News + Media
At its Capital Market Day in Vittorio Veneto (IT) today, Kaba Group is showing how it intends to achieve its mid-term targets for the 2015/2016 financial year, and explain-ing what conditions will have to be in place for this to be possible. It is aiming for 5.0% to 6.0% organic growth and an EBITDA margin of 18.0% (in local currency terms).
Three Swiss market leaders have started to close a big gap in the NFC world. Thanks to the cooperation between Swisscom, LEGIC and Kaba, it will soon be possible in Switzerland to safely and easily integrate time and attendance recording and access control into the daily business processes using Near Field Communication.
Shareholders at Kaba Holding AG's Annual General Meeting have accepted all of the proposals by the Board of Directors. Amongst other things, they have elected John Heppner as a new member of the Board.
Kaba Group completed its purchase of Shenzhen Probuck Technologies Co. Ltd., based in Shenzhen (China), on 28 October 2013.
Michael Kincaid (51) is taking over as the new Head of the Access + Data Systems (ADS) Americas division with effect from 1 October 2013, and will thus join Kaba Group’s Executive Board.
Kaba Group finished a challenging financial year with solid results. Despite difficult economic conditions in many markets, the company's key financials nearly matched the prior year's positive figures. Overall, Kaba saw consolidated sales improve by 1.8% to CHF 964.3 million (prior year: CHF 947.5 million).
Now in the Security Update
- Hole-in-one for Kaba - a carefully thought-out access control system for the clubhouse
- Engineering school City of Paris: Kaba designs and installs innovative access control
- Kaba TouchGo - making day-to-day living easier in retirement and care homes
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