Schindler Holding Ltd : A fairly soft quarter expected on 26 April
>Q1 is set to be the low quarter of 2019 - Management had said recently that given the seasonality and cost phasing, Q1 was likely to be soft ahead of a gradual improvement over the rest of the year: we expect order intake of CHF 2.604bn, revenues of CHF 2.48bn (+2.5% in lc), EBIT of € 269m (margin of 10.9% under IFRS 16) and net profit of CHF 196m. After good billing at end-2018 (Q4 sales +6.5% in lc), project phasing could undermine Q1 somewhat, while on the cost fr...Schindler Holding is a holding company. Co. through its subsidiaries is engaged in the production of escalators, elevators and moving walks. Co. operates globally in one main division: Elevators and Escalators. The Elevators and Escalators division provides a range of elevators for different applications, including freight and special elevators, high-rise elevators, residential elevators and commercial elevators. Co. also provides commercial and public transport escalators and inclined and horizontal moving walks.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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