Profit hike – Significant increase in profit expected for the first half-year 2024/25
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dormakaba Holding AG / Key word(s): Profit hike Ad hoc announcement pursuant to Art. 53 LR 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.
Download Section General Disclaimer This communication contains certain forward-looking statements including, but not limited to, those using the words “believes”, “assumes”, “expects” or formulations of a similar kind. Such forward-looking statements reflect the current judgement of the company, involve risks and uncertainties and are made on the basis of assumptions and expectations that the company believes to be reasonable at this time but may prove to be erroneous. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks, uncertainties and other factors outside of the company's and the Group's control which could lead to substantial differences between the actual future results, the financial situation, the development or performance of the company or the Group and those either expressed or implied by such statements. Except as required by applicable law or regulation, the company accepts no obligation to continue to report, update or otherwise review such forward-looking statements or adjust them to new information, or future events or developments. End of Inside Information |
| Language: | English |
| Company: | dormakaba Holding AG |
| Hofwisenstrasse 24 | |
| 8153 Rümlang | |
| Switzerland | |
| Phone: | +41 448189011 |
| E-mail: | info@dormakaba.com |
| Internet: | https://www.dormakabagroup.com |
| ISIN: | CH0011795959 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 2081117 |
| End of Announcement | EQS News Service |
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2081117 04-Feb-2025 CET/CEST
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