Schindler Holding Ltd. · SIX:SCHN
Schindler — Schindler Hldg Ag Akt — FY2025 Earnings Presentation
26 slides from Schindler's earnings presentation, Feb 11, 2026
Slide 1: Annual results 2025
Annual results 2025 February 11, 2026 © Schindler 2026 I © Schindler 2026 I We Elevate I February 11, 2026 I Investor Relations
Slide 2: Agenda
Agenda 1. 2025 highlights, 2026 market outlook Paolo Compagna 2. Financial results 2025, 2026 guidance Carla De Geyseleer 3. Q&A Paolo Compagna/ Carla De Geyseleer 2 I © Schindler 2026 I We Elevate I February 11, 2026 I Investor Relations
Slide 3: FY25 – Operational recovery completed
FY25 – Operational recovery completed Now focused on profitable growth 2025 guidance Modernization Maintenance Product delivered growth portfolio momentum +1.3% +19% +MSD FY25 revenue in LC Order growth (LC) Standardized modular platform, Portfolio growth y/y (value in LC) US mid-rise, standardized
Slide 4: Market development 2025
Market development 2025 Strong finish to the year in Americas and Asia-Pacific ex. China APAC Units Americas EMEA China w/o China Global Service + + + ++ + Modernization (value) ++ ++ +++ ++ ++ New Installations + ––– ++ –– 0 to <5% + 0 to > –5% – 5% to 10% + + –5% to –10% – – >10% + + + < –10% – –
Slide 5: Schindler order intake by region and product line – 2025
Schindler order intake by region and product line – 2025 Modernization drives order growth, NI ex. China improving Indicative APAC Schindler Units Americas EMEA China w/o China 1) Global revenue split Service – + + ++ + New Installations Modernization (value) +++ +++ +++ ++ +++ Modernization and New
Slide 6: Market outlook 2026
Market outlook 2026 Solid growth in MOD with recovering NI markets ex. China APAC Units Americas EMEA China w/o China Global Service + + + ++ + Modernization (value) ++ ++ +++ ++ ++ New Installations + + ––– ++ –– 0 to <5% + 0 to > –5% – 5% to 10% + + –5% to –10% – – >10% + + + < –10% – – – Stable S
Slide 7: Agenda
Agenda 1. 2025 highlights, 2026 market outlook Paolo Compagna 2. Financial results 2025, 2026 guidance Carla De Geyseleer 3. Q&A Paolo Compagna/ Carla De Geyseleer 7 I © Schindler 2026 I We Elevate I February 11, 2026 I Investor Relations
Slide 8: Sustained profitability improvement and operating cash flow at high level
Sustained profitability improvement and operating cash flow at high level in CHF million 1) Q4 25 vs. Q4 24 Order intake Revenue Operating cash flow YoY growth +1.6% +6.0% +4.6% +0.7% +0.8% –2.2% +2.5% +0.4% –0.5% +2.6% in LC 662 540 523 2 907 2 947 2 939 2 855 2 732 2 755 2 638 2 789 2 668 2 792 26
Slide 9: Order intake
Order intake FX headwinds offsetting organic growth Q4 in CHF million FY 25 in CHF million 317 33 11500 419 15 9 2200 907 11394 313 – 456 2 789 82 – 141 Q4 24 Organic Acquisitions FX Q4 25 2024 Organic Acquisitions FX 2025 growth growth YoY growth in LC +0.8% +3.1% YoY growth in CHF –4.1% –0.9% 9 I
Slide 10: Revenue
Revenue Organic growth driven by Modernization Q4 in CHF million FY 25 in CHF million 120 22 66 8 11500 236 2200 855 2137 792 – 137 10211 947 – 431 Q4 24 Organic Acquisitions FX Q4 25 2024 Organic Acquisitions FX 2025 growth growth YoY growth in LC +2.6% +1.3% YoY growth in CHF –2.2% –2.6% 10 I © Sc
Slide 11: Operating profit
Operating profit Improvement mainly driven by efficiency gains, pricing and mix Q4 in CHF million FY 25 in CHF million 1 454 163 8 1 344 1 384 1 266 – 53 357 377 35 21 362 321 – 15 EBIT adj. EBIT adj. EBIT Operational Adjustments FX EBIT EBIT adj. EBIT adj. EBIT Operational Adjustments FX EBIT Q4 24
Slide 12: Net profit
Net profit Driven by operational improvement Q4 in CHF million FY 25 in CHF million 1 073 1 010 262 277 Q4 24 Q4 25 FY 24 FY 25 9.2% Margin 9.9% 9.0% Margin 9.8% 2.35 Earnings per share (CHF) 2.44 8.83 Earnings per share (CHF) 9.48 12 I © Schindler 2026 I We Elevate I February 11, 2026 I Investor Re
Slide 13: Operating cash flow
