Schindler Holding AG Part.Cert.

Schindler Holding is a holding company. Co. through its subsidiaries is engaged in the production of escalators, elevators and moving walks. Co. operates globally in one main division: Elevators and Escalators. The Elevators and Escalators division provides a range of elevators for different applications, including freight and special elevators, high-rise elevators, residential elevators and commercial elevators. Co. also provides commercial and public transport escalators and inclined and horizontal moving walks.
  • TickerSCHP
  • ISINCH0024638196
  • ExchangeSix Swiss Exchange
  • SectorIndustrial Engineering
  • CountrySwitzerland

Analysts

Alfred Glaser ...
  • Delphine Brault

ODDO : Elevators – stuck between floors

A takeover of thyssenkrupp Elevator Technology by KONE might provide upside of 4-20%, including a capital increase and significant synergies (high range of € 7-10 per share). But there are also risks (rejection by competition authorities). We prefer Schindler. - - >Takeover of thyssenkrupp by KONE: upside of between 4% and 20% - Recent articles have reported that KONE will soon make a bid on thyssenkrupp Elevator Technology. This deal could harbour potential for KONE. O...

Alfred Glaser ...
  • Delphine Brault

ODDO : Ascensoristes : coincés entre 2 étages

Un rachat de thyssenkrupp Elevator Technology par KONE pourrait offrir au titre de 4% à 20% d’upside, en intégrant une augmentation de capital et des synergies significatives (la fourchette haute de 7-10 € par action). Mais cette opération présente aussi des risques (refus des autorités de la concurrence). Nous préférons Schindler. - >Rachat de thyssenkrupp par KONE : entre 4% et 20% d’upside - Des articles récents font état d’une offre prochaine de KONE sur thyssenkru...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Baptiste Lebacq
  • Benoit Valleaux
  • Bruno Cavalier
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Louis Boujard
  • Philippe Ourpatian
  • Roland Pfaender
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 04/29/2019

...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Baptiste Lebacq
  • Benoit Valleaux
  • Bruno Cavalier
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Louis Boujard
  • Philippe Ourpatian
  • Roland Pfaender
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 29/04/2019

...

Alfred Glaser ...
  • Delphine Brault

Schindler Holding Ltd : Decent Q1 but cautious stance on the rest of the year

>Q1 marked by strong growth but EBIT shy of expectations - Like KONE last Thursday, Schindler reported decent Q1 figures thanks to better-than-expected sales growth while the adjusted EBIT margin, however, was 30bp shy of estimates. Accordingly, orders showed growth of 6.4% at constant forex (consensus at +3.3%) and sales rose 5.8% (consensus at +4.5%). The group indicated that both new equipment and services contributed to this pace of growth. The adjusted EBIT margi...

Alfred Glaser ...
  • Delphine Brault

ODDO : Elevators – stuck between floors

A takeover of thyssenkrupp Elevator Technology by KONE might provide upside of 4-20%, including a capital increase and significant synergies (high range of € 7-10 per share). But there are also risks (rejection by competition authorities). We prefer Schindler. - - >Takeover of thyssenkrupp by KONE: upside of between 4% and 20% - Recent articles have reported that KONE will soon make a bid on thyssenkrupp Elevator Technology. This deal could harbour potential for KONE. O...

Alfred Glaser ...
  • Delphine Brault

ODDO : Ascensoristes : coincés entre 2 étages

Un rachat de thyssenkrupp Elevator Technology par KONE pourrait offrir au titre de 4% à 20% d’upside, en intégrant une augmentation de capital et des synergies significatives (la fourchette haute de 7-10 € par action). Mais cette opération présente aussi des risques (refus des autorités de la concurrence). Nous préférons Schindler. - >Rachat de thyssenkrupp par KONE : entre 4% et 20% d’upside - Des articles récents font état d’une offre prochaine de KONE sur thyssenkru...

Alfred Glaser ...
  • Delphine Brault

Schindler Holding Ltd : Decent Q1 but cautious stance on the rest of the year

>Q1 marked by strong growth but EBIT shy of expectations - Like KONE last Thursday, Schindler reported decent Q1 figures thanks to better-than-expected sales growth while the adjusted EBIT margin, however, was 30bp shy of estimates. Accordingly, orders showed growth of 6.4% at constant forex (consensus at +3.3%) and sales rose 5.8% (consensus at +4.5%). The group indicated that both new equipment and services contributed to this pace of growth. The adjusted EBIT margi...

