Ad hoc: Key figures as of September 30, 2024
Ad hoc announcement pursuant to Art. 53 LR.
Progressing on our agenda
- Service and Modernization markets robust; New Installations markets overall declining with pockets of growth
- Growth in order intake across all regions, excluding China, led by Modernization and Service
- Third quarter EBIT margin 11.7% and EBIT adjusted margin 12.6%, mainly driven by continued operational improvement
- Cash flow from operating activities up 29%
- Planned CHF 500 million share buyback program
- On track to deliver on 2024 guidance
In the first nine months of 2024, order intake and revenue reached CHF 8 479 million and CHF 8 381 million, equivalent to a growth in local currencies of 2.4% and 1.8%, respectively. Operating profit increased to CHF 945 million, corresponding to an EBIT margin of 11.3%. The EBIT adjusted margin reached 11.8%. Net profit rose to CHF 748 million, corresponding to a net profit margin of 8.9%. Cash flow from operating activities increased by 29% to CHF 933 million.
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Press Release
with key figures as of September 30, 2024