UPDATE 2-Schindler sees stable 2009 profit on Asian demand
* Schindler full-year net profit 634 mln Swiss francs
* Average estimate in Reuters poll 622 mln francs
* Expects to maintain net profit in 2009 at current level
* Shares rise 3.2 percent
(Adds details, analyst comment, shares)
By Katie Reid
ZURICH, Feb 17 (Reuters) - Swiss lift and escalator maker Schindler Holding AG expects to weather the economic slump thanks to its well-filled order books, seeing stable profits after a forecast-beating 11 percent rise in 2008 net profit.
By 1021 GMT, Schindler stock (SCHN.S) (SCHP.S), which has already gained some 10 percent so far this year, had risen 3.2 percent to 54.50 francs, outperforming a 1.7 percent drop in the Swiss mid-cap index .SMIM.
Demand for its products in Asia and the Middle East was still growing, especially in China, where government spending was fuelling construction, a Schindler spokesman said. Continued...


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