Schindler 2022 Earnings Update
Update challenge #2: regaining competitive NI margins
Metals price correction to flow through 6+ months inventory before reaching P&L
Semiconductor price surge reflects shortage, affecting current margins and delivery times
Steel and aluminum prices
250
200
150
100
50
01/2021
06/2021
Semiconductor prices
Key actions
200
Build-up strategic inventory
150
100
50
50
12/2021
06/2022
Northern Europe HRC steel
North America HRC steel
Aluminum
HRC: Hot Rolled Coil and aluminum
Source: Bloomberg, indexed, base January 1, 2021, Schindler
6 I Schindler 2022 | We Elevate | July 22, 2022
Investor Relations
H2 2020
Lead times: 3x
H1 2021 H2 2021 H1 2022
Reduce dependency on single-
source suppliers
Hedging strategies for bulk
materials ready to trigger
Engage with strategic suppliers
Accelerate strategic procurement
upgrade (Top Speed 23 program)
Model 1
Model 2
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