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

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Schindler Holding Ltd : Schindler To Build New Escalator Factory In India

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09/13/2012 | 05:51pm CET

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 2017 10 128 M
EBIT 2017 1 196 M
Net income 2017 818 M
Finance 2017 2 083 M
Yield 2017 1,49%
P/E ratio 2017 29,03
P/E ratio 2018 26,32
EV / Sales 2017 2,14x
EV / Sales 2018 1,99x
Capitalization 23 792 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 218  CHF
Spread / Average Target -2,3%
EPS Revisions
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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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