Schindler Holding Ltd. · SIX:SCHN
Schindler — Q3 2018 Earnings Presentation
14 slides from Schindler's earnings presentation, Oct 23, 2018
Slide 1: Key figures as of September 30, 2018
Key figures as of September 30, 2018 October 23, 2018
Slide 2: Highlights January – September 2018
Highlights January – September 2018 Significant growth ‒ Growth across all regions and product lines ‒ Proportion of major projects continued to increase ‒ Sustained operational improvements ‒ Higher raw material costs and price competition hinder margin expansion ‒ Major strategic initiatives on tr
Slide 3: Asia-Pacific: China stabilized, resumed growth in India
Asia-Pacific China stabilized, resumed growth in India Positive market development ‒ China: stable volumes, price competition still intense in large project tenders, but stabilizing in the volume segment ‒ India: strong new installations business ‒ Southeast Asia: robust growth Schindler performance
Slide 4: Americas: Growth across the region
Americas Growth across the region Improving conditions in Latin America ‒ North America: continued strong momentum ‒ Latin America: Brazil recovering, other markets with good growth Schindler performance ‒ North America: ongoing strong performance in all business lines ‒ Latin America: Brazil return
Slide 5: EMEA: Robust development continued
EMEA Robust development continued Growth in the North and in the South ‒ Northern Europe: market conditions remained favorable ‒ Southern Europe: majority of the markets with positive development, but concerns in a few countries (e.g. Turkey) Schindler performance ‒ Strong new installations business
Slide 6: July – September
Key figures as of September 30, 2018 July – September In CHF million Q3 2018 Q3 2017 Δ% Δ% in LC Order intake 2 784 2 737 1.7 4.8 Revenue 2 684 2 590 3.6 6.3 Operating profit (EBIT) 313 302 3.6 7.0 in % 11.7 1) 11.7 2) Net income from financing and investing activities –14 1 Profit before taxes 299
Slide 7: July – September
Key figures as of September 30, 2018 July – September In CHF million Q3 2018 Q3 2017 Δ% Cash flow from operating activities 282 103 173.8 Investments in property, plant, and equipment 57 54 5.6 Key figures as of September 30, 2018 Page 7 23.10.2018 Schindler
Slide 8: January – September
Key figures as of September 30, 2018 January – September In CHF million 9M 2018 9M 2017 Δ% Δ% in LC Order intake 8 653 8 083 7.1 6.8 Revenue 7 939 7 359 7.9 7.6 Operating profit (EBIT) 926 860 7.7 7.3 in % 11.7 1) 11.7 2) Net income from financing and investing activities –3 3) –15 Profit before tax
Slide 9: January – September
Key figures as of September 30, 2018 January – September In CHF million 9M 2018 9M 2017 Δ% Δ% in LC Cash flow from operating activities 716 544 31.6 Investments in property, plant, and equipment 168 141 19.1 As of September 30 Order backlog 1) 8 589 8 138 5.5 8.2 Number of employees 63 961 60 232 6.
Slide 10: Outlook 2018
Outlook 2018 Status as of October 23, 2018 Business environment Schindler guidance for FY 2018 ̶ Long-term growth drivers remain intact ̶ Revenue growth of between 5% to 7% in local currencies ̶ Market trends seen in the first nine months of 2018 expected to continue for ̶ Net profit of between CHF
Slide 11: Financial calendar
Financial calendar 2019 Full year results media conference February 14 Ordinary General Meeting Schindler Holding Ltd. March 26 Contact: Marco Knuchel, Head Investor Relations; Phone +41 41 445 30 61, investor.relations@schindler.com The information in the presentation was factually accurate on the
Slide 12: Additional charts
Additional charts Key figures as of September 30, 2018 Page 12 23.10.2018 Schindler
Slide 13: Balance sheet
Balance sheet 1) In CHF million 30.9.2018 in % 1.1.2018 in % 30.9.2017 in % Cash and cash equivalents 1 976 20.3 1 709 19.2 1 590 18.8 Other current assets 4 220 43.5 3 982 44.9 3 723 44.1 Total current assets 6 196 63.8 5 691 64.1 5 313 62.9 Non-current assets 3 517 36.2 3 189 35.9 3 129 37.1 Total
Slide 14: Quarterly overview 2018/2017
Quarterly overview 2018/2017 1) In CHF million 2018 2017 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Order intake 2 784 3 047 2 822 2 906 2 737 2 739 2 607 Revenue 2 684 2 782 2 473 2 820 2 590 2 509 2 260 Operating profit (EBIT) 313 332 281 327 302 298 260 in % 11.7 11.9 11.4 11.6 11.7 11.9 11.5 Financing activities –16