Dormakaba sees full-year organic growth above mid-term target of 3% to 5%

March 07, 2023 04:52 PM AEDT | By Reuters
Follow us on Google News:
Image source: Reuters

(Reuters) - Swiss security group Dormakaba Holding AG on Tuesday said it expects continued organic growth above its mid-term target range of 3% to 5% in the 2022/23 fiscal year, and that it is exposed to global macroeconomic and geopolitical pressure.

The company said it sees sequential improvement to a slightly higher full-year adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) margin.

(Reporting by Bartosz Dabrowski in Gdansk; Editing by Christopher Cushing)


Disclaimer

The above content is directly sourced from Reuters under a contractual arrangement. The content is being provided as a convenience and for informational purposes only; and does not constitute an endorsement or approval by Kalkine Media of any of the products, services, or opinions of the organization or individual. The user is apprised that Kalkine Media bears no responsibility for the accuracy, legality, or content of Reuters, any external sites, or for that of subsequent links. The user is requested to contact Reuters directly for answers to questions regarding the content. Please note that Kalkine Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.



Top ASX Listed Companies

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK