Report
Delphine Brault

Dormakaba : Au S2 2020/2021e la croissance d’activité fera son grand retour mais la marge d’EBITDA sera pourtant en recul en séquentiel

>S1 2020/2021 : la marge d'EBITDA surprend favorablement - L’activité s’est établie en recul de 6% en organique au S1 2020/2021, contre -6.2% attendu par le consensus et -7.2% par nous, impactée principalement par la division AMER (recul de l’activité en construction commerciale, notamment hôtellerie) et par la division APAC. La marge d’EBITDA s’établit à 14.3% hors impact des exceptionnels (reprise de provisions sur litiges) et 14.8% en publié. Retraité des exception...
Underlying
Dormakaba Holding AG

dormakaba Holding and its subsidiaries are engaged in the security industry. Co. offers its customers solutions that benefits in terms of security, organization and convenience. Co.'s offering ranges from individual components, products and systems to fully integrated solutions from a single source. Co.'s activities are organized along three business segments: Door Systems, which provides a flexible and extensive range of automatic doors, gates and wall systems; Access & Data Systems, which includes all hardware and softwarebased components and systems for access control solutions; and Key & Ident Systems which produces key blanks and key encoding machines for the duplication of keys.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Delphine Brault

ResearchPool Subscriptions

Get the most out of your insights

Get in touch