Brief: Dormakaba FY Adj. EBITDA-Margin At 15.2%

Dormakaba Holding AG

03/09/2024 05:37

Sept 3 (Reuters) - DORMAKABA HOLDING AG  DOKA.S :
    * STRONG ORGANIC GROWTH AND MARGIN EXPANSION IN 2023/24
–STRATEGY
REITERATED AND ENHANCED
    * FY TOTAL SALES AMOUNTED TO CHF 2,837.1 MILLION
    * FY NET PROFIT WAS SLIGHTLY LOWER AT CHF 82.2 MILLION
    * FY ADJUSTED EBITDA INCREASED BY CHF 32.1 MILLION TO CHF
416.9
MILLION
    * OUTLOOK 2024/25: ORGANIC NET SALES GROWTH OF 3-5% AND AN
ADJUSTED EBITDA MARGIN OF AT LEAST 15%
    * FREE CASH FLOW OF CHF 204.6 MILLION (+15.9%)
    * FY ADJUSTED EBITDA MARGIN INCREASED TO 15.2%
    * BOARD WILL PROPOSE TO 2024 ANNUAL GENERAL MEETING THAT A
DIVIDEND OF CHF 8.00 PER SHARE BE PAID OUT FOR FINANCIAL YEAR
2023/24
    * RETURN ON CAPITAL EMPLOYED (ROCE) INCREASED TO 29.0%
    * FY ORGANIC NET SALES GROWTH OF 4.7%

Source text for Eikon:  ID:nEQ9YLgxMa 
Further company coverage:  DOKA.S 

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