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Schindler Holding AG (Schindler Holding AG) Cash Received from Insurance Activities


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What is Schindler Holding AG Cash Received from Insurance Activities?

Cash Received from Insurance Activities only applicable to companies reporting Cash Flow from Operations in direct method.


Schindler Holding AG (Schindler Holding AG) Business Description

Industry
Address
Seestrasse 55, Hergiswil, CHE, 6052
Switzerland-based Schindler is a top-four global supplier of elevators and escalators. The business generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing existing installations. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. Ninety percent of its business is in elevators, which are more numerous globally than escalators. Its business model is similar to that of closest competitors Otis, Kone, and TK Elevator.