Key figures Q3/2016: Progress in a challenging market environment
October 25, 2016 at 12:37 am EDT
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In the reporting period Schindler increased orders received, revenue and net profit despite increasingly challenging markets. Orders received rose by 4.3% to CHF 7 675 million (+3.9% in local currencies). Revenue was up by 3.7% to CHF 7 054 million (+3.6% in local currencies), while operating profit (EBIT) increased by 7.7% to CHF 781 million (+8.1% in local currencies) and the EBIT margin improved to 11.1% (first nine months of 2015: 10.7%). There was a 6.0% rise in net profit to CHF 586 million.
Schindler Holding Ltd. published this content on 25 October 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 October 2016 04:37:02 UTC.
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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
SCHINDLER HOLDING AG 
