Schindler stock trades at EUR 280.40 in trading

Published on 09/29/2026 at 13:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Schindler stock enters a leadership transition as André Becker joins the executive committee on January 1, 2027. First-half revenue reached CHF 5.329 billion.

Glasaufzug mit Rolltreppen in hellem Atrium eines modernen Bürogebäudes — Schindler Holding AG (ISIN CH0024638196) zeigt gläsernen Aufzugschacht mit Rolltreppen in modernem Bürogebäude-Atrium, Illustration mit AI erstellt.

Schindler (ISIN CH0024638196) stock was trading at EUR 280.40 at Lang & Schwarz on September 29, 2026, at 1:02 p.m. CEST. The company is preparing a leadership transition while its first-half operating figures show measured growth in local currencies.

Leadership changes start in 2027

According to an EQS release published by FinanzNachrichten on September 25, 2026, André Becker will become Schindler's chief human resources officer and join the executive committee on January 1, 2027. Becker previously held senior human resources and transformation roles at Lidl and BASF.

The change gives the group a defined personnel milestone ahead of its next strategic investor event. The executive committee will include regional leaders for Europe, Asia Pacific, the Americas, China and escalators, according to the same September 25 release from FinanzNachrichten.

Revenue growth remains measured

Schindler's investor-relations page reports first-half 2026 order intake of CHF 5.794 billion and revenue of CHF 5.329 billion. In local currencies, order intake grew 2.9 percent and revenue grew 1.4 percent from the comparable period, according to Schindler.

The comparison matters because order intake expanded by 1.5 percentage points more than revenue. That spread points to a stronger booking trend than the recognized sales figure, although the available half-year data do not establish how much of the order intake will convert into revenue during the remainder of 2026.

Q3 results set the next checkpoint

Schindler's next scheduled reporting date is October 22, 2026, when the company is expected to publish its third-quarter results and presentation, according to MarketScreener. The November 19, 2026 Capital Markets Day will provide a second dated checkpoint for the leadership and growth narrative.

Valuation remains contested. Investing.com reported on September 7, 2026 that Goldman Sachs cut its price target to CHF 233.00 from CHF 286.00 and downgraded Schindler to Sell, citing weaker growth expectations and China-related headwinds.

Stock price stays the reference

At Lang & Schwarz, Schindler stock was trading at EUR 280.40 on September 29, 2026, at 1:02 p.m. CEST. The price is an intraday indication for investors in Germany, while the company's primary listing is in Swiss francs on the SIX Swiss Exchange.