checkAd

     101  0 Kommentare Improving operating performance and increasing profitability

    Für Sie zusammengefasst
    • Improving operating performance and profitability
    • Order intake and revenue growth
    • Celebrating 150th anniversary with special dividend

    Schindler Holding AG / Key word(s): Annual Results
    Improving operating performance and increasing profitability

    14-Feb-2024 / 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 2023

    • Order intake and revenue: growth amidst challenging market conditions
    • Improved operating performance and profitability: operating profit adjusted up 19.9%, EBIT adjusted margin 10.9%
    • Increasing net profit and earnings per share: up 42%
    • Cash flow from operating activities: up 84.7%
    • Strong foreign exchange headwinds
    • Outlook: EBIT reported margin 11% in 2024, 13% midterm
    • Celebrating 150th anniversary: extraordinary dividend of CHF 1.00 per share to be proposed to the Shareholders’ meeting, total dividend of CHF 5.00 per share
    • Dividend payout ratio range increased to 50% – 80%

    For the full year 2023, amidst challenging markets, both order intake and revenue increased to CHF 11 439 million and CHF 11 494 million, respectively. In local currencies the growth was 1.7% and 7.4%. Operating profit increased to CHF 1 188 million corresponding to an EBIT margin of 10.3%. The EBIT adjusted margin reached 10.9%, up from 9.2% in 2022. Net profit rose significantly to CHF 935 million, corresponding to a net profit margin of 8.1%. Cash flow from operating activities increased by 84.7% to CHF 1 271 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 70,000 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

    Marco Knuchel | Head Investor Relations
    Phone +41 41 445 30 61
    marco.knuchel@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: 1836679

     
    End of Announcement EQS News Service

    1836679  14-Feb-2024 CET/CEST

    fncls.ssp?fn=show_t_gif&application_id=1836679&application_name=news&site_id=wallstreet


    EQS Group AG
    0 Follower
    Autor folgen

    Verfasst von EQS Group AG
    Improving operating performance and increasing profitability Schindler Holding AG / Key word(s): Annual Results Improving operating performance and increasing profitability 14-Feb-2024 / 06:30 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content …

    Artikel zu den Werten

    Schreibe Deinen Kommentar

    Disclaimer