News
Half-year results as at 31.12.2009:
Kaba maintains EBIT margin at 12.9%, increases profit by 3.8%
Rümlang, 8 March 2010 – Kaba Group generated net sales of CHF 562.5 million (-7.8%) for the first half of the 2009/2010 financial year. Acquisition- and currency-adjusted, sales went down 4.6%. EBIT was down 7.9% to CHF 72.6 million. The EBIT margin was exactly the same as a year before at 12.9%. Profit went up 3.8% to CHF 43.2 million. Kaba expects to post a double-digit EBIT margin for the 2009/2010 financial year as a whole, while maintaining free cash flow at a high level.
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