Schindler Holding Ltd : Slight downward adjustment to our forecasts. The upside’s intact
>Key points from the Q3 conference call - The CEO and CFO highlighted that: 1/ revenue is growing in all regions and all product lines; 2/ demand is in excellent shape generally, and China is set to be flat in terms of new installations (NI) units in 2018 with robust growth in services; Brazil is growing again; 3/ China is also sending contradictory signals (e.g. renewed growth in floor space started, but weak floor space sold) and Schindler’s CEO was cautious on new ...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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