Schindler Holding Ltd. · SIX:SCHN

Schindler — H1 2019 Earnings Presentation

15 slides from Schindler's earnings presentation, Aug 14, 2019

  1. Slide 1: Interim results as of June 30, 2019

    Interim results as of June 30, 2019 August 14, 2019 © Schindler 2019 I © Schindler 2019 I We Elevate I August 14, 2019 I

  2. Slide 2: Highlights January – June 2019

    Highlights January – June 2019 Growth and strategic investments  Growth across all regions and product lines; strategic investments on track  Noteworthy development in major projects, particularly in the public-transport segment in North America and China  Higher material costs, wage inflation, f

  3. Slide 3: Asia-Pacific: Significant growth in China and India

    Asia-Pacific Significant growth in China and India Continued overall positive new installations market environment  China: Slightly positive market in the first half-year  India: Ongoing strong growth driven by residential and infrastructure segments  Southeast Asia: Mixed picture Schindler perfo

  4. Slide 4: Americas: Sustained growth across the region

    Americas Sustained growth across the region Stable new installations markets  North America: Broadly stable on a high level; growth in large public-transport; low-/mid-rise segment trending towards less activity  Latin America: Overall stable; Brazil still with challenging environment Schindler pe

  5. Slide 5: EMEA: Solid markets

    EMEA Solid markets New installations markets on a high level  Northern Europe: Continued solid markets on a high level  Southern Europe: Slight market contraction, especially driven by Turkey Schindler performance  New installations: Slightly negative development year on year  Existing installat

  6. Slide 6: Strategic investments on track

    Strategic investments on track Impacting our results Modularity Digitization BuildingMinds  Reducing complexity  New products launched:  Core team set up with modular products:  Ahead SmartMirror  Collaboration with  Harmonized cars and  Ahead AdScreen Microsoft established car deco  Global

  7. Slide 7: Key figures as of June 30, 2019: April to June

    Key figures as of June 30, 2019 April to June In CHF million Q2 2019 Q2 2018 Δ% Δ% in LC Order intake 3 122 3 047 2.5 5.1 Revenue 2 849 2 782 2.4 5.0 Operating profit (EBIT) 322 332 –3.0 –0.3 in % 11.3 11.9 Operating profit (EBIT), adjusted 334 1) 337 2) –0.9 1.8 in % 11.7 12.1 Financing and investi

  8. Slide 8: Key figures as of June 30, 2019: January to June

    Key figures as of June 30, 2019 January to June In CHF million 1H 2019 1H 2018 Δ% Δ% in LC Order intake 6 090 5 869 3.8 5.8 Revenue 5 431 5 255 3.3 5.4 Operating profit (EBIT) 596 613 –2.8 –0.7 in % 11.0 11.7 Operating profit (EBIT), adjusted 616 1) 622 2) –1.0 1.1 in % 11.3 11.8 Financing and inves

  9. Slide 9: Order backlog and revenue by region

    Order backlog and revenue by region Robust order backlog provides solid base for future growth 1H 2019: CHF 9 217 million (+9.3% in LC) Revenue growth by region (in LC) in % Order backlog 1H 2018: CHF 8 708 million 1H 2018 2019 2018 1H 2019 Asia-Pacific 38% 39% 10 Americas 31% 29% 8 EMEA 31% 32% 6 R

  10. Slide 10: Outlook 2019

    Outlook 2019 Status as of August 14, 2019 Business environment Schindler guidance for FY 2019  Long-term growth drivers remain  Revenue growth of between 4% to 6% intact in local currencies  Persistent political and economic  Net profit of between CHF 900 million uncertainties: and CHF 940 milli

  11. Slide 11: Financial calendar

    Financial calendar 2019 2020 Publication of selected key figures as of September 30 October 24 Annual results media conference February 14 Ordinary General Meeting Schindler Holding Ltd. March 19 Contact: Marco Knuchel, Head Investor Relations; Phone +41 41 445 30 61, investor.relations@schindler.co

  12. Slide 12: Additional charts

    Additional charts 12

  13. Slide 13: IFRS 16 – Leases: Changes and impacts

    IFRS 16 – Leases Changes and impacts Until end of 2018: Costs for most of the lease contracts have been expensed in other operating expenses Starting from 2019: Lease contracts will be recognized in the balance sheet as a right-of-use asset and related lease liability Transition: Schindler applies t

  14. Slide 14: Balance sheet

    Balance sheet In CHF million 30.6.2019 1) in % 31.12.2018 in % 30.6.2018 in % Cash and cash equivalents 2 036 19.8 2 248 22.5 1 992 20.5 Other current assets 4 457 43.4 4 252 42.7 4 320 44.4 Total current assets 6 493 63.2 6 500 65.2 6 312 64.9 Non-current assets 3 782 36.8 3 476 34.8 3 409 35.1 Tot

  15. Slide 15: Quarterly overview 2019/2018

    Quarterly overview 2019/2018 In CHF million 2019 2018 Q2 Q1 Q4 Q3 Q2 Q1 Order intake 3 122 2 968 3 016 2 784 3 047 2 822 Revenue 2 849 2 582 2 940 2 684 2 782 2 473 Operating profit (EBIT) 322 274 343 313 332 281 in % 11.3 10.6 11.7 11.7 11.9 11.4 Financing activities –17 –14 –3 –16 24 –9 Investing

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