Schindler sees slight revenue growth in 2025

Schindler Holding AG

12/02/2025 05:39

Feb 12 (Reuters) - Swiss lift and escalator maker
Schindler  SCHP.S  on Wednesday forecast low single-digit
revenue growth in local currency terms for 2025, as new
construction environment continues to decline while
modernization and services grow.
    Its fourth quarter sales were 2.86 billion Swiss francs
($3.13 billion), below analysts' average forecast of 2.95
billion francs in a poll compiled by Vara Research.
($1 = 0.9131 Swiss francs)

 (Reporting by Bartosz Dabrowski and Bernadette Hogg in Gdansk;
Editing by Milla Nissi)
 ((bartosz.dabrowski@thomsonreuters.com))