Dormakaba sees full-year organic growth above mid-term target of 3% to 5%

Dormakaba Holding AG

07/03/2023 05:49

March 7 (Reuters) - Swiss security group Dormakaba
Holding AG  DOKA.S  on Tuesday said it expects continued organic
growth above its mid-term target range of 3% to 5% in the
2022/23 fiscal year, and that it is exposed to global
macroeconomic and geopolitical pressure.
    The company said it sees sequential improvement to a
slightly higher full-year adjusted earnings before interest,
tax, depreciation and amortisation (EBITDA) margin.

 (Reporting by Bartosz Dabrowski in Gdansk; Editing by
Christopher Cushing)
 ((bartosz.dabrowski@thomsonreuters.com; +48 58 7696560;))