Schindler Holding AG

SCHN: XSWX (CHE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CHF 281.00	Gbk	Dvyqvdnzn

Robust Service and Modernization Orders Aid Schindler During Period of Weakened New Equipment Demand

Grant Slade

Oct 19, 2023

Business Strategy and Outlook

Schindler is an industry leader and one of the four largest globally active elevator and escalator original equipment manufacturers. As an integrated player, its operations span manufacturing, installation, and elevator and escalator servicing. Schindler also performs elevator modernization services for elevator systems at the end of their typical 15- to 20-year useful life. Schindler commands an approximate 15% share of the estimated $80 billion global elevator and escalator market.

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