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Investor Relations

Full-year results 2015/2016

In brief (pro forma)

  • A pleasing business year; merger to form dorma+kaba completed on 1 September 2015. Integration process on track, all milestones achieved
  • Very solid annual results, targets for organic growth and EBITDA margin as announced with half-year results achieved
  • Sales up by 2.6 % to CHF 2,302.6 million currency-adjusted, organic growth of 2.3 %
  • EBITDA up by CHF 29.1 million to CHF 332.7 million currency-adjusted, EBITDA margin improves from 13.5 % in previous year to 14.4 %, partly thanks to initial cost savings following the merger
  • Ordinary profit up by CHF 22.1 million to CHF 262.0 million
  • Net profit of CHF 117.2 million includes merger-related integration costs of CHF 89.4 million and a higher rate of income tax
  • General Meeting asked to approve unchanged dividend of CHF 12.0 per share

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In these consolidated full-year financial statements for 2015/2016, the former Dorma Group’s entities are consolidated from 1 September 2015 (for ten months) in line with Swiss GAAP FER. Unless otherwise stated, the published prior-year figures relate to the business activities of the former Kaba Group. To ensure the financial key figures reflect the dormakaba Group’s market position and to increase the significance and the interpretability, separate pro forma figures are shown as the Dorma Group would have been consolidated since 1 July 2015. Hence, besides the actual results also pro forma results on Group level for the reporting period and for the full 2014/2015 financial year are available. The pro forma results of the previous year were converted with the exchange rate of the full-year financial statements 2015/2016 in order to increase the comparability also in this respect. Commentaries in the texts about the income statement refer to these pro forma figures (with the figures reported under Swiss GAAP FER in brackets).

Letter to the shareholders

Very solid business results


Financial commentary

Sales and profitability targets achieved


Key figures of the Group

The key figures of financial year 2015/2016 of dormakaba Group at one glance.