Schindler Holding Ltd. · SIX:SCHN
Schindler — Schindler Hldg Ag Akt — Q1 2020 Earnings Presentation
11 slides from Schindler's earnings presentation, Apr 22, 2020
Slide 1: Key figures as of March 31, 2020
Key figures as of March 31, 2020 The Circle, Zurich, Switzerland April 22, 2020 © Schindler 2020 I © Schindler 2020 I We Elevate I April 22, 2020 I
Slide 2: Challenges across almost all countries and industries
Challenges across almost all countries and industries Extraordinary times through COVID-19 pandemic ▪ “The Great Lockdown” severely reduces overall economic and construction activities globally, significantly impacting the E&E industry ▪ Asia-Pacific, particularly China, suffered the most, other reg
Slide 3: Key priorities: Focusing on what we can influence
Key priorities Focusing on what we can influence ▪ Group’s highest priority continues to be the safety and wellbeing of employees, their family members, customers, and the passengers who use Schindler elevators and escalators throughout the world every day ▪ Crisis management teams established on co
Slide 4: Schindler performance by region
Schindler performance by region China severely hit but recovering, other regions facing slowdown Order intake China Asia-Pacific Americas Europe w/o China New installations/modernization Service Comments ▪ Lockdown in ▪ Lockdown in ▪ Shutdown of ▪ Mixed picture: February impacting several countries;
Slide 5: First quarter results – January to March 2020
First quarter results – January to March 2020 Stable revenue in local currencies Overcoming short-term challenges, preparing for recovery ▪ Business continuity safeguarded; organization swiftly adapted to challenges and new situation ▪ New installations and modernization business under pressure; ser
Slide 6: Key figures as of March 31, 2020
Key figures as of March 31, 2020 January to March In CHF million Q1 2020 Q1 2019 Δ% Δ% in LC Order intake 2 720 2 968 –8.4 –3.2 Revenue 2 447 2 582 –5.2 –0.2 Operating profit (EBIT) 166 274 –39.4 –34.3 in % 6.8 10.6 Operating profit (EBIT), adjusted 221 1) 282 2) –21.6 –16.0 in % 9.0 10.9 Financing
Slide 7: Outlook 2020
Outlook 2020 Status as of April 22, 2020 Business environment Schindler outlook for FY 2020 ▪ Long-term growth drivers intact ▪ Revenue growth of between ▪ H1 2020 heavily impacted, particularly 0% to –10% in local currencies new installations and modernization ▪ Negative FX translation effects cont
Slide 8: Financial calendar
Financial calendar 2020 2021 Publication of Interim Report as of June 30 July 24 Publication of key figures as of September 30 October 23 Annual results conference February 17 Ordinary General Meeting Schindler Holding Ltd. March 23 Contact: Marco Knuchel, Head Investor Relations; phone +41 41 445 3
Slide 9: Additional charts
Additional charts 9
Slide 10: Quarterly overview 2020/2019
Quarterly overview 2020/2019 In CHF million 2020 2019 Q1 Q4 Q3 Q2 Q1 Order intake 2 720 3 114 2 919 3 122 2 968 Revenue 2 447 3 016 2 824 2 849 2 582 Operating profit (EBIT) 166 335 327 322 274 in % 6.8 11.1 11.6 11.3 10.6 Operating profit (EBIT), adjusted 221 364 334 334 282 in % 9.0 12.1 11.8 11.7
Slide 11: Balance sheet
Balance sheet In CHF million 31.3.2020 in % 31.12.2019 in % 31.3.2019 in % Cash and cash equivalents 2 247 21.9 2 370 22.4 2 345 21.9 Other current assets 4 453 43.5 4 587 43.2 4 509 42.2 Total current assets 6 700 65.4 6 957 65.6 6 854 64.1 Non-current assets 3 542 34.6 3 641 34.4 3 839 35.9 Total
Schindler Hldg Ag Akt — Q1 2020 Earnings Presentation on 6ix