Continuous EBIT Margin Improvement
For the seventh consecutive quarter, Schindler improved its year-on-year EBIT margin, reaching 11.7% in Q3 2024.
Order Intake and Modernization Growth
Schindler recorded an order intake growth of 5.5% in local currency and a significant 20% year-on-year increase in modernization orders in Q3 2024.
Share Buyback Program Announcement
Schindler plans to launch a CHF 500 million share buyback program over up to 2 years, demonstrating commitment to value creation for investors.
Strong Operating Cash Flow Improvement
Schindler achieved a significant operating cash flow improvement of 27%, driven by operating profit improvement and better net working capital management.
Recognition by External Institutions
Schindler was ranked by Newsweek Statista and TIME Magazine as one of the top trustworthy companies and best companies globally in 2024.