Security

dormakaba Unveils Big North American Push: CHF 1 Billion Goal by 2028

This Research Note examines one of the top three companies in the global access solutions market, dormakaba. Based on their FY2024/2025 financial results, year ending 30 June 2025, and investor presentation, we summarize their financial highlights and explore their North American growth strategy and business model change for access control products. Previously, we covered their Capital Markets Day presentation in December 2024. dormakaba is listed on the SIX Swiss Exchange and is headquartered in Rümlang, near Zurich, Switzerland. Around 15,000 employees worldwide support a growing customer base in more than 130 countries. dormakaba FY 2024/2025 Financial Highlights Organic net sales growth of 4.1%, supported by strong volume growth; adjusted EBITDA margin increased by 80 bps to 15.5%; net profit of CHF 188.0 million Strong balance sheet; leverage improved to 0.8x; free cash flow at CHF 176.9 million Mid-term targets 2025/26 on track, ROCE target reached one year ahead of plan Strong strategy execution; transformation program […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now from just $400 per year per user for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 2000 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

Security

dormakaba Unveils Big North American Push: CHF 1 Billion Goal by 2028

This Research Note examines one of the top three companies in the global access solutions market, dormakaba. Based on their FY2024/2025 financial results, year ending 30 June 2025, and investor presentation, we summarize their financial highlights and explore their North American growth strategy and business model change for access control products. Previously, we covered their […]

Smart Building Startups H1 2025 Acquisition
Smart Buildings

Acquisitions Up, Investment Down: Is there a 2025 Smart Building Startup Reality Check?

Last week’s live stream provided a comprehensive analysis of the smart building startup ecosystem, focusing on investment trends, acquisition activity, and market dynamics for the first half of 2025. The session covered key data insights, market consolidation patterns, and strategic considerations for companies operating in the commercial building technology space. In this research note, you […]

Equans 2025
Smart Buildings

Equans Reports Strong €19.2 Billion Revenue Performance

This Research Note examines Equans, a €19.2 billion business unit of Bouyges group, which offers a wide range of multi-technical services that contribute to increasing the overall performance of buildings.  We review their building services portfolio and 2024 revenues before highlighting Equans Digital activities in the smart buildings space. This article updates our previous coverage of […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.