Schindler sees coronavirus hit of 'several hundreds of millions'

ZURICH (Reuters) - Schindler may see "several hundreds of millions" of Swiss francs stripped from this year's sales as a result of coronavirus-related disruptions, CEO Thomas Oetterli said on Friday after the company reported a fall in 2019 profits.China accounts for more than half of the world's new lift installations and for Schindler the Asia-Pacific region makes up 27% of sales. In China, Schindler has supplied Beijing and Chengdu metro lines and Shanghai's 66-floor, 28-elevator Sinar Mas..