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Half-year results as at 31 December 2007: Margin expansion at Kaba
Rümlang, 5 March 2008 – In the first half of its 2007/2008 financial year, Kaba Group increased net sales to CHF 666.5 million. This equals a rise of 12.9% against the same period of the last financial year. EBIT improved by 25.2% to CHF 88.8 million. As a result, the EBIT margin was up from 12% to 13.3%. Profit improved by 21.3 %, reaching CHF 51.2 million. For the 2007/2008 financial year (as at 30 June 2008), Kaba expects to achieve organic growth of over 5% and an EBIT margin of more than 12%.
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