Schindler Holding Ltd. · SIX:SCHN

Schindler — Schindler Hldg Ag Akt — Q3 2020 Earnings Presentation

18 slides from Schindler's earnings presentation, Oct 23, 2020

  1. Slide 1: Key figures as of September 30, 2020

    Key figures as of September 30, 2020 October 23, 2020 © Schindler 2020 I © Schindler 2020 I We Elevate I October 23, 2020 I

  2. Slide 2: Challenging market environment

    Challenging market environment Mixed recovery patterns in third quarter 2020  Challenging environment continued to negatively affect construction industries worldwide  Asia-Pacific and the Americas the worst affected, V-shaped recovery in China, EMEA has been showing more resilient  Market contra

  3. Slide 3: Key figures overview

    Key figures overview Uneven regional trends, strong adverse FX impacts Q3 2020 in CHF million 9M 2020 in CHF million Order intake Revenue Order intake Revenue –0.7%1) +4.0%1) –4.7%1) –0.7%1) 2’919 2’824 2’712 2’754 9’009 –7.1% –2.5% 8’067 8’255 7’713 –10.5% –6.6% Q3 2019 Q3 2020 Q3 2019 Q3 2020 9M 2

  4. Slide 4: Asia-Pacific

    Asia-Pacific China healthy, mixed development in South East Asia Strong markets in China, others muted  China: robust new installations market after V-shaped recovery  India: severely impacted but improving trend despite another rise in COVID-19 cases  Other markets: slightly improved activities

  5. Slide 5: Americas

    Americas High uncertainty and contracting commercial sector Pressure in new installations market across the region  North America: new installations market in office and residential almost stable; infrastructure muted; commercial sector very challenging  Latin America: market slowdown in residenti

  6. Slide 6: EMEA

    EMEA Solid markets in Northern Europe, challenging in the South Overall improved new installations, resilience in maintenance  Northern Europe: overall solid markets, with stable new installations and maintenance business  Southern Europe: contracting commercial sector; many investment decisions p

  7. Slide 7: Modular products launched

    Modular products launched Very positive customer feedback  Seamless, tailor-made offering for customers  Range of user-friendly design options  State-of-the-art connectivity  Enhanced user experience through cloud-enabled digital features  Industry-leading data security standards  Highest ener

  8. Slide 8: Revenue development in the first nine months by region

    Revenue development in the first nine months by region Drop in the Americas, EMEA flat, Asia-Pacific lifted by China in local currencies Americas EMEA Asia-Pacific Group 8.0% 6.7% 5.8% 3.9% 0.9% 2020 2020 2020 2019 2019 -0.2% 2019 2020 2019 -0.7% -2.9% 8 I © Schindler 2020 I We Elevate I October 23,

  9. Slide 9: Profit development

    Profit development Persisting significant negative FX impacts Q3 2020 in CHF million 9M 2020 in CHF million EBIT adjusted Net profit EBIT adjusted Net profit +9.0%1) 950 –3.7%1) 334 337 844 +0.9% –11.2% 680 244 235 548 –3.7% –19.4% Q3 2019 Q3 2020 Q3 2019 Q3 2020 9M 2019 9M 2020 9M 2019 9M 2020 Marg

  10. Slide 10: EBIT adjusted and cash flow development

    EBIT adjusted and cash flow development Quarterly development EBIT adjusted Operating cash flow (CHF million) (CHF million) 400 1’200 350 334 334 337 1’050 955 300 282 286 900 250 221 750 656 1) 200 600 150 450 100 300 50 150 0 0 Q1 Q2 Q3 9M 2019 9M 2020 2019 2020 1) CHF 813 million before one-off i

  11. Slide 11: Outlook 2020

    Outlook 2020 As of October 23, 2020, based on potentially increased activities in key markets Business environment Schindler outlook for FY 2020  High level of uncertainty regarding  Revenue is expected to reach levels economic developments between 0% and –3% in local currencies  No full market r

  12. Slide 12: Financial calendar

    Financial calendar 2021 Annual results media conference February 17 Ordinary General Meeting Schindler Holding Ltd. March 23 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 dat

  13. Slide 13: Additional charts

    Additional charts 13

  14. Slide 14: Key figures as of September 30, 2020: July to September

    Key figures as of September 30, 2020 July to September In CHF million Q3 2020 Q3 2019 Δ% Δ% in LC Order intake 2 712 2 919 –7.1 –0.7 Revenue 2 754 2 824 –2.5 4.0 Operating profit (EBIT) 313 327 –4.3 3.4 in % 11.4 11.6 Operating profit (EBIT), adjusted 337 1) 334 2) 0.9 9.0 in % 12.2 11.8 Financing a

  15. Slide 15: Key figures as of September 30, 2020: January to September

    Key figures as of September 30, 2020 January to September In CHF million 9M 2020 9M 2019 Δ% Δ% in LC Order intake 8 067 9 009 –10.5 –4.7 Revenue 7 713 8 255 –6.6 –0.7 Operating profit (EBIT) 734 923 –20.5 –13.4 in % 9.5 11.2 Operating profit (EBIT), adjusted 844 1) 950 2) –11.2 –3.7 in % 10.9 11.5 F

  16. Slide 16: Quarterly overview 2020/2019

    Quarterly overview 2020/2019 In CHF million 2020 2019 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Order intake 2 712 2 635 2 720 3 114 2 919 3 122 2 968 Revenue 2 754 2 512 2 447 3 016 2 824 2 849 2 582 Operating profit (EBIT) 313 255 166 335 327 322 274 in % 11.4 10.2 6.8 11.1 11.6 11.3 10.6 Operating profit (EBIT), adju

  17. Slide 17: Balance sheet

    Balance sheet In CHF million 30.9.2020 in % 31.12.2019 in % 30.9.2019 in % Cash and cash equivalents 2 208 20.7 2 370 22.4 2 180 21.2 Other current assets 4 929 46.1 4 587 43.2 4 360 42.3 Total current assets 7 137 66.8 6 957 65.6 6 540 63.5 Non-current assets 3 541 33.2 3 641 34.4 3 755 36.5 Total

  18. Slide 18: Average exchange rate development 9M 2020 vs. 9M 2019

    Average exchange rate development 9M 2020 vs. 9M 2019 Persisting negative translation impact against CHF -4.3% -4.7% -4.1% -6.3% -7.2% -9.2% -25.3% EUR USD BRL RMB AUD INR GBP  CHF –484 million impact on 9M Revenues  CHF –71 million impact on 9M EBIT adjusted 18 I © Schindler 2020 I We Elevate I O

Schindler Hldg Ag Akt — Q3 2020 Earnings Presentation on 6ix