on Schindler Holding AG (isin : CH0024638212)
Schindler Reports Steady Growth in 2024 Annual Results
Schindler Holding AG has released its annual results for 2024, showing growth in order intake and revenue despite challenging market conditions. The company reported an order intake of CHF 11,325 million and revenue of CHF 11,236 million, marking respective growths of 2.2% and 0.8% in local currencies.
The operational performance improved significantly with an EBIT margin of 11.3%, while the adjusted EBIT margin slightly higher at 12.0%. Schindler's net profit rose to CHF 1,010 million, equating to a net profit margin of 9.0%. The company's cash flow from operating activities also improved, increasing by 25% to CHF 1,595 million.
The company announced a dividend of CHF 6.00 per registered share and participation certificate, with a payout ratio of 68%.
R. H.
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