Operating cash flow Improved operating profit offset by moderation in working capital Q4 in CHF million FY 25 in CHF million 118 1 595 1 490 – 216 –7 41 662 – 132 523 – 48 Q4 24 Operating Change in Others Q4 25 FY 24 Operating Change in Others FY 25 profit NWC profit NWC 13 I © Schindler 2026 I We E
Slide 14: Proposed dividend CHF 6.00 + 0.80 extraordinary
Proposed dividend CHF 6.00 + 0.80 extraordinary In line with payout ratio range of 50 – 80% +0.80 6.00 +1.00 6.00 4.00 4.00 2022 2023 2024 2025 Payout ratio (%) 70 62 68 72 Dividend yield (%)1 2.1 2.4 2.3 2.2 1) Dividend yield based on closing price of registered share on the day of the Board of Dir
Slide 15: Sustainable performance across cycles
Sustainable performance across cycles Capital-efficient service model consistently converts operating performance into strong cash flow Balanced global footprint Solid growth in Service Steady growth, substantial FX impacts Revenue split (CHF) Service portfolio Service revenue Revenue growth (CHF) i
Slide 16: 2026 guidance
2026 guidance 13% EBIT margin Low to mid-single digit local currency revenue growth Tailwinds Headwinds ▪ Continuous operational improvement ▪ Tariff impact and market uncertainty ▪ Pricing discipline ▪ Continued China NI market pressures ▪ Growing Modernization markets ▪ Mix impact ▪ Recovering NI
Slide 17: Schindler Capital Markets Day June 3, 2026
Schindler Capital Markets Day monsieur June 3, 2026 Ebikon, Switzerland 17 I © Schindler 2026 I We Elevate II February February 11, 2026 II Investor 11,2026 InvestorRelations Relations
Slide 18: Agenda
Agenda 1. 2025 highlights, 2026 market outlook Paolo Compagna 2. Financial results 2025, 2026 guidance Carla De Geyseleer 3. Q&A Paolo Compagna/ Carla De Geyseleer 18 I © Schindler 2026 I We Elevate I February 11, 2026 I Investor Relations
Slide 19: Q&A
Q&A 19 I © Schindler 2026 I We Elevate I February 11, 2026 I Investor Relations
Slide 20: Appendix
Appendix 20 I © Schindler 2026 I We Elevate I February 11, 2026 I Investor Relations
Slide 21: Key figures as of December 31, 2025 (Q4)
Key figures as of December 31, 2025 September to December In CHF million Q4 2025 Q4 2024 r% r% in LC Order intake 1) 2 789 2 907 –4.1 0.8 Revenue 2 792 2 855 –2.2 2.6 Operating profit (EBIT) 362 321 12.8 17.4 in % 13.0 11.2 Operating profit (EBIT), adjusted 377 2) 357 3) 5.6 9.8 in % 13.5 12.5 Finan
Slide 22: Key figures as of December 31, 2025 (FY)
Key figures as of December 31, 2025 January to December In CHF million FY 2025 FY 2024 r% r% in LC Order intake 1) 11 313 11 419 –0.9 3.1 Revenue 10 947 11 236 –2.6 1.3 Operating profit (EBIT) 1 384 1 266 9.3 13.5 in % 12.6 11.3 Operating profit (EBIT), adjusted 1 454 2) 1 344 3) 8.2 12.3 in % 13.3
Slide 23: Quarterly overview
Quarterly overview Key figures In CHF million 2025 2024 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Order intake 2 789 2 638 2 939 2 947 2 907 2 728 2 996 2 788 Revenue 2 792 2 668 2 755 2 732 2 855 2 788 2 920 2 673 Operating profit (EBIT) 362 347 346 329 321 327 326 292 in % 13.0 13.0 12.6 12.0 11.2 11.7 11.2 10.9 Op
Slide 24: Balance sheet
Balance sheet In CHF million 31.12.2025 in % 31.12.2024 in % Cash and cash equivalents 2 304 19.6 2 599 21.7 Other current assets 5 950 50.8 5 689 47.4 Total current assets 8 254 70.4 8 288 69.1 Non-current assets 3 468 29.6 3 709 30.9 Total assets 11 722 100.0 11 997 100.0 Current liabilities 5 487
Slide 25: Schindler order intake by region and product line – Q4 2025
Schindler order intake by region and product line – Q4 2025 APAC Units Americas EMEA China w/o China 1) Global Service – + + ++ + Modernization (value) ++ +++ +++ – +++ New Installations + + ––– +++ ––– 0 to <5% + 0 to > –5% – 5% to 10% + + –5% to –10% – – >10% + + + < –10% – – – Stable Note: Modern
Slide 26: Calendar 2026
Calendar 2026 2026 Full year results analyst and media conference February 11 Ordinary General Meeting Schindler Holding Ltd. March 24 Publication of key figures as of March 31 April 23 Capital Markets Day June 3 Publication of Interim Report as of June 30 July 21 Publication of key figures as of Se