Schindler 2019 profit beats forecasts, says coronavirus to hit results
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ZURICH (Reuters) - Elevator maker Schindler on Friday reported 2019 profit that beat analysts expectations and said it expects up to 5% growth in 2020 sales despite the coronavirus outbreak, which it concedes will likely affect operations and results.Net profit fell to 929 million Swiss francs (£727 million), from just over 1 billion francs in 2018. Still, it beat the 890 million francs in a median forecast of 16 analysts in a Refinitiv poll. Sales rose 3.6% to 11.27 billion francs, compared..