Schindler Holding AG

Schindler Holding AG

0QOT.L
Schindler Holding AGGB flagLondon Stock Exchange
261.50
CHF
-1.04
- -
27.89BMarket Cap
Schindler Holding AG
0QOT.L
(London Stock Exchange)

Recent

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261.50

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yld

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Business
Schindler Holding AG is a Switzerland-based multinational company specializing in the design, manufacture, installation, modernization, and servicing of elevators, escalators, and moving walkways. Its core product portfolio includes a wide range of elevator types such as machine-room-less elevators, high-rise elevators, freight and special elevators, residential elevators, and commercial elevators; as well as escalators and moving walkways for commercial and public transport applications. The company also provides advanced transit management solutions like Schindler PORT and myPORT, which utilize digital and touchless technologies for optimized traffic flow and personalized access control in buildings. Schindler further offers innovative hygiene and safety features, including touchless operating panels, antibacterial films, UV-C air sanitation systems, and mobile apps for remote interaction with elevator systems. The company operates globally with production facilities across Brazil, China, Slovakia, Spain, Switzerland, India, and the United States, and is present in over 140 countries. Founded in 1874, Schindler is headquartered in Ebikon, Switzerland. Recent developments include the launch and expansion of a new standardized modular elevator platform comprising product lines such as Schindler 1000, 3000, 5000, and 6000, which feature cutting-edge connectivity, touchless functionalities, and enhanced digital services for improved passenger experience and operational efficiency. Schindler has introduced the industry's first low-carbon emission steel elevator as part of its sustainability and innovation efforts. The company continues to focus on modernizing aging infrastructure with double-digit growth in its modernization business, supported by industrialization and standardization of product portfolios. Geographically, it has responded to challenges in the Chinese new installation market by repositioning its business while gaining market share in the US mid-rise segment. In a significant operational change in October 2025, Schindler agreed to sell its Schindler Elevator Co., Ltd. in Korea to Otis Elevator Korea Co. Ltd., subject to regulatory approval. The group has also pursued efficiency initiatives and supply chain enhancements to sustain margin improvements. Schindler's sustainability roadmap targets net zero carbon emissions by 2040, supported by initiatives like the rollout of modular platforms and energy-efficient technologies. The company operates primarily within the Elevators and Escalators segment and leverages digitalization, service expansion, and modernization to drive profitable growth across its global customer base in commercial, residential, and public infrastructure sectors. Schindler Holding AG remains publicly traded on the SIX Swiss Exchange and continues to evolve its product and service offerings to meet evolving urban mobility and sustainability demands worldwide.