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4-Traders Homepage  >  Equities  >  Swiss Exchange  >  Schindler Holding    SCHN   CH0024638212

SCHINDLER HOLDING (SCHN)
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Schindler Holding Ltd : Schindler To Build New Escalator Factory In India

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09/13/2012 | 05:51pm CEST

Elevator and escalator maker Schindler Holding AG (SCHN.EB) Thursday said it will build new factory in India to supply the local market with escalators.

MAIN FACTS:

- The factory, located near Pune, will produce escalators for the Indian market when production begins in early 2014.

- The multi-million euro plant is to be based on a new 160,000-metre sq site in the Chakan Industrial Estate outside Pune. The site, owned by Schindler, will also be home to an R&D center and an elevator factory.

- "The new plant will enable Schindler to provide escalators at more competitive conditions for the local market," said the company's Chief Executive Officer, Juergen Tinggren. Mr Tinggren added that India is of strategic importance for Schindler and the new investment reaffirms the company's long-term commitment to this growing market.

- Currently, Schindler supplies the Indian market with escalators from its production facilities in China and Europe.

-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; [email protected]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

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Financials ( CHF)
Sales 2018 10 720 M
EBIT 2018 1 303 M
Net income 2018 977 M
Finance 2018 2 223 M
Yield 2018 2,11%
P/E ratio 2018 24,03
P/E ratio 2019 21,98
EV / Sales 2018 1,82x
EV / Sales 2019 1,69x
Capitalization 21 734 M
Chart SCHINDLER HOLDING
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Schindler Holding Technical Analysis Chart | SCHN | CH0024638212 | 4-Traders
Income Statement Evolution
Consensus
 
Mean consensus HOLD
Number of Analysts 14
Average target price 223  CHF
Spread / Average Target 8,3%
EPS Revisions
Managers
NameTitle
Thomas Oetterli Chief Executive Officer
Silvio Napoli Chairman
Christian Schulz Head-Operations
Erich Ammann Chief Financial Officer & Deputy CEO
Karl-Heinz Bauer Chief Technology Officer
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