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Analysis-Some investors tiptoe back into Treasuries, as hawkish Fed clouds outlook

Swiss Schindlers quarterly profit drop beats estimates

WikiFX

| 2022-04-22

Abstract：By Ana CanteroRos and Alexander Kloss (Reuters) – Swiss elevator and escalator maker Schindler reported on Friday a drop in first-quarter net profit, but beat the companys consensus forecast, despite supply chain woes, cost inflation, lockdowns and market contraction in China.

div classBodysc17zpet90 cdBBJodivpBy Ana CanteroRos and Alexander Klossp

pReuters – Swiss elevator and escalator maker Schindler reported on Friday a drop in firstquarter net profit, but beat the companys consensus forecast, despite supply chain woes, cost inflation, lockdowns and market contraction in China.pdivdivdiv classBodysc17zpet90 cdBBJodiv

pNet profit of 144 million Swiss francs 151.07 million was below the yearearlier figure of 213 million, but beat the forecast of 137.4 million francs made by analysts in a companycompiled consensus.p

pp Reporting by Ana Cantero and Alexander Kloss Editing by Clarence Fernandezp

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