{"id":110817,"date":"2024-08-02T10:39:06","date_gmt":"2024-08-02T08:39:06","guid":{"rendered":"https:\/\/www.immo-invest.ch\/?p=110817"},"modified":"2024-07-19T13:44:11","modified_gmt":"2024-07-19T11:44:11","slug":"schindler-wirtschaftet-profitabler","status":"publish","type":"post","link":"https:\/\/www.immo-invest.ch\/en\/schindler-wirtschaftet-profitabler\/","title":{"rendered":"Schindler operates more profitably"},"content":{"rendered":"<p class=\"bodytext\"><a href=\"https:\/\/group.schindler.com\/en.html\" target=\"_blank\" rel=\"noopener\">Schindler<\/a> generated global sales totaling 5.59 billion Swiss francs in the first half of the 2024 financial year, the elevator manufacturer from the canton of Lucerne reported in a <a href=\"https:\/\/group.schindler.com\/content\/dam\/website\/group\/docs\/investors\/2024\/2024-schindler-h1-press-release-de.pdf\/_jcr_content\/renditions\/original.\/2024-schindler-h1-press-release-de.pdf\" target=\"_blank\" rel=\"noopener\">press release<\/a>. This corresponds to a year-on-year decline of 2.3 percent. This is due to negative foreign currency effects: In local currencies, sales were 1.4 percent higher than in the previous year.<\/p>\n<p class=\"bodytext\">At CHF 618 million, the operating result at EBIT level was 2.7% higher than in the previous year. The corresponding margin rose from 10.5 to 11.0 percent. &#8220;We have been able to continuously improve our margins for six consecutive quarters and have kept our promise to become more profitable,&#8221; said Silvio Napoli, Chairman of the Board of Directors and CEO of Schindler, in the press release. &#8220;Strengthening our competitiveness is and remains crucial in this market environment.&#8221;<\/p>\n<p class=\"bodytext\">Schindler reported a net profit of 494 million Swiss francs in the half-year under review, with a profit margin of 8.8 percent. In the first half of 2023, net profit of CHF 463 million was realized.<\/p>\n<p class=\"bodytext\">For the current year, Schindler expects revenue growth in the low single-digit range in local currencies. The EBIT margin is to be maintained at 11 percent. Schindler is planning restructuring costs of CHF 80 million for further improvements in organizational efficiency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Schindler generated revenue of CHF 5.59 billion in the first half of 2024, which corresponds to a decline of 2.3 percent. 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