trending Market Intelligence /marketintelligence/en/news-insights/trending/tAWMe3aA9x7CjpZXt35sXA2 content esgSubNav
In This List

Schindler Holding Q2 profit climbs YOY

Blog

Essential Government & Regulatory Insights July 2021

Blog

Essential Government & Regulatory Insights June 2021

Blog

Over 150 state-level energy-related measures enacted during Q2'21

Blog

Insight Weekly: Earnings learnings; Duke Energy hits back; PE activity surges


Schindler Holding Q2 profit climbs YOY

Schindler Holding AG said its second-quarter normalized net income came to CHF1.27 per share, an increase from CHF1.24 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was CHF134.0 million, compared with CHF133.1 million in the prior-year period.

The normalized profit margin dropped to 5.6% from 5.8% in the year-earlier period.

Total revenue increased year over year to CHF2.35 billion from CHF2.29 billion, and total operating expenses climbed year over year to CHF2.10 billion from CHF2.06 billion.

Reported net income decreased 16.3% from the prior-year period to CHF164.0 million, or CHF1.56 per share, from CHF196.0 million, or CHF1.83 per share.