Schindler Holding Ltd.

Latest Results (31.08.2026):

Schindler Holding Ltd. — Q2 2026: Schindler reported Q2 2026 revenue of CHF 2,736 million (−0.7% year‑on‑year; +1.1% in local currencies) and order intake of CHF 2,968 million (+1.0% y/y; +2.9% Lc). Operating profit (EBIT) for Q2 was CHF 369 million with a 13.5% margin. For the first half of 2026, revenue was CHF 5,329 million, EBIT CHF 706 million (13.2% margin, +90 bps y/y), net profit CHF 542 million (10.2% margin) and operating cash flow CHF 617 million. Schindler reiterated 2026 guidance of low‑ to mid‑single‑digit revenue growth in local currencies and an EBIT reported margin of ~13%.

Revenue and order intake

Q2 order intake: CHF 2,968m (+1.0% y/y; +2.9% local). H1 order intake: CHF 5,794m (−1.6% y/y; +2.9% local); FX headwinds −CHF 262m. Q2 revenue: CHF 2,736m (−0.7% y/y; +1.1% local). H1 revenue: CHF 5,329m (−2.9% y/y; +1.4% local); FX headwinds −CHF 233m.

Profitability and margins

Q2 EBIT CHF 369m, margin 13.5% (prior year 12.6%). H1 EBIT CHF 706m, margin 13.2% (prior 12.3%). Adjusted EBIT margin Q2 13.9% and H1 13.5%, driven by operational efficiencies, mix improvements and pricing.

Net profit and EPS

Q2 net profit CHF 280m (EPS CHF 2.49). H1 net profit CHF 542m (EPS CHF 4.83), net margin 10.2% (prior year 9.7%).

Cash flow and working capital

Operating cash flow Q2 CHF 85m (−47.9% y/y); H1 CHF 617m (−12.2% y/y), decline mainly due to higher working capital requirements.

Order backlog and regional trends

Order backlog at June 30, 2026: CHF 8,407m (+4.9% y/y). Management highlighted growth in New Installations outside China, strong Modernization growth and steady Service performance; revenue rose in local currencies across regions except China.

CapEx and investments

Investments in property, plant & equipment H1 CHF 74m (prior CHF 42m); Q2 CHF 28m. Adjustments and expenses for initiatives such as BuildingMinds are disclosed separately in adjusted measures.

Guidance

2026 guidance reiterated: barring unexpected events, Schindler expects low‑ to mid‑single‑digit revenue growth in local currencies and an EBIT reported margin of ~13%.

Design & innovation recognition

Schindler received Red Dot and iF Design Awards for the Schindler X8 and was named among Europe’s most innovative companies by Fortune/Statista—supporting management’s comments on product momentum.