Report
Delphine Brault

Schindler Holding Ltd : A transition year in 2019 described by the management

>Cautious tone at the meeting with the management - At a sell-side group meeting with the CEO Thomas Oetterli and the CFO Urs Scheidegger, we noted that despite good expected sales growth (4-6% in local currencies in 2019), the EBIT margin should be roughly stable (we expected +20bp): Schindler’s strategic investments (digital twin, modularity, quality process, etc.) are likely to absorb an additional 30-40bp of margin, partly offset by productivity gains. The positiv...
Underlying
Schindler Holding AG Pref

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Delphine Brault

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