Schindler Holding Ltd. · SIX:SCHN
Schindler — Schindler Hldg Ag Akt — Q1 2025 Earnings Presentation
17 slides from Schindler's earnings presentation, Apr 30, 2025
Slide 1: Q1 2025 results
Q1 2025 results April 30, 2025 © Schindler 2025 I © Schindler 2025 I We Elevate I April 30, 2025 I Investor Relations
Slide 2: Agenda
Agenda 1. Quarterly 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 April 30, 2025 I Investor Relations
Slide 3: Robust start to 2025 despite market uncertainty
Robust start to 2025 despite market uncertainty Order growth (LC) Continued accelerated Revenue growth across margin expansion Strong operating +6.0% all regions except China 12.0% cash flow Total orders +2.5% EBIT reported margin CHF540m +HSD Revenue growth (LC) +110bps Service and MOD Change y/y I
Slide 4: Q1 order intake by region and segment
Q1 order intake by region and segment Growth across all regions and segments except NI in 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% + +
Slide 5: Market outlook 2025
Market outlook 2025 Americas NI outlook lowered versus prior assessment 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
Slide 6: Agenda
Agenda 1. Quarterly 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 April 30, 2025 I Investor Relations
Slide 7: Robust start to the year
Robust start to the year in CHF million Q1 25 vs. Q1 24 Order intake Revenue Operating cash flow YoY growth +2.5% -0.4% +5.5% +1.6% +6.0% + 1.1% +1.7% +2.6% -2.2% +2.5% in LC 662 507 540 2 977 2 947 2 920 2 788 2 855 2 788 2 711 2 846 2 673 2 732 257 Order intake Revenue 169 in LC in LC Q1 24 Q2 24
Slide 8: Order intake and revenue
Order intake and revenue Organic growth in all regions except China Order intake in CHF million Revenue in CHF million 159 9 2 947 –9 2 788 57 11 2 732 2 673 –8 Q1 24 Organic Acquisitions FX impact Q1 25 Q1 24 Organic Acquisitions FX impact Q1 25 growth growth YoY growth in LC +6.0% +2.5% YoY growth
Slide 9: EBIT adjusted and EBIT
EBIT adjusted and EBIT Operational improvement driven by efficiency gains, pricing and mix in CHF million 333 37 2 329 Pricing –2 298 292 > Inflation Efficiency EBIT adj. EBIT adj. EBIT Opera- Δ Adjust- FX EBIT Q1 24 Q1 25 Q1 24 tional ments Q1 25 12.4% Growth in LC 13.4% 11.7% Growth in CHF 12.7% 1
Slide 10: Net profit and operating cash flow
Net profit and operating cash flow Sustained improvement driven by higher operating profit Net profit in CHF million Operating cash flow in CHF million 37 540 –1 –3 257 232 507 Q1 24 Q1 25 Q1 24 Operating Change in Others Q1 25 profit NWC 8.7% Margin 9.4% 2.05 Earnings per share (CHF) 2.26 10 I © Sc
Slide 11: Tariff impact
Tariff impact Mitigating actions initiated to fully offset announced tariffs Estimated gross cost impact (in CHF million) Initiated actions ▪ Factory footprint utilization Tariff Annualized 2025 ▪ In-sourcing IEEPA 7 5 ▪ Supplier management Section 232 7 5 ▪ Alternative sourcing Reciprocal 8 6 ▪ Pri
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 and costing discipline ▪ Sustained wage inflation ▪
Slide 13: Q&A
Q&A 13 I © Schindler 2025 I We Elevate I April 30, 2025 I Investor Relations
Slide 14: Q1 2025 key figures
Q1 2025 key figures In CHF million 14 I © Schindler 2025 I We Elevate I April 30, 2025 I Investor Relations
Slide 15: Balance sheet
Balance sheet 15 I © Schindler 2025 I We Elevate I April 30, 2025 I Investor Relations
Slide 16: Quarterly overview: Key figures
Quarterly overview Key figures In CHF million 16 I © Schindler 2025 I We Elevate I April 30, 2025 I Investor Relations
Slide 17: Calendar 2025
Calendar 2025 2025 Publication of Interim Report as of June 30 July 18 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 reportin
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