Schindler expects modest 2026 growth as China property crisis weighs on sales

Swiss lift maker Schindler expects modest 2026 growth as global demand offsets a sharp downturn in China. The firm also proposed an extraordinary dividend.

Insights:
Schindler Holding AG announced on Wednesday that it forecasted low- to mid-single-digit revenue growth for 2026 in local currencies. The Switzerland CHCH-based group issued this guidance alongside fourth-quarter results that matched analyst forecasts. In a move to set near-term financial expectations, the company also proposed a stable ordinary dividend and an extraordinary dividend for its shareholders.
The logo of Swiss elevator maker Schindler is seen during the annual news conference in Zurich, Switzerland, on February 14, 2020. REUTERS/Arnd Wiegmann
The logo of Swiss elevator maker Schindler is seen during the annual news conference in Zurich, Switzerland, on February 14, 2020. REUTERS/Arnd Wiegmann
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