Schindler Holding Ltd. · SIX:SCHN
Schindler — Schindler Hldg Ag Akt — H1 2025 Earnings Presentation
21 slides from Schindler's earnings presentation, Jul 18, 2025
Slide 1: H1 2025 results
H1 2025 results July 18, 2025 © Schindler 2025 I © Schindler 2025 I We Elevate I July 18, 2025 I Investor Relations
Slide 2: Agenda
Agenda 1. H1 highlights & 2025 market outlook Paolo Compagna 2. Financial results & 2025 guidance Carla De Geyseleer 3. Q&A Paolo Compagna/ Carla De Geyseleer 2 I © Schindler 2025 I We Elevate I July 18, 2025 I Investor Relations
Slide 3: H1 – Operational efficiencies drive margin expansion
H1 – Operational efficiencies drive margin expansion Order growth (LC) Continued accelerated Revenue growth margin expansion driven by MOD and Strong operating +5.3% Service 12.3% cash flow Total orders EBIT reported margin +1.4% CHF 703m +22.0% Revenue growth (LC) +130bps Modernization orders Chang
Slide 4: Market outlook 2025
Market outlook 2025 China Service outlook lowered as NI conversions slow 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 Change v
Slide 5: H1 order intake by region and segment
H1 order intake by region and segment Strong Modernization orders across all regions 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 6: Agenda
Agenda 1. H1 highlights & 2025 market outlook Paolo Compagna 2. Financial results & 2025 guidance Carla De Geyseleer 3. Q&A Paolo Compagna/ Carla De Geyseleer 6 I © Schindler 2025 I We Elevate I July 18, 2025 I Investor Relations
Slide 7: Robust operating performance
Robust operating performance in CHF million Q2 25 vs. Q2 24 Order intake Revenue Operating cash flow YoY growth –0.4% +5.5% +1.6% +6.0% +4.6% +1.7% +2.6% –2.2% +2.5% +0.4% in LC 662 540 2 977 2 947 2 939 2 920 2 788 2 855 2 711 2 846 2 732 2 755 257 Order intake Revenue 169 163 in LC in LC Q2 24 Q3
Slide 8: Order intake and revenue
Order intake and revenue Organic growth driven by MOD whilst FX headwind intensifies Order intake – Q2 in CHF million Revenue – Q2 in CHF million 129 10 2 996 1) 2 939 2 920 10 3 – 196 2 755 – 178 Q2 24 Organic Acquisitions FX impact Q2 25 Q2 24 Organic Acquisitions FX impact Q2 25 growth growth YoY
Slide 9: Operating profit
Operating profit Improvement driven by efficiency gains, pricing and mix EBIT – Q2 in CHF million EBIT – H1 in CHF million 705 93 675 637 618 – 11 – 25 372 56 339 326 346 – 13 – 23 EBIT adj. EBIT adj. EBIT Operational Adjustments FX EBIT EBIT adj. EBIT adj. EBIT Operational Adjustments FX EBIT Q2 24
Slide 10: Net profit
Net profit Margin reaching 9.9% in Q2 Net profit – Q2 in CHF million Net profit – H1 in CHF million 494 531 262 274 Q2 24 Q2 25 H1 24 H1 25 9.0% Margin 9.9% 8.8% Margin 9.7% 2.27 Earnings per share (CHF) 2.42 4.32 Earnings per share (CHF) 4.68 10 I © Schindler 2025 I We Elevate I July 18, 2025 I Inv
Slide 11: Operating cash flow
Operating cash flow Cash flow improvement in H1 driven by stronger profitability Operating cash flow – Q2 in CHF million Operating cash flow – H1 in CHF million 57 1 703 676 – 31 169 20 4 163 – 30 Q2 24 Operating Change in Others Q2 25 H1 24 Operating Change in Others H1 25 profit NWC profit NWC 11
Slide 12: 2025 guidance
2025 guidance ~12% EBIT reported margin Low single-digit local currency revenue growth Tailwinds Headwinds ▪ Growing Service and Modernization markets ▪ Tariff impact and market uncertainty ▪ Operational efficiency ▪ China market downturn ▪ Pricing ▪ Sustained wage inflation ▪ Mix impact ▪ Restructu
Slide 13: Save the date
Save the date monsieur Schindler Capital Markets Day June 3, 2026 Ebikon, Switzerland 13 I © Schindler 2025 I We Elevate I July 18, 2025 I Investor Relations
Slide 14: Q&A
Q&A 14 I © Schindler 2025 I We Elevate I July 18, 2025 I Investor Relations
Slide 15: Appendix
Appendix 15 I © Schindler 2025 I We Elevate I July 18, 2025 I Investor Relations
Slide 16: Q2 2025 key figures
Q2 2025 key figures In CHF million Q2 2025 Q2 2024 r% r% in LC Order intake 1) 2 939 2 996 –1.9 4.6 Revenue 2 755 2 920 –5.7 0.4 Operating profit (EBIT) 346 326 6.1 13.2 in % 12.6 11.2 Operating profit (EBIT), adjusted 372 2) 339 3) 9.7 16.8 in % 13.5 11.6 Financing and investing activities 1 12 Pro
Slide 17: H1 2025 key figures
H1 2025 key figures In CHF million H1 2025 H1 2024 r% r% in LC Order intake 1) 5 886 5 784 1.8 5.3 Revenue 5 487 5 593 –1.9 1.4 Operating profit (EBIT) 675 618 9.2 13.3 in % 12.3 11.0 Operating profit (EBIT), adjusted 705 2) 637 3) 10.7 14.6 in % 12.8 11.4 Financing and investing activities –3 16 Pr
Slide 18: Quarterly overview
Quarterly overview Key figures In CHF million 2025 2024 Q2 Q1 Q4 Q3 Q2 Q1 Order intake 2 939 2 947 2 907 2 728 2 996 2 788 Revenue 2 755 2 732 2 855 2 788 2 920 2 673 Operating profit (EBIT) 346 329 321 327 326 292 in % 12.6 12.0 11.2 11.7 11.2 10.9 Operating profit (EBIT), adjusted 372 333 357 350
Slide 19: Balance sheet
Balance sheet In CHF million 30.06.2025 in % 31.12.2024 in % 30.06.2024 in % Cash and cash equivalents 2 009 17.7 2 599 21.7 2 343 20.0 Other current assets 5 682 50.2 5 689 47.4 5 795 49.7 Total current assets 7 691 67.9 8 288 69.1 8 138 69.7 Non-current assets 3 644 32.1 3 709 30.9 3 545 30.3 Tota
Slide 20: Schindler order intake by region and product line – Q2
Schindler order intake by region and product line – Q2 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 Note: Modernization
Slide 21: Calendar 2025
Calendar 2025 2025 Publication of key figures as of September 30 October 24 . Contact: Lars Brorson, Head Investor Relations; Phone +41 41 445 4036, investor.relations@schindler.com Non-GAAP measures: Financial information contained in the reporting includes certain non-GAAP measures, that are not a
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