Dormakaba : Robust 2023-24 earnings, the guidance underpins the medium-term targets
>FY 2023-24: Sales up +4.7%, adjusted EBITDA margin +120bp - This morning, the group reported FY 2023-24 results a shade above the consensus. Organic growth stood at 4.7%, slightly above the consensus (4%), of which 5.5% for H2 alone. As a reminder, the group was aiming for organic growth of 3-5%. The 5.5% includes a price effect of 2.8% and therefore a volume effect of 1.9% (of which 0.8% in H1 and 3.1% in H2). In terms of activity, the best performance came (su...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.