Schindler Annual Results 2021
Top Speed 23 program update
CHF 58 million spent in 2021 - further acceleration needed
Core initiatives
New installations growth in
selected strategic markets
Portfolio growth/investments
in mass connectivity
Status
% expenses of full program EBIT Impact as of (year)
5 - 10%
2022
Growth above market in all
key markets, margins to be improved
30% increase of connected units
despite semiconductor shortage
40 - 50%
2022
Sustainable modernization
solutions
Digital Twin
(elevators and escalators)
Product innovation for
selected markets/segments
Procurement excellence
Market opportunities identified,
modular solutions under development
Escalators: live product design
and planning, supply and shop floor
management; Elevators: pilot phase
Coverage gaps identified in strategic
markets, new product development
under way
New procurement operating model
defined, implementation under way
22
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10-20%
10 - 20%
10-20%
2023
< 5%
2022
2025
2025
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