Brief: Dormakaba FY Sales, Margins Top Expectations

Dormakaba Holding AG

31/08/2023 05:37

Aug 31 (Reuters) - Dormakaba FY adjusted free cash flow CHF 288.4 million.
* FY sales CHF 2,848.8 million vs. estimate CHF 2,819 million
* FY net income CHF 88.5 million
* Net profit reflects negative impact of CHF 59.5 million from goodwill
amortization
* FY adjusted EBITDA margin 13.5% vs. estimate 13.2%
* FY organic growth 8.4% vs. estimate 6.9%
* FY adjusted EBITDA CHF 384.8 million