Fiscal year 2014 | 2015
The DORMA Group has improved sales and profits in the year under review. According to provisional, unaudited IFRS figures, Group sales rose by 9.8% to € 1,109.2 million (previous year: € 1,010.3 million). The organic growth amounted to 4.2%. A further 0.9 percentage points of the increase were due to acquisitions and 4.7 percentage points to currency changes. With EBITDA standing at € 125.6 million (previous year: € 120.2 million) and EBIT at € 97.7 (previous year: € 89.3 million), DORMA again exceeded the results of the previous fiscal year by 4.4% and 9.5% respectively. Acquisitions recorded at € 1.0 million and currency changes at € 8.0 million contributed to the increase in EBITDA. Consolidated net income is up 9.9% at € 78.7 million, compared to the figure of € 71.6 million for the previous year. A dividend of € 55 million is proposed for fiscal 2014/15.
DORMA's capital expenditure on intangible assets and property, plant and equipment stood at € 46.8 million (previous year: € 19.2 million). This included the purchase of real estate for the European Logistics Center in Wuppertal. Net cash flow from operating activities rose to € 79.1 million (previous year: € 67.8 million). On the reporting date (30 June 2015), DORMA was again on balance debt-free and had net funds totaling € 112.0 million (previous year: € 135.9 million). At the same time provisions for pensions stood at € 198.2 million with matching cover provided by a partial amount of € 16.6 million.
The number of employees (including trainees) in the Group rose during fiscal 2014/15 from 7,191 to 7,410.
Download: Consolidated Financial Statements and Group Management Report for Fiscal 2014/15 (PDF | 2.1 MB)