Swiss elevator maker Schindler hikes FY outlook on strong services business ...Middle East

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Swiss elevator maker Schindler hikes FY outlook on strong services business
Logo of Swiss manufacturer Schindler is seen at an elevator in Zurich, Switzerland February 17, 2021. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing Rights Oct 19 (Reuters) – Swiss elevator maker Schindler (SCHP.S) lifted its 2023 revenue and net profit forecast on Thursday, saying its services business continued to grow while new installations declined less than the market. Schindler now expects revenue growth between 6% and 8%, as well as net profit to reach between 880 million Swiss francs($978.54 million) and 910 million francs for the full year. The Swiss company previously aimed for revenue growth of 5% to 8% and net profit of 860 million to 900 million francs. Schindler

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