Schindler Holding Ltd : Slight upward revision to estimates, target price unchanged at CHF 265
>Headwinds in 2019e but Schindler should improve - Growth in markets in 2019 will likely be weaker than in 2018, and headwinds persist, including sustained wage and material inflation and international tensions. However, the group should reap more benefits from its "modularity" programme and pursue its beneficial productivity efforts, increasing margins in our estimates. Following the Q4 2018 results publication, the CEO and CFO underscored the following points: 1/ th...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.