Dormakaba reports first-half net sales slightly below expectations

Dormakaba Holding AG

05/03/2024 05:42

March 5 (Reuters) - Dormakaba  DOKA.S  reported on
Tuesday half-year net sales slightly below expectations, hurt by
a negative currency translation effect.
    Group net sales amounted to 1.38 billion Swiss francs ($1.56
billion) for the half-year period ending December, up 3.9%
organically but slightly below analysts' average forecast of
1.41 billion Swiss francs provided by LSEG.

($1 = 0.8852 Swiss francs)

 (Reporting by Amir Orusov and Anastasiia Kozlova; Editing by
Jacqueline Wong)
 ((Amir.Orusov@thomsonreuters.com and
Anastasiia.Kozlova@thomsonreuters.com))