Profit hike – Significant increase in profit expected for the first half-year 2024/25
Tuesday, February 4, 2025
Rümlang, 4 February 2025 – dormakaba today announces that it is expecting to report a significant increase in reported operating profit (EBIT, Earnings before interest and taxes) and net profit for the first half-year 2024/25 for the period ending 31 December 2024 relative to the period ending 31 December 2023.
Net sales and adjusted EBITDA margin are expected to be in line with 2024/25 full-year guidance. The significant increase in reported operating profit and net profit is attributable to lower restructuring costs and goodwill amortization as well as the sale of a site in Montreal.
Financial results for the first half-year as at 31 December 2024 will be reported on 25 February 2025 after approval by the Board of Directors.
| Further information for: | |
| Investors | Media |
| Swetlana Iodko Schoordijk | Patrick Lehn |
| Head Investor Relations | Press Officer |
| T: +41 44 818 90 28 | T: +41 44 818 92 86 |
| swetlana.iodko@dormakaba.com | patrick.lehn@dormakaba.com |