Press release
August 15, 2017
Sustained growth and improved results
Schindler achieved solid growth, made further operational progress, and significantly increased its operating profit in the first half of 2017. As a result of its well-balanced geographical presence, orders received grew by 5.2% to CHF 5 346 million, equivalent to an increase of 5.6% in local currencies. Revenue rose by 2.7% to CHF 4 769 million (+2.9% in local currencies). Operating profit (EBIT) increased by 10.7% to CHF 558 million (+10.1% in local currencies) and the EBIT margin reached 11.7% (first half of 2016: 10.9%). Net profit grew by 12.6% to CHF 419 million (first half of 2016: CHF 372 million) and cash flow from operating activities was CHF 441 million (first half of 2016: CHF 427 million).
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