Schindler Expects Modest Revenue Growth, 12% EBIT Margin Through 2025
Swiss lift and escalator manufacturer Schindler anticipates low single-digit local currency revenue growth in 2025 amid a subdued environment for new construction. The company, however, sees growth opportunities in modernization and services.
Schindler projects an earnings before interest and tax (EBIT) margin of approximately 12% for fiscal 2025. This follows a recovery in margins realized in 2024, fueled by pricing optimizations and digitization initiatives.
In the fourth quarter of 2024, Schindler's adjusted EBIT margin reached 12.5%, a rise from 11.4% a year earlier. Quarterly sales amounted to 2.86 billion Swiss francs ($3.13 billion), falling short of analysts' consensus estimate of 2.95 billion francs.