Ad hoc: Interim Report as of June 30, 2024
Ad hoc announcement pursuant to Art. 53 LR.
Delivering on commitments
- Service and Modernization markets robust; persisting challenges in New Installation markets
- Growth in order intake and revenue in local currencies
- EBIT margin 11.0%, EBIT adjusted margin 11.4%; six consecutive quarters of margin improvement
- Solid improvement in cash flow from operating activities: up 30%
- Successful product introductions: new standardized modular platform gaining traction; new US mid-rise product launched
- 2024 guidance confirmed
In the first six months of 2024, order intake and revenue reached CHF 5 768 million and CHF 5 593 million, equivalent to a growth in local currencies of 1.0% and 1.4%, respectively. Operating profit increased to CHF 618 million, corresponding to an EBIT margin of 11.0%. The EBIT adjusted margin reached 11.4%. Net profit rose to CHF 494 million, corresponding to a net profit margin of 8.8%. Cash flow from operating activities increased by 30% to CHF 676 million.
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Press Release
with key figures as of June 30, 2024
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Interim Report
as of June 30, 2024