Security

Improved Business Results for dormakaba in a Demanding Environment

dormakaba Group, one of the top three companies in the global access solutions market, finished FY 2020/21 (year ending 30 June 2021) with good business results that marked an improvement on the previous year.  Overall, consolidated net sales amounted to CHF 2,499.7 million (the previous year CHF 2,539.8 million), a decline of 1.6% (CHF 40.1 million). The company recorded organic sales growth of 1.3% and an EBITDA margin of 14.1% (previous year 12.8%).  “Our results are in line with our guidance, with a slightly better organic growth. The main reason for the good results was the strong performance of our European and Asian businesses.”  dormakaba CEO Sabrina Soussan said on 1st September 2021 With its strong brands, their portfolio includes locking systems – from cylinders, keys, and locks right through to fully networked electronic access solutions as well as cloud-based solutions – but also physical access systems and automatic door systems as well as door hinges, fittings, and door closers. The Access Solutions […]

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