Earnings release
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Schindler Management Ltd. Corporate Communications Ad hoc announcement pursuant to Art . 53 LR Key figures as of September 30 , 2021 Press release October 21 , 2021 Fast - changing environment Schindler Order intake , revenue , and net profit back to 2019 pre - pandemic levels - Operating results affected by global supply chain issues , material and freight cost inflation - 2021 full - year outlook confirmed " Different recovery in some key markets combined with supply chain issues causes delays in construction activities , " says Thomas Oetterli , Schindler's CEO . " More than ever , speed and agility are essential to reinforce competitiveness . That's why with the Top Speed 23 program , we are accelerating digital transformation and product innovation . " Order intake and order backlog In the first nine months of 2021 , order intake increased by 12.0 % to CHF 9 038 million ( previous year : CHF 8 067 million ) , thereby returning to its 2019 pre - pandemic level . In comparison to the previous year , this corresponds to a growth of 12.3 % in local currencies . Order intake rose in all regions and product lines . Asia - Pacific generated the highest growth rate , followed by the Americas and EMEA regions . New installations and modernization grew strongly , while repairs and maintenance recorded positive momentum . In the third quarter of 2021 , order intake increased by 10.4 % to CHF 2 995 million ( previous year : CHF 2 712 million ) , which is equivalent to a growth of 8.8 % in local currencies . As of September 30 , 2021 , order backlog reached CHF 9 810 million ( September 30 , 2020 : CHF 8 948 million ) , corresponding to an increase of 9.6 % ( 6.7 % in local currencies ) . Revenue Revenue increased by 7.4 % to CHF 8 282 million in the first nine months of 2021 ( previous year : CHF 7 713 million ) - in line with the 2019 pre - pandemic level . Compared to the prior - year , this is equivalent to a growth of 7.6 % in local currencies . Revenue grew in all regions , with Asia - Pacific generating the highest growth rate , followed by the Americas and EMEA regions . In the third quarter of 2021 , revenue rose by 1.9 % to CHF 2 807 million ( previous year : CHF 2 754 million ) , which is equivalent to an increase of 0.4 % in local currencies . Disruptions in global supply chains and delays in project execution slowed growth rates . Schindler Group - Key figures as of September 30 , 2021 Page | 1