Dormakaba reports higher annual core profit

Dormakaba Holding AG

03/09/2024 05:41

Sept 3 (Reuters) - Swiss security technology group
Dormakaba  DOKA.S  reported an 8.3% rise in its full-year
adjusted core profit on Tuesday, helped by the cost cutting
programme launched in July last year.
    The company, whose products range from entrance systems to
safe locks, posted adjusted earnings before interest, tax,
depreciation and amortisation (EBITDA) of 416.9 million Swiss
francs ($488.9 million) for the year ended June 30, up from
384.8 million a year earlier.
($1 = 0.8527 Swiss francs)

 (Reporting by Tristan Veyet and CHiara Holzhaeuser in Gdansk,
editing by Milla Nissi)
 ((Tristan.Chabba@thomsonreuters.com;))