Orders received reached CHF 2 442 million in the first quarter of 2014, exceeding the same period of the previous year by 3.6% (+8.9% in local currencies). Revenue grew by 3.4% to CHF 2 047 million (+8.8% in local currencies). Operating profit (EBIT) amounted to CHF 205 million, corresponding to an EBIT margin of 10.0%. At CHF 160 million, net profit decreased by 3.6% compared to the first quarter of 2013. Cash flow rose by 16.4% to CHF 355 million. Currency translation effects had a significant negative impact on the performance reported in Swiss francs.
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 
