Schindler Holding Ltd : Conference call with management: cautiously optimistic for 2021 and potential acquisitions
>A 2021 EBIT margin forecast up, despite headwinds and 12-13% achievable in the medium term - At a conference last Friday, Schindler's management (CEO and CFO) discussed, among other things, its ambitions in terms of the adjusted EBIT margin. It acknowledged that an adjusted EBIT margin level of 11% was not satisfactory level and hopes to reach 12-13% in the medium term (consensus was at 11.9% for 2022 prior to the Q4 2020 publication). For 2021, many headw...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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