Key figures Q1/2020: Stable revenue in local currencies
April 22, 2020 at 12:43 am EDT
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For the first quarter of 2020, Schindler reports stable revenue in local currencies (-0.2%), supported by the resilience of the service business. In Swiss francs, revenue of CHF 2 447 million declined 5.2% as numerous currencies depreciated. As the impact from the COVID-19 pandemic has expanded globally, order intake in the first quarter of 2020 declined 8.4% to CHF 2 720 million (-3.2% in local currencies).
The Group's highest priority continues to be the safety and well-being of employees, their family members, customers, and the passengers who use Schindler elevators and escalators throughout the world every day.
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Schindler Holding Ltd. published this content on 22 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 April 2020 04:42:18 UTC
Schindler Holding AG is a Switzerland-based holding company that specializes in the manufacture of escalators, elevators and moving walks. It operates globally within one main segment: Elevators and Escalators. The Elevators and Escalators segment provides a range of elevators for different applications, including freight and special elevators, high-rise elevators, residential elevators and commercial elevators. It also offers commercial and public transport escalators, as well as inclined and horizontal moving walks. It's affiliated company, ALSO Holding AG, which provided information and communications technology and consumer electronics in the wholesale and logistics sectors, was disposed during 2011 and merged with Actebis GmbH, forming ALSO-Actebis Holding AG. In June 2014, closed the real estate development project Mall of Switzerland (formerly EbiSquare) together with Halter AG and sold its stake in EbiSquare AG to Halter AG
SCHINDLER HOLDING AG 
