At today’s Capital Market Day, Kaba Group will be providing in-depth information about its investments in innovation and markets. The event will focus on market developments and product innovation in the Access + Data Systems (ADS) business in general, and the ADS Americas Division in particular.
As part of its ongoing investment cycle, the globally active Kaba Group continues its increased investment in markets, product innovations and infrastructure also during the current 2014/2015 financial year. These investments provide the foundation for achieving the company’s medium-term targets, which are an 18% EBITDA margin and the targeted organic growth of 5% to 6%.
One of the main focuses of today’s Capital Market Day is Kaba’s work on innovation. As well as providing a general overview, the company is highlighting the latest developments in its Mobile Access Solutions business, and presenting the new manufacturing facilities for its Swiss modular cylinder. It will also be giving a detailed insight into its ADS Americas division. This division is one of the leading providers of hotel locking systems, pushbutton locks and high security locks, and it has sites in Canada, Brazil, the USA and Mexico. In the 2013/2014 financial year, ADS Americas and its workforce of over 1,000 generated consolidated sales of CHF 237.9 million, or 22% of total Group sales, and achieved organic growth of 5.2%, with a strong EBITDA margin of 29.6%. In recent months, ADS Americas has successfully built up its product portfolio in North America and its presence in the Brazilian growth market through targeted acquisitions. The division’s declared aim is to further strengthen its market position through investments in markets and products, while maintaining its high level of profitability.
Kaba Group is confirming its expectations for the 2014/2015 financial year. It is aiming for organic growth of between 3% and 5%, while in terms of profitability it expects the Group-level EBITDA margin to remain around the prior-year level, provided business conditions remain stable during the current financial year. Kaba has also confirmed its medium-term targets.