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United States

Schindler Holding AG (SCHP.S)

SCHP.S on Virt-X Level 1

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Fri, Aug 17 2018

Schindler raises FY revenue guidance as Q2 orders beat consensus

Aug 17 Swiss elevator and escalator maker Schindler Holding reported on Friday better-than-expected order intake in the second quarter on strong growth across its markets, and raised its full-year revenue growth outlook.

BRIEF-Schindler Holding H1 Net Profit Up 23.2 Pct To CHF 516 Million

* H1 ORDER INTAKE GREW BY 9.8% TO CHF 5 869 MILLION (+7.9% IN LOCAL CURRENCIES)

BRIEF-Schindler Holding: Positive Impact From Tax Refund

* IN Q2 2018 A ONE-TIME POSITIVE IMPACT OF CHF 55 MILLION WAS RECOGNIZED IN GROUP'S NET PROFIT

BRIEF-Schindler Holding Successfully Places CHF 500 Mln Domestic Bond In Two Tranches

* SUCCESSFULLY PLACES CHF 500 MILLION DOMESTIC BOND IN TWO TRANCHES

BRIEF-Schindler Holding: Margins Possibly To Improve During The Year - Conf Call

* THERE IS A GOOD CHANCE TO FURTHER IMPROVE MARGINS DURING THE YEAR - CONF CALL Further company coverage: (Gdynia Newsroom)

Schindler's Q1 profit rises on strong Asia-Pacific growth

April 26 Swiss elevator and escalator maker Schindler said on Thursday first-quarter net profit rose 16.2 percent from last year to 208 million francs ($211.79 million), buoyed by a faster pace of growth in the Asia Pacific region.

BRIEF-Schindler Holding Q1 Net Profit Up 16.2 Pct At CHF 208 Million

* Q1 REVENUE ROSE BY 9.4% TO CHF 2 473 MILLION (+8.9% IN LOCAL CURRENCIES)

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