Schindler forecasts modest 2026 revenue growth amid China pressure

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. 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. Schindler said the market saw a strong finish to the year in ‌the Americas and Asia ⁠Pacific, ...