Dormakaba Reports Strong Growth and Margin Expansion in First Half of 2024/25

Dormakaba Holding AG announced strong financial performance for the first half of the 2024/25 financial year, with an organic net sales growth of 5.1%. Adjusted EBITDA margin improved by 60 basis points, reaching 15.2%. Net profit surged to CHF 96.7 million, and free cash flow stood at CHF 50.9 million.

Growth was driven by increased volumes and pricing in core markets, contributing to total sales of CHF 1,421.3 million. Despite easing negative currency effects, the transformation program sustained the company's margin expansion through operational efficiency.

The Access Solutions segment posted notable organic net sales growth of 5.0%, while Key & Wall Solutions and OEM achieved a 7.0% growth. Dormakaba's focus remains on innovation, security, and transformation, with expected organic sales growth of 3-5% for the full year, alongside a revised EBITDA margin target of 15.5%.