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First half of the financial year 2023/24: dormakaba reports organic growth of 3.9% and significant margin improvement

Ad hoc , dormakaba News

First half of the financial year 2023/24: dormakaba reports organic growth of 3.9% and significant margin improvement

Ad hoc announcement pursuant to Art. 53 LR

Organic sales growth of 3.9% (of which 3.1% relates to pricing)Adjusted EBITDA increased by 8.7% to CHF 200.7 million (previous year: CHF 184.6 million), with an adjusted EBITDA margin of 14.6% (previous year: 13.0%)Net sales of CHF 1,376.5 million (previous year: CHF 1,419.8 million); decrease of 3.0% due to a ...

Tuesday, 5 March 2024

 

Rümlang, 5 March 2024 – dormakaba posted organic sales growth of 3.9% in the first half of the financial year 2023/24, in line with guidance and mainly driven by pricing. The adjusted EBITDA margin rose by 160 basis points (bps) to 14.6%. This reflects contributions from ...

dormakaba reduces CO2 emissions: Commissioning of 21,000 solar panels at three production sites

dormakaba News, Sustainability

dormakaba reduces CO2 emissions: Commissioning of 21,000 solar panels at three production sites

Rümlang, 1 February 2024 – In the last three months, dormakaba has started operating three photovoltaic power plants with a total of 21,000 solar panels on the roofs of its production sites in Melaka (Malaysia), Suzhou (China), and Taishan (China). The solar installations are planned to produce more than 11,000 ...

Thursday, 1 February 2024

"The commissioning of the solar panels is a significant step towards achieving our CO2 emission reduction target and contributing to the transition to a low-carbon economy. This measure is both ecologically beneficial and makes economic sense ...

Behind the award-winning dormakaba brand refresh

Behind the award-winning dormakaba brand refresh

The year 2023 marked another step in the company’s brand evolution, as dormakaba refreshed its brand with a modern design, which has now been named a winner of the German Design Award in the category of ‘Excellent Communications Design – Corporate Identity’ in January 2024. 

Monday, 29 January 2024

Torsten Stolte becomes new Managing Director at dormakaba Germany

Torsten Stolte becomes new Managing Director at dormakaba Germany

Ennepetal, 20 December 2023 – Torsten Stolte will be appointed Managing Director of dormakaba Deutschland GmbH as of January 1, 2024. He will be responsible for sales, marketing, and service in his role. Torsten Stolte succeeds Michael Hensel, who has taken on a new challenge within the dormakaba Group and, as Program ...

Wednesday, 20 December 2023

Till Reuter appointed new CEO of dormakaba

Till Reuter appointed new CEO of dormakaba

Ad hoc announcement pursuant to Art. 53 LR

Rümlang, 5 December 2023 – The Board of Directors of dormakaba has appointed Till Reuter as new CEO effective 1 January 2024. He will succeed Jim-Heng Lee, who will leave the company after ten successful years in various roles to return to his homebase. Till Reuter has broad industrial expertise and proven leadership ...

Tuesday, 5 December 2023

Focus on the circular economy: dormakaba receives further product certifications for recycled content

Focus on the circular economy: dormakaba receives further product certifications for recycled content

Ruemlang, 17 November 2023 – dormakaba has received further certifications for using recycled materials in its products from the internationally recognized, independent organization GreenCircle Certified. In doing so, dormakaba is making an important contribution to promoting a circular economy. With the 23 newly ...

Friday, 17 November 2023

Showcasing dormakaba’s leading human rights management program

Showcasing dormakaba’s leading human rights management program

On October 18 2023, dormakaba was honored to be one of only two multinationals to speak at the Swiss Forum Business and Human Rights in Bern. The national event takes place every two years bringing together business representatives, leaders from different sectors, policy makers, academic and civil society experts to ...

Monday, 30 October 2023

dormakaba improved its Sustainalytics ESG Risk Rating

dormakaba improved its Sustainalytics ESG Risk Rating

Rümlang, October 2023 - The rating agency, Sustainalytics, has now classified dormakaba in the low-risk group in its ESG Risk Ratings. With an improvement of 1.2 points since 2022, dormakaba achieved 19.3 points, and is now among the top performers in the Building Products industry. This means that the company’s ...

Friday, 27 October 2023

ICONIC AWARD 2023: Door system and sensor gate from dormakaba awarded

ICONIC AWARD 2023: Door system and sensor gate from dormakaba awarded

At this year's “ICONIC AWARD 2023: Innovative Architecture”, both the innovative EntriWorX EcoSystem door system and the Argus V60 sensor interlock from dormakaba have been awarded a "Winner" in the "Product- Building Technologies" category. "We are very pleased and proud to receive both awards from this neutral, ...

Friday, 13 October 2023

Annual General Meeting approves all proposals

Annual General Meeting approves all proposals

Ad hoc announcement pursuant to Art. 53 LR

Rümlang, 6 October 2023 – dormakaba Holding AG held its Annual General Meeting on 5 October 2023. 232 shareholders participated in person. A total of 2,793.762 registered shares eligible to vote were represented, accounting for 66.5% of the share capital entered in the Commercial Register. All proposals by the Board ...

Friday, 6 October 2023