Reported about 17 hours ago
Dormakaba has reported a higher-than-expected full-year profit, attributed to effective cost-cutting measures that mitigated the impact of decreasing demand and tariff uncertainties. The Swiss security group announced an adjusted net profit of 188 million Swiss francs for the fiscal year ending June 30, surpassing analysts' forecasts. The company anticipates organic sales growth of 3% to 5% for the 2025/26 financial year and plans to increase its annual dividend by 15%.
Source: YAHOO