Schindler : 2022 Group Review

Enhancing the quality of urban living Group Review 2022

Schindler	
Group Review 2022	

Key figures

Order intake	Order backlog	EBIT adjusted	Sustainability
In CHF million	In CHF million	In CHF million / Margin in %	Non-financial disclosure
11 961	9 551	1 047 / 9.2	see page 93

Revenue
In CHF million	Asia-Pacific
	29%
EMEA	11 346
43%
	Americas
	28%

Dividend proposed

	Registered share, in CHF		Participation certificate, in CHF
4.00	4.00
	Return on equity	Number of employees
	In %	As of December 31
14.9	69 998

Net profit

In CHF million

659

2018	2019	2020	2021	2022
9481	929	774	881	659

1 Before exceptional items

Market capitalization

In CHF million as of December 31

18 269

215

1981

1991

2001

2011

2022

								Δ % local
In CHF million	2022		2021		Δ %	currencies
Order intake	11 961		12 166		-1.7	-0.2
Revenue		11 346		11 236		1.0		2.5
Operating profit (EBIT)	904	1 166		-22.5	-20.6
in %		8.0		10.4
Operating profit (EBIT),
adjusted	1 047	1	1 252	2	-16.4	-14.5
in %		9.2		11.1
Financing and investing
activities	-51		-42
Profit before taxes	853	1 124		-24.1
Income taxes	194		243
Net profit	659	881		-25.2
Earnings per share and
participation certificate
in CHF	5.67		7.70		-26.4
Cash flow from operating
activities	688		1 314		-47.6
Investments in property,
plant, and equipment	121		117		3.4
As of December 31
Order backlog	9 551		9 565		-0.1	3.5
Net liquidity	2 752		3 027		-9.1
Net working capital	-741		-1 055		-29.8
Number of employees	69 998		69 015		1.4

1. Adjusted for Top Speed 23 costs (CHF 72 million), restructuring costs (CHF 50 million), and expenses for BuildingMinds (CHF 21million)
2. Adjusted for Top Speed 23 costs (CHF 58 million), restructuring costs (CHF 26 million), real estate gains (CHF -21million), and expenses for BuildingMinds (CHF 23 million)

Schindler 

Group Review 2022

Highlights

Improving results indicate that the recovery is in motion.





>25%

Cloud-connected

portfolio units

SBTi validation

of near- and long-termCO₂-emission-reduction targets

+4%

service portfolio growth

BUILDING

MINDS

>15 000

buildings connected

to the platform

Recovery of

operational margins EBIT adj. in CHF million

10.2%

9.0% 8.5% 9.2%

Q1/22	Q2/22	Q3/22	Q4/22
236	230	272	309

1

"Green Service"

contracts launched

-99.5%

CO₂ emission

Schindler PORT 4D

enabling repurposing

of buildings

Sharpened focus

to drive efficiency across the whole organization

High employee engagement:

87%

response rate on latest

employee survey

Simplified leadership structure

A LIST

2022

CLIMATE

2 Schindler 

Group Review 2022

Table of contents

14 Ho Chi Minh City, Vietnam

In Vietnam's highest tower, Schindler transports

visitors to the 81st floor in record time.

«We continue to

embed sustainability

across all our

operations and

support customers

in achieving

their sustainability

targets.»

6 Milestones

Silvio Napoli on trends in 2023

42 The New Capital, Egypt

Schindler is helping to build

the country's new administrative

capital in the desert.

50 Sydney, Australia

A new business district for Australia's biggest city: Schindler is on board.

10 Business drivers

Schindler has the right solutions

for future demands.

24 Vienna, Austria

Vienna's new landmark − and the pride

of Schindler Austria

64 Innovation and technology

Modular, energy-efficient solutions

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32 Toronto, Canada

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SAVING	29.76
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	51%
	92%
	79%

Elevators and escalators for 11 000 people

under one roof

Schindler 	Table of contents		3
Group Review 2022	

Growth in Service

and Modernization,

reduction in

New Installations

68 Business review

Progress in resolving legacy issues, including

relaunch of modular elevator platform

for volume markets

Cities account for

70% of global

carbon emissions, thus hold the key to climate change.

74 Sustainability

Schindler ramped up and accelerated its ESG efforts.

1 Highlights

1. About Schindler

1. Milestones

1. Statement of the Board of Directors

10 Business drivers

1. Enhancing the quality of urban living

1. Ho Chi Minh City, Vietnam

1. Vienna, Austria

1. Toronto, Canada

1. The New Capital, Egypt

1. Sydney, Australia

1. Innovation and technology

1. Business review

1. Sustainability

1. Business model

1. Material sustainability topics
2. Sustainability Road Map
3. Sustainability governance and performance

1. How we manage sustainability

1. Information for our shareholders
2. Five-yearoverview

1. Registered share/participation certificate

1. Key sustainability figures

1. Financial calendar
2. Addresses

The Financial Statements are available separately.