Dormakaba sees organic growth of slightly above 3% to 5% in H1

Dormakaba Holding AG

31/08/2022 05:50

Aug 31 (Reuters) - Swiss security group Dormakaba Holding
 DOKA.S  said on Wednesday it expected organic growth slightly
above its mid-term target range of 3% to 5% but added that the
guidance applied only to the first half of the 2022/23 financial
year, as geopolitical and macroeconomic risks increase.
    The company said it expected an adjusted earnings before
interest, tax, depreciation and amortisation (EBITDA) margin of
around 13% in the first half of financial year 2022/23.

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