together with Halter AG and sold its stake in EbiSquare AG to Halter AG