Schindler raises the bar
Ebikon - Schindler has posted slight revenue growth in local currencies for the first 9 months of the year. Operating profit and net profit increased more markedly year on year. The global escalator, moving walkway and elevator manufacturer has now increased its target EBIT margin for the full year to 12.5 percent.
The Schindler Group generated global sales totaling 8.16 billion Swiss francs in the first nine months of 2025, as the business group specializing in escalators, moving walkways and elevators from Ebikon in the Swiss canton of Lucerne writes in a press release. Year on year, this equates to growth of +0.8 percent in local currencies. Across the same period, order intake increased by +3.8 percent in local currencies to stand at 8.52 billion Swiss francs.
Both the order intake situation and revenue at Schindler were supported by the group’s Modernization and Service business during the reporting period. However, demand and revenue in the New Installations business were weaker than in the previous year. «With standardized Modernization solutions, we’ve been driving growth and have enhanced our competitiveness», comments Schindler CEO Paolo Compagna in the press release.
Operating profit at the level of EBIT came in at 1.02 billion Swiss francs, reflecting growth of 77 million Swiss francs versus the prior year. A sum of 796 million Swiss francs was reported as net profit, as against 748 million Swiss francs in the same period of the previous year. The EBIT margin increased by 1.2 percentage points to 12.5 percent. For the full year, Schindler has now raised its target EBIT margin to 12.5 percent, while the medium-term target for the margin remains at 13 percent.
In the same press release, Schindler has also communicated its most recent activities in the area of sustainability. «Reflecting on our commitment to help decarbonize cities, we can now offer a low carbon-emissions steel elevator, supporting our customers in reaching their emission reduction targets», Compagna adds.
