Schindler with lower revenue and profit for first nine months of 2020, mixed recovery in Q3 2020 Freitag, 23. Oktober 2020 - 06:30

Press release

October 23, 2020

Schindler with lower revenue and profit for first nine months of 2020, mixed recovery in Q3 2020

Order intake –10.5%, revenue –6.6%, operating profit (EBIT) adjusted –11.2%, net profit –19.4% year-on-year for first nine months 2020
Cash flow from operating activities increased to CHF 955 million

For the first nine months of 2020, Schindler reports a revenue drop of 6.6% to CHF 7 713 million, equivalent to a decrease of 0.7% in local currencies. Order intake in the first nine months of 2020 decreased by 10.5% to CHF 8 067 million (–4.7% in local currencies).

For more information:

Nicole Wesch, Head Corporate Communications
Tel. +41 41 445 50 90, nicole.wesch@schindler.com

Marco Knuchel, Head Investor Relations

Tel. +41 41 445 30 61, marco.knuchel@schindler.com