Schindler lifts 2026 EBIT margin guidance as nine-month profit climbs
Swiss elevator maker Schindler reported nine-month net profit of CHF 852 million and raised its full-year margin outlook to about 13.5%.
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what happened
According to Reuters, citing LSEG and company data, Schindler's third-quarter revenue grew 5.1% in local currencies, while nine-month revenue rose 2.6%. The EBIT margin for the nine months reached 13.5%, up 100 basis points from a year earlier.
Nine-month net profit came in at CHF 852 million, with a margin of 10.4%. The company also raised its 2026 EBIT margin guidance to about 13.5% from about 13%. Order intake in the third quarter grew 10.3% in local currencies, supporting revenue.
why it matters
For investors, the update signals margin resilience in the industrial sector: stronger orders support future revenue, and the higher guidance points to better profitability. Analysts' average rating on the shares is hold, with a median 12-month price target of CHF 289.50.
market impact
Schindler and electrical equipment peers: higher margins and orders support the stock
tags
instruments
sources
- Switzerland's Schindler nine-month profit rises, lifts 2026 EBIT margin guidance — Reuters, 22 October 2026 at 04:42 UTC
- Switzerland's Schindler third-quarter results beat estimates, lifts 2026 EBIT margin guidance — Reuters, 22 October 2026 at 05:24 UTC
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