Information for investors as at
30 June 2021

CHF million, except where indicated

 

2020/21

 

2019/20

 

2018/19

 

2017/18

 

2016/17

 

Net sales

 

2,499.7

 

2,539.8

 

2,818.3

 

2,841.0

 

2,520.1

 

Organic growth in %

 

1.3

 

–6.9

 

1.3

 

2.6

 

4.3

*

Earnings before depreciation and amortization (EBITDA)

 

353.1

 

325.0

 

448.0

 

431.0

 

387.3

 

EBITDA in % of net sales

 

14.1

 

12.8

 

15.9

 

15.2

 

15.4

 

Earnings before interest and tax (EBIT)

 

274.3

 

253.2

 

375.0

 

364.3

 

327.0

 

EBIT in % of net sales

 

11.0

 

10.0

 

13.3

 

12.8

 

13.0

 

Net profit

 

193.3

 

164.1

 

252.5

 

238.7

 

224.6

 

Net profit in % of net sales

 

7.7

 

6.5

 

9.0

 

8.4

 

8.9

 

Net profit after minorities

 

100.8

 

84.6

 

131.8

 

123.8

 

116.4

 

Basic earnings per share (in CHF)

 

24.2

 

20.4

 

31.6

 

29.6

 

27.8

 

Diluted earnings per share (in CHF)

 

24.1

 

20.3

 

31.5

 

29.5

 

27.7

 

Dividend per share (in CHF)1)

 

12.50

 

10.50

 

16.00

 

15.00

 

14.00

 

Payout ratio in %

 

51.7

 

51.6

 

50.5

 

50.2

 

50.3

 

Cash generated from operations

 

384.5

 

407.9

 

372.8

 

367.2

 

354.7

 

Net cash from operating activities

 

313.5

 

328.1

 

280.7

 

268.9

 

265.3

 

Operating cash flow margin in %

 

12.5

 

12.9

 

10.0

 

9.5

 

10.5

 

Net cash used in investing activities

 

–95.5

 

–232.4

 

–67.8

 

–231.8

 

–964.5

 

Free cash flow (net) before dividend

 

218.0

 

95.7

 

212.9

 

37.1

 

–699.2

 

Net cash flows from financing activities

 

–231.9

 

–65.8

 

–223.9

 

–129.8

 

654.1

 

Of which dividends paid

 

–43.7

 

–66.5

 

–62.2

 

–58.6

 

–50.4

 

Personnel expenses

 

1,022.3

 

1,027.7

 

1,055.1

 

1,045.6

 

933.3

 

Average number of full-time equivalent employees

 

14,989

 

15,676

 

15,811

 

16,433

 

16,250

 

Total assets

 

1,869.8

 

1,808.6

 

1,909.0

 

1,982.3

 

1,909.0

 

Total assets in % of net sales

 

74.8

 

71.2

 

67.7

 

69.8

 

75.8

 

Property, plant, and equipment in % of net sales

 

17.4

 

17.4

 

16.5

 

16.1

 

16.4

 

Inventories in % of net sales

 

18.0

 

17.5

 

16.1

 

15.2

 

16.3

 

Receivables in % of net sales

 

17.0

 

15.3

 

17.7

 

17.7

 

18.3

 

Net working capital2)

 

641.6

 

631.9

 

753.2

 

705.7

 

648.0

 

Net working capital in % of net sales

 

25.7

 

24.9

 

26.7

 

24.8

 

25.7

 

Net debt

 

508.8

 

667.7

 

651.4

 

701.2

 

627.6

 

Net debt/EBITDA

 

1.4

 

2.1

 

1.5

 

1.6

 

1.6

 

Interest coverage (EBITDA / interest expense, net)

 

19.0

 

9.2

 

11.0

 

10.5

 

25.0

 

Shareholders’ equity

 

264.9

 

141.3

 

258.5

 

187.0

 

183.1

 

Return on equity (ROE) in %

 

73.0

 

116.1

 

97.7

 

127.6

 

122.7

 

Shareholders’ equity per share (in CHF)

 

63.4

 

34.0

 

61.8

 

44.6

 

43.5

 

1)In 2020/21: proposal to the Annual General Meeting; distribution of an equal share from the reserves from capital contributions and from statutory retained earnings.

2)As from 2018/19, the definition of the net working capital was aligned with the internal and the segment reporting. In order to enable a fair comparison with the current-year data, all previous year information has been adjusted. dormakaba defines net working capital as trade receivables plus inventories, minus the sum of trade payables, advances from customers, and deferred income.

*Based on pro forma sales previous year

Information for investors per share data

 

 

 

2020/21

 

2019/20

 

2018/19

 

2017/18

 

2016/17

 

Capital stock

 

 

 

 

 

 

 

 

 

 

 

 

Registered shares at CHF 0.10 par value

No

 

4,200,026

 

4,200,026

 

4,200,026

 

4,200,026

 

4,200,026

 

Outstanding shares at end of financial year

No

 

4,168,767

 

4,157,216

 

4,145,317

 

4,187,243

 

4,177,588

 

Weighted average number of shares outstanding (diluted)