Schindler : Q1-2023 Presentation

Q1 2023 results

April 20, 2023

© Schindler 2023

Key messages

New installations (NI)		Order intake		Revenue
markets		Decrease in NI reflecting		Growth across all regions
Weakening trend globally,		weakening global market trends,		and product lines
uncertainty persists		growth in Service and Repairs

Improved EBIT and		Progress on disciplined
	execution of strategic
net profit
	priorities

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Continued changes to the Executive Committee

New CTO as of May 1, 2023

Group Executive Committee (as of May 1, 2023)

Chairman and CEO

S. Napoli

CFO		COO
C. De Geyseleer		C. Compagna

Europe		Europe					China
South		North		Asia-Pacific
J. Arce		M. Pohle		R. Seakins		D. Ziai

Human

Resources

T.B. Staehelin

CTO

D. Carparelli

CIO

M. Attrovio

Changes since January 2022

• Combined Chairman and CEO role
• New COO position
• New Head Asia-Pacific
• FQE removed from ExCo and lead change
• Operations removed from ExCo
• Head Americas changed and removed from ExCo
• New CFO
• Supply Chain removed from ExCo
• New CTO

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Staying the course

Year-on-year revenue and EBIT evolution (CHF million)

	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23
			158		164
				82	71
30
				- 4					Revenue
0									EBIT
		- 54
	- 77	- 127

• 160

EBIT growth in local currencies

• EBIT margin in percentage points

-25.7%

-3.1

-38.2%

-4.0

-15.0%

-2.4

+1.2%

-0.4

+39.8%

+2.1

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Agenda

1.	Market update	Silvio Napoli
2.	Financial results	Carla De Geyseleer
3.	Outlook 2023	Carla De Geyseleer
4.	Q&A	Silvio Napoli/Carla De Geyseleer

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