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Schindler Q4 Profit Climbs as Margins Rise

Investing.com •
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Schindler, the Swiss elevator maker, posted a fourth‑quarter net profit of CHF 277 million, up from CHF 262 million a year earlier. Operating profit rose to CHF 362 million, pushing the operating margin to 13% from 11.2%. The lift came from tighter cost control and higher pricing, offsetting a 2.2% revenue decline to CHF 2.79 billion.

Revenue slipped 2.2% year‑on‑year, while order intake fell 4.1% to CHF 2.79 billion, reflecting softer demand for new installations. In local currencies, however, revenue grew 2.6% and intake rose 0.8%. Foreign‑exchange swings shaved CHF 431 million from full‑year revenue and CHF 456 million from intake.

Full‑year results show net profit at CHF 1.07 billion, up from CHF 1.01 billion, on revenue of CHF 10.95 billion, down 2.6%. Operating profit climbed to CHF 1.38 billion, lifting the margin to 12.6%. Order intake for the year was CHF 11.31 billion, a 0.9% drop, while the backlog fell to CHF 7.81 billion.

CEO Paolo Compagna said 2025 marked the end of a recovery that began in 2022, and that the company is now stronger. The firm will propose a CHF 6 dividend per share plus an extraordinary CHF 0.80 payment at its March 24 AGM. Cash flow from operations fell 7% to CHF 1.49 billion, mainly due to working‑capital moderation.