EQS-Adhoc: Resilience and innovation in adversity
The COVID-19 pandemic has confronted the world with unprecedented challenges and had?significant impacts on Schindler's business in 2020. Order intake decreased by 9.1% to CHF?11?018 million and revenue dropped by 5.6% to CHF?10?640?million, operating profit reached CHF?1?032 million, corresponding to an EBIT margin of 9.7% (EBIT adjusted 11.1%). Net profit amounted to CHF?774 million, and cash flow from operating activities increased to?CHF?1 581 million.??
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