Schindler Holding AG Reports Strong Q1 2025 Despite Challenges

Schindler Holding AG announced a robust performance for the first quarter of 2025, overcoming market uncertainties. The company reported significant growth in order intake and revenue, amounting to CHF 2,947 million and CHF 2,732 million, respectively. This reflects an increase of 6.0% and 2.5% in local currencies, except for China, which showed no growth.

The operational profitability of Schindler also witnessed an enhancement, with the EBIT margin recorded at 12.0%. The net profit stood at CHF 257 million, making up 9.4% of the revenue. Cash flow from operating activities was strong, reaching CHF 540 million, marking a 6.5% increase.

Schindler has launched Schindler X8, showcasing its ongoing focus on innovation. The company reaffirmed its 2025 outlook with expectations for low single-digit revenue growth in local currencies and maintaining an EBIT margin around 12%.