Finance
Schindler forecasts modest 2026 revenue growth amid China pressure
Published by Global Banking & Finance Review®
Posted on February 11, 2026
2 min readLast updated: February 11, 2026
Quick Summary
Schindler forecasts modest 2026 revenue growth amid China's economic challenges, expecting recovery in key markets and operational improvements.
Schindler Anticipates Modest Revenue Growth for 2026 Amid China Challenges
2026 Revenue Forecast and Market Challenges
Feb 11 (Reuters) - Swiss lift and escalator maker Schindler said it expects 2026 revenue to grow by low- to mid-single digits in local currencies, anticipating recovering new installations in key markets to offset tariff impacts and pressure in China.
Sales Performance Overview
Fourth-quarter sales of 2.79 billion Swiss francs ($3.64 billion) were in line with the average forecast of 2.79 billion francs from analysts polled by Vara.
Impact of China's Economic Situation
Schindler said the market saw a strong finish to the year in the Americas and Asia Pacific, with growth in the new installations business, except for China, where that category shrank by more than 10% in 2025.
Future Strategies and Expectations
The Chinese economy has struggled with a prolonged property crisis, as new construction starts slumped 20.4% in 2025 after a fall of 23% the year before.
The company expects 2026 headwinds from volatile commodity prices and restructuring costs, as well as impacts from the product mix, along with market uncertainty, tariff impact and market pressures in the Chinese new installations business.
As positives for the 2026 financial year it expects selective bolt-on mergers and acquisitions, pricing discipline and continuous operational improvement to help boost performance, as well as growing markets for modernisation and a recovery in the new installations business in key markets.
The company said it would propose a dividend of 6 francs per share and participation certificate, stable at the same level as last year, but would also propose an extraordinary dividend of 0.80 per share and participation certificate.
($1=0.7659 Swiss francs)
(Reporting by Bernadette Hogg; Editing by Muralikumar Anantharaman and Clarence Fernandez)
Key Takeaways
- •Schindler forecasts low- to mid-single digit revenue growth for 2026.
- •China's economic struggles impact Schindler's new installations business.
- •Company anticipates headwinds from commodity prices and restructuring costs.
- •Positive outlook due to potential mergers, acquisitions, and operational improvements.
- •Dividend proposal remains stable with an extraordinary dividend addition.
Frequently Asked Questions about Schindler forecasts modest 2026 revenue growth amid China pressure
1What is revenue growth?
Revenue growth refers to the increase in a company's sales over a specific period, often expressed as a percentage. It indicates how well a company is performing in generating income.
2What is a dividend?
A dividend is a portion of a company's earnings distributed to its shareholders, typically in cash or additional shares. It represents a reward for investing in the company.
3What is market capitalisation?
Market capitalisation is the total market value of a company's outstanding shares of stock, calculated by multiplying the share price by the total number of shares. It reflects the company's size and investment potential.
4What is corporate strategy?
Corporate strategy is a plan that outlines how a company will achieve its goals and objectives, including decisions about resource allocation, market positioning, and competitive advantage.
