schindler software FCOM5
On a comparable basis, operating profit increased by 10.1% and the EBIT margin by 0.5 percentage points to 12.0%. Net profit grew by 15.4%.The company could further strengthen its market position thanks to competitive products and customer-driven services. Besides organic growth, local acquisitions in established markets contributed to the overall increase. The implementation of the ongoing strategic initiatives remains on course.With the launch of ‘Schindler Ahead,’ the cloud connectivity platform enabling the ‘Internet of Elevators and Escalators,’ a fundamental milestone was reached towards the digital transformation of the business.Similarly, in the new installations business, new, modular and fast-evolving product portfolios are a key success factor for the future. Significant progress was also achieved on this front, with the launch of the first modular elevator systems in China, in preparation for the global roll-out over the next 24 months
