Dormakaba reports 20% decline in half-year profit

Dormakaba Holding AG

24/02/2026 05:43

Feb 24 (Reuters) - Swiss access solutions provider Dormakaba DOKA.S reported a 20% fall in its half-year profit on Tuesday, missing market expectations, after unfavourable currency exchange rates affected sales volumes.

The group, whose entrance systems can be found in venues such as offices, commercial buildings, airports and sports stadiums, said its net profit was 77.4 million Swiss francs ($99.7 million) in the six months through December.

Analysts polled by the company were expecting a profit of 85.7 million francs on average.

($1 = 0.7763 Swiss francs)

(Reporting by Mirko Miorelli and Bernadette Hogg in Gdansk, editing by Milla Nissi-Prussak)

((Mirko.miorelli@thomsonreuters.com))