Schindler hikes 2025 profit margin forecast
24/10/2025 05:40
Oct 24 (Reuters) - Swiss lift and escalator maker Schindler SCHP.S raised its annual margin forecast on Friday, after achieving an operating profit margin of 12.5% in the first nine months of 2025 helped by operational efficiencies and pricing effects. The group also expects an operating profit margin of around 12.5% for the full year, after previously seeing it at around 12%. (Reporting by Bernadette Hogg in Gdansk, editing by Milla Nissi-Prussak) ((Bernadette.Hogg@thomsonreuters.com; +48 58 746 92 01;))
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