Dormakaba Projects Significant Profit Growth for H1 2024/25

Dormakaba Holding AG has announced expectations of a notable rise in both operating and net profit for the first half of the fiscal year 2024/25. This period, ending on December 31, 2024, is projected to outperform the same span in 2023. The anticipated growth is attributed to decreased restructuring expenses and reduced goodwill amortization, alongside the financial gain from a Montreal property sale.

While net sales and adjusted EBITDA margin are projected to align with the overall fiscal guidance for 2024/25, the key contributors to profit elevation have been highlighted. Dormakaba plans to release detailed financial results on February 25, 2025, following board approval.

Potential investors and media members are invited to contact the company for more information. Dormakaba emphasizes that forward-looking statements reflect current judgments, subject to various risks and uncertainties.