Schindler Holding AG

SCHN: XSWX (CHE)
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Schindler's Modernization and Service Underpins Margin Expansion

Business Strategy and Outlook

Schindler is one of four global leaders in the elevator and escalator industry, operating in a mature, consolidated, and structurally attractive market. Like its peers, Schindler derives most of its profit from its services business, which benefits from a large installed base and delivers stable, high-margin, recurring revenue and stable cash flows.

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