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Schindler Holding AG (SCHN.S)

SCHN.S on Swiss Exchange

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CHF232.80
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Latest Key Developments (Source: Significant Developments)

Schindler FY ‍Net Profit Rises By 7.4% To CHF 884 Million​
Friday, 16 Feb 2018 12:30am EST 

Feb 16 (Reuters) - SCHINDLER HOLDING AG ::FY ORDERS RECEIVED ROSE BY 5.9% TO CHF 10 989 MILLION.FY ‍OPERATING PROFIT (EBIT) INCREASED BY 4.8% TO CHF 1 187 MILLION​.FY REVENUE GREW BY 5.1% TO CHF 10 179 MILLION.FY ‍NET PROFIT ROSE BY 7.4% TO CHF 884 MILLION​.FOR 2018, COMPANY AIMS TO ACHIEVE AN INCREASE IN REVENUE OF 3% TO 5%, MEASURED IN LOCAL CURRENCIES.PROPOSED PAYMENT OF A DIVIDEND OF CHF 4.00 PER REGISTERED SHARE AND PER PARTICIPATION CERTIFICATE‍​.DECIDED TO CHANGE THE DIVIDEND POLICY AND TO INCREASE THE DIVIDEND PAYOUT RATIO FROM 35% – 45% TO 35% – 65%.APPOINTED URS SCHEIDEGGER TO THE GROUP EXECUTIVE COMMITTEE AS CFO, EFFECTIVE APRIL 1, 2018.  Full Article

Schindler Holding expects 2018 to continue to be somehow flat in China‍​ - conf call
Tuesday, 24 Oct 2017 05:34am EDT 

Oct 24 (Reuters) - SCHINDLER HOLDING AG ::EXPECTS 2018 TO CONTINUE TO BE SOMEHOW FLAT IN CHINA‍​ - CONF CALL.QUITE OPTIMISTIC FOR THE NEXT 2-3 YEARS FOR BRAZIL - CONF CALL.SEES SIMILAR Q4 EBIT MARGIN TO THE MARGIN OF FIRST 9 MONTHS ‍​ - CONF CALL.  Full Article

Schindler Holding says confident to see more volume in H2 - conf call
Tuesday, 15 Aug 2017 05:31am EDT 

Aug 15 (Reuters) - SCHINDLER HOLDING AG ::THERE IS A RISK IN H2 IN THE CHINESE MARKET, MAYBE EVEN IN 1ST PART OF 2018‍​ - CONF CALL.CONFIDENT TO SEE MORE VOLUME IN H2 - CONF CALL.SEES FY NET INCOME FROM FINANCING AND INVESTING ACTIVITIES AS DOUBLE THE RESULT FOR H1 (-16 MILLION CHF) - CONF CALL.  Full Article

Schindler acquires Dralle Aufzüge in Germany
Thursday, 29 Jun 2017 12:30am EDT 

June 29 (Reuters) - SCHINDLER HOLDING AG ::‍IS TO FULLY ACQUIRE GERMAN DRALLE AUFZÜGE GMBH & CO KG​.  Full Article

Schindler appoints Julio Arce as a member of the group executive committee
Wednesday, 14 Jun 2017 12:32am EDT 

June 14 (Reuters) - SCHINDLER HOLDING AG :ORGANIZATIONAL CHANGES ON GROUP EXECUTIVE COMMITTEE.HAS DECIDED TO APPOINT JULIO ARCE, CURRENTLY CEO OF SCHINDLER IBERIA, AS A MEMBER OF GROUP EXECUTIVE COMMITTEE RESPONSIBLE FOR FIELD QUALITY AND EXCELLENCE.  Full Article

Schindler Holding Q1 net profit reached CHF 179 mln
Tuesday, 25 Apr 2017 12:00am EDT 

April 25 (Reuters) - Schindler Holding AG ::Q1 orders up 5.7 percent to 2,607 million Swiss francs ($2.62 billion) (+5.9 percent in local currencies), revenue up 3.9 percent to 2,260 million francs (+3.8 percent in local currencies), EBIT up 10.6 percent to 260 million francs (+9.4 percent in local currencies).Q1 net profit reached 179 milllion francs (first quarter of 2016: 182 million francs).Continues to expect an increase in revenue of between 3% and 5% in local currencies for 2017.  Full Article

Schindler Holding completes sale of its operations in Japan
Monday, 3 Oct 2016 02:47am EDT 

Schindler Holding AG : Completes sale of its operations in Japan to Otis Japan .Both parties have agreed to keep the terms and conditions of the transaction confidential.  Full Article

Schindler Holding sees 2016 negative market development of 5-7 pct in China - conf call
Tuesday, 16 Aug 2016 06:00am EDT 

Schindler Holding AG : Expects negative market development of 5-7 percent for the year in China - conf call . Does not expect a tremendous slowdown in China - conf call . Does not intend to open new points of sales in lower-tier cities in China - conf call . Expects to increase capex in H2, to increase to 160-180 million Swiss francs in FY - conf call Further company coverage: [SCHP.S] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Schindler Holding H1 revenue up 3.4 pct at CHF 4.65 billion
Tuesday, 16 Aug 2016 12:00am EDT 

Schindler Holding AG : Increased revenue by 3.4 pct to 4,645 million Swiss francs ($4.78 billion) in first half of 2016 (+3.9 pct in local currencies) . H1 net profit improved by 3.9 pct to 372 million Swiss francs . H1 operating profit (EBIT) rose by 5.9 pct to 504 million francs (+7.6 pct in local currencies) and EBIT margin reached 10.9 pct (first half of 2015: 10.6 pct) . Continues to expect that global elevator and escalator market will experience a slight decline in 2016 due primarily to weakening markets in China and Latin America .For full year 2016 - excluding any unforeseeable events - Schindler expects revenue growth of 3 pct to 5 pct in local currencies and a net profit of 750 million to 800 million francs.  Full Article

Schindler Holding to upgrade and service 225 units in Atlanta's transportation system
Friday, 12 Aug 2016 01:01am EDT 

Schindler Holding AG : Selected to upgrade and service 225 units in Atlanta's urban public transportation system .Contract will be reflected in orders received in Q3 of this year.  Full Article

BRIEF-Schindler Holding Sees Slightly Better Outlook For China In 2018 - Conf Call

* SEES SLIGHTLY BETTER OUTLOOK FOR CHINA IN 2018 THAN IN THE LAST THREE YEARS - CONF CALL