Schindler Earnings: Margin Momentum Continues as China Headwinds Ease; Increasing Fair Value by 9%
Schindler delivered 5.1% local-currency revenue growth and a 14.0% reported EBIT margin in the third quarter, up 100 basis points year over year. Management raised its 2026 margin guidance to about 13.5%, sending shares up 6.5% intraday.