Alfred Glaser ...
  • Delphine Brault

Schindler Holding Ltd : Un T1 correct mais le discours pour le reste de l’année s’est voulu prudent

>Un T1 marqué par une forte croissance mais un EBIT sous les attentes - Comme KONE jeudi dernier, Schindler a publié un T1 correct, grâce à une croissance d’activité supérieure aux attentes, tandis que la marge d’EBIT ajustée se révélait en revanche 30 pb inférieure aux attentes. Ainsi, les commandes sont en croissance de 6.4% à changes constants (consensus à +3.3%) et le chiffre d’affaires progresse de 5.8% (consensus à +4.5%). Le groupe a indiqué que tant les nouvea...

Alfred Glaser ...
  • Delphine Brault

Schindler Holding Ltd : Strong Q1 growth, 2% miss at the EBITA level. 2019 guidance confirmed

>Solid revenue growth in LC at 5.8%, EBIT margin at 10.6% - Please note that we have changed the analyst covering the stock. Schindler published this morning its Q1 2019 results, which came in above forecasts for the top line and slightly below forecasts for the EBIT margin. We retain the following factors:Order growth in Q1 in local currency (LC) was 6.4% (vs +3.3% expected by consensus).Revenue growth in LC was good at 5.8% in the quarter (vs +6.5% in...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Baptiste Lebacq
  • Benoit Valleaux
  • Bruno Cavalier
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Louis Boujard
  • Philippe Ourpatian
  • Roland Pfaender
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 04/29/2019

...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Baptiste Lebacq
  • Benoit Valleaux
  • Bruno Cavalier
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Louis Boujard
  • Philippe Ourpatian
  • Roland Pfaender
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 29/04/2019

...

Ahmed Ben Salem ...
  • Alfred Glaser
  • Antoine Boivin-Champeaux
  • Charles Lepetitpas
  • Christophe Chaput
  • Delphine Brault
  • Emira Sagaama
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Laurence Hofmann
  • Louis Boujard
  • Martial Descoutures
  • Matthias Desmarais
  • Michael Foundoukidis
  • Nicolas David
  • Philippe Ourpatian
  • Pierre Corby
  • Rémi Adam
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 04/26/2019

...

Ahmed Ben Salem ...
  • Alfred Glaser
  • Antoine Boivin-Champeaux
  • Charles Lepetitpas
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Emira Sagaama
  • Florent Laroche-Joubert
  • François Maury
  • Geoffroy Michalet
  • Georges Dieng
  • Jean Sassus
  • Laurence Hofmann
  • Louis Boujard
  • Martial Descoutures
  • Matthias Desmarais
  • Michael Foundoukidis
  • Nicolas David
  • Philippe Ourpatian
  • Pierre Corby
  • Rémi Adam
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 26/04/2019

...

Alain William ...
  • Alfred Glaser
  • Delphine Brault
  • Jean Sassus
  • Jerôme Bodin
  • Olfa Taamallah
  • Samantha Jeary
  • Steven Gould
  • Sylvain Goyon
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 04/16/2019

The outperformance from banks in January was eroded before turning in March (post-ECB capitulation) into an underperformance (1.5% at 12 April). The banking sector’s fundamentals remain complicated but a less worrying macroeconomic environment and especially the recognition by the ECB of the side effects of negative rates argue in favour of a temporary outperformance. The ECB’s new tone opens the door to the "fantasy" of a rebound in the interest margin (negative TLTRO rate?). This id...

An unfavourable environment weighs on SCHINDLER HOLDING AG, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of SCHINDLER HOLDING AG (CH), active in the Industrial Machinery industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date November 20, 2018, the closing price was CHF 197.50 and its target price was estimated at CHF 187.63.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

MarketLine Department

KONE Corporation - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's KONE Corporation Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by KONE Corporation since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key H...

Schindler Holding AG – Proxinvest Corporate Governance Rating ® : D

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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