Schindler Holding ( (SHLAF) ) has released its Q1 earnings. Here is a breakdown of the information Schindler Holding presented to its investors.
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Schindler Holding is a global leader in the elevator and escalator industry, known for its innovative solutions and strong presence across various regions, except China.
In its latest earnings report for the first quarter of 2025, Schindler Holding showcased a robust start to the year despite market uncertainties, with significant growth in order intake and revenue, alongside the launch of a new elevator concept, Schindler X8.
The company reported an order intake of CHF 2,947 million and revenue of CHF 2,732 million, reflecting growth in local currencies of 6.0% and 2.5%, respectively. Operating profit increased to CHF 329 million, with an EBIT margin of 12.0%. Net profit rose to CHF 257 million, and cash flow from operating activities increased by 6.5% to CHF 540 million. The launch of Schindler X8 marks a significant milestone, offering advanced technology and eco-friendly features.
Despite challenges in the Chinese market, Schindler demonstrated resilience with positive growth in new installations and modernization services. The company’s strategic focus on innovation and operational efficiencies contributed to its strong financial performance.
Looking ahead, Schindler maintains a cautiously optimistic outlook, reiterating its guidance for low single-digit revenue growth in local currencies and an EBIT margin of approximately 12% for 2025, while aiming for a mid-term EBIT margin of 13%.