Foundations for profitable growth
12.02.2025 - 06:30:21Foundations for profitable growth. Schindler Holding AG / CH0024638212
| Schindler Holding AG / Key word(s): Annual Results 12-Feb-2025 / 06:30 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. Ad hoc announcement pursuant to Art. 53 LR Annual Results 2024 Order intake and revenue: growth amidst challenging market conditions Continued operational improvement: EBIT reported 11.3% Net profit: CHF 1.0 bn, 9.0% Cash flow from operating activities: CHF 1.6 bn, up 25% Dividend of CHF 6.00 per registered share and per participation certificate, payout ratio 68% For the year 2024, order intake and revenue reached CHF 11 325 million and CHF 11 236 million, equivalent to a growth in local currencies of 2.2% and 0.8%, respectively. Operating profit increased to CHF 1 266 million, corresponding to an EBIT margin of 11.3%. The EBIT adjusted margin reached 12.0%. Net profit rose to CHF 1 010 million, corresponding to a net profit margin of 9.0%. Cash flow from operating activities increased by 25% to CHF 1 595 million. About Schindler Founded in Switzerland in 1874, the Schindler Group is a leading global provider of elevators, escalators, and related services. Schindler’s mobility solutions move more than 2 billion people every day all over the world. Behind the company's success are over 69,000 employees in more than 100 countries. Schindler is committed to reaching net-zero emissions by 2040 through a 90% absolute reduction of its greenhouse gas emissions in scope 1, 2 and 3 from a 2020 baseline as its long-term science-based emission reduction target, while working to neutralize its residual emissions. More information Katherine Lee | Head of External Communications Phone +41 414 45 36 11 | Mobile +41 79 712 94 99 katherine.lee@schindler.com Lars Brorson | Head of Investor Relations Phone +41 414 45 40 36 | Mobile +41 79 543 38 74 lars.brorson@schindler.com Schindler Management Ltd. Zugerstrasse 13 6030 Ebikon Switzerland End of Inside Information |
| Language: | English |
| Company: | Schindler Holding AG |
| Zugerstrasse 13 | |
| 6060 Ebikon | |
| Switzerland | |
| Phone: | +41414453060 |
| E-mail: | corporate.communications@schindler.com |
| Internet: | www.schindler.com |
| ISIN: | CH0024638212, CH0024638196 |
| Valor: | 002463821 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 2084821 |
| End of Announcement | EQS News Service |
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