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EarningsQ2 2026 Earnings Report
CH:SCHP Q2 2026 EPS Results
Actual EPSCHF2.49
Consensus EPSCHF2.54
Beat/MissMissed by -CHF0.05
One Year Ago EPSCHF2.42
CH:SCHP Q2 2026 Revenue Results
Actual RevenueCHF5.33B
Expected RevenueCHF2.76B
Beat/MissBeat by +CHF2.57B
YoY Revenue Growth-2.88%
Earnings Announcement Details
QuarterQ2 2026
Date07/21/2026
TimeBefore Open
Conference CallTuesday, July 21, 2026
CH:SCHP Upcoming Earnings
Schindler Holding AG's next earnings date is estimated for October 22, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
CH:SCHP Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call highlights strong operational execution: record margins, robust and sustained modernization growth, backlog expansion and clear efficiency gains driven by the modular platform and product innovation. However, top-line momentum is constrained by weak New Installation demand in China, FX headwinds, working capital/cash flow timing issues and near-term cost inflation/tariff pressures. Management maintained full-year guidance and communicated mitigation actions (pricing, surcharges, procurement and efficiency measures). The results therefore reflect solid operational strength but tangible macro and regional headwinds that balance the positives.Company Guidance
Record Operating Margin and Profitability
EBIT margin expanded by 90 basis points to 13.2% in H1 2026 (13.5% adjusted). Management reported another record operating profit and net profit margins moved into double digits in H1, with net margin passing 10% in Q1 and continuing higher in Q2.
Modernization: Strong, Consistent Growth
Modernization grew ~13% in local currencies in H1 and marked six consecutive quarters of double-digit growth; the average growth rate over those six quarters was 17%. Modernization backlog was up ~13% year-on-year.
Order Intake Growth and Regional Strength Outside China
Group order intake grew 2.9% in local currencies in H1 2026. Excluding China, New Installation order intake grew high single digit in value and low double digit in units. EMEA order intake rose over 12% in units, with EMEA modernization orders up ~16%.
Backlog Expansion and Improving Backlog Margin
Total backlog increased ~5.8% versus year-end 2025 (Carla cited +3% y/y vs Q2 last year and +6% year-to-date). Backlog margin improved sequentially, supported by stronger, higher-margin modernization orders.
Operational Efficiency and Cost Savings
Operational improvements contributed CHF 45 million in the H1 EBIT bridge. Management reiterated ambition on structural efficiencies (CHF ~200 million program referenced), with Carla stating they are on track—potentially stronger—in H2 as modular platform rollouts lift field and fulfillment efficiencies.
Maintained Full-Year Guidance
Company confirmed full-year 2026 guidance: revenue growth of low- to mid-single digits (local currencies) and an annual EBIT margin guidance of 13%, implying a planned acceleration in revenue and continued margin delivery in H2.
Product & Market Recognition and New Product Momentum
Schindler was named among Fortune's Europe's Most Innovative Companies and won Red Dot and iF Design Awards for the Schindler X8. The modular platform showed good traction (notably in Europe) and the new U.S. mid-rise product is gaining momentum, improving installation efficiencies and competitiveness.
Service Portfolio Expansion
Maintenance portfolio continued to expand with accelerated growth in China and APAC (ex-China). Service growth was accretive to group order intake, and management expects mid-single-digit service growth for the full year.
CH:SCHP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed