In the first full year of joint operations, dorma+kaba increased its consolidated sales on a pro forma basis and currency-adjusted by 2.6% to CHF 2,302.6 million. Its EBITDA margin improved on a pro forma basis from 13.5% to 14.4%. dorma+kaba has a strong balance sheet with a solid equity ratio of 43.2% and net liquidity of CHF 159.1 million; in the year under review it generated a high cash flow from operating activities of CHF 327.6 million. The integration process is progressing according to plan. During the year under review there were one-time merger-related integration costs of CHF 89.4 million; these are shown separately as an extraordinary result. The Board of Directors is proposing the distribution of an unchanged ordinary dividend of CHF 12.00 per share for the 2015/2016 financial year.
On Wednesday 7 September dorma+kaba will present the financial results 2015/2016 (30.06.2016). Riet Cadonau (CEO) and Bernd Brinker (CFO) will give insight on details for the first joint fiscal year after the merger in 2015. The analyst presentation will be broadcasted live starting at 1 p.m. CEST.