Slide 1: Welcome to Schindler: Selected key figures as of March 31, 2016
Welcome to Schindler Selected key figures as of March 31, 2016 Conference Call on April 28, 2016 Signature Tower, office building; Kuala Lumpur, Malaysia 36 Schindler 7000 and 22 Schindler 5500 elevators, as well as 6 Schindler 9300AE escalators; PORT Technology.
Slide 2: Highlights January – March 2016
Highlights January – March 2016 Increase in revenue, EBIT and profit Challenging markets China’s new installation market declining Moderate growth in Asia-Pacific Continuous growth in North America Latin America under pressure due to Brazil In Europe overall moderate growth, stabilization
Slide 3: Key figures as of March 31, 2016
Key figures as of March 31, 2016 Q1: January – March In CHF million Q1/2016 Q1/2015 ∆% ∆% in LC Orders received 2 467 2 443 +1.0 +2.0 Revenue 2 176 2 137 +1.8 +3.3 Operating profit (EBIT) 235 222 +5.9 +9.5 in % 10.8 10.4 Net income from financing and investing activities 5 – Profit before taxes 240
Slide 4: Asia-Pacific: Development in Q1, 2016
Asia-Pacific: Development in Q1, 2016 Mixed market development China declining as expected, mainly driven by lower tier cities India showed solid growth Southeast Asia and Australia with moderate growth Increasing modernization opportunities driven by ageing urban portfolio Growing order int
Slide 5: China: construction activity picked up in Q1, 2016
China: construction activity picked up in Q1, 2016 Pricing trend in most cities in positive territory Floor space sold in China Opportunities 500 33.1% 40% 13th five-year plan envisages continued high-paced urbanization 30% 400 and strong infrastructure investment 20% 300 10% Stimulus measures b
Slide 6: China: Inventories remain very high, especially in smaller cities
China: Inventories remain very high, especially in smaller cities Slight improvement in large cities Housing inventory, by city tier (2010=100) Housing inventory, by city tier (months of sales) 350 30 300 25 Tier 3 250 Tier 3 20 200 Tier 2 Tier 2 15 150 Tier 1 10 100 Tier 1 5 50 0 0 2010 2011 2012 2
Slide 7: China: E&E market supported by the 13th Five-Year Plan (2016-20)
China: E&E market supported by the 13th Five-Year Plan (2016-20) Selected economic development targets GDP growth Urbanization ratio Infrastructure development: high-speed railway network 2011-15 7.8% 2015 56.1% 2015 19’000 km 2016-20 >6.5% 2020 60.0% 2020 30’000 km Despite slowdown, the pace of Add
Slide 8: Americas: Development in Q1, 2016
Americas: Development in Q1, 2016 Diverging trends in Americas North American market growing Brazil in recession Other Latin American markets growing despite commodity price pressure Growth overall Growth in North America more than offsetting pressure in Latin America Value growth in North
Slide 9: Europe: Development in Q1, 2016
Europe: Development in Q1, 2016 Opportunities overall Northern European markets stable Southern European markets recovering New installations markets adopting EN 81-20 / 50 Strong growth in order intake Good growth in Northern Europe Southern Europe growing from low levels Maintenance bu
Slide 10: Outlook 2016
Outlook 2016 Status as of April 28, 2016 Macroeconomic and political uncertainties Markets expected to slightly decline Growth strategy and focus on margins unchanged Fast Forward execution in full swing Revenue expected to increase by 3% to 7% in local currencies Net profit 2016 forecas
Slide 11: Thank you.
Thank you. Financial calendar 2016 Interim Report as of June 30, 2016 August 16 Selected key figures as of September 30, 2016 October 25 2017 Annual results 2016 February 15 Your contact: Barbara Zäch, Head Investor Relations; Tel. +41 41 445 30 61, investor.relations@schindler.com The information i
Slide 12: Additional Charts
Additional Charts © Schindler | Selected key figures: March 31, 2016 Slide 12
Slide 13: Quarterly overview 2016/2015
Quarterly overview 2016/2015 2016 2015 In CHF million Q1 Q4 Q3 Q2 Q1 Orders received 2 467 2 606 2 384 2 534 2 443 Revenue 2 176 2 589 2 310 2 355 2 137 Operating profit (EBIT) 235 277 249 254 222 in % 10.8 10.7 10.8 10.8 10.4 Financing activities –3 –29 9 0 –9 Investing activities (associates) 8 –1
Slide 14: Quarterly development of orders received: 2013 – 2016
Quarterly development of orders received: 2013 – 2016 In CHF million 3 000 2 500 2 000 1 500 1 000 500 2013 2014 2015 0 2016 Q1 Q2 Q3 Q4 © Schindler | Selected key figures: March 31, 2016 Slide 14
Slide 15: Quarterly development of revenue: 2013 – 2016
Quarterly development of revenue: 2013 – 2016 In CHF million 3 000 2 500 2 000 1 500 1 000 500 2013 2014 2015 0 2016 Q1 Q2 Q3 Q4 © Schindler | Selected key figures: March 31, 2016 Slide 15
Slide 16: Balance sheet
Balance sheet In CHF million 31.03.2016 in % 31.12.2015 in % Cash and cash equivalents 2 112 25.4 1 975 23.9 Other current assets 3 432 41.2 3 500 42.4 Total current assets 5 544 66.6 5 475 66.3 Non-current assets 2 783 33.4 2 784 33.7 Total assets 8 327 100.0 8 259 100.0 Current liabilities 4 967 5
Slide 17: Strategic intent unchanged: Fast Forward execution in full swing
Strategic intent unchanged Fast Forward execution in full swing Objectives Growth above market Improvement in EBIT Focus on margins Operational Excellence Strategic Markets Global Delivery Installations Installations China Cost competitiveness Customer-centricity New India, Southeast A
Slide 18: New standards EN 81-20 / 50
New standards EN 81-20 / 50* Even more safety and comfort Safety Cube on car roof: Increased safety space for maintenance work Balustrade: Improved strength and increased height of balustrade on car roof Machine Room lighting: Min. 200 lux at work space floor, min. 50 lux for other Car Lighting: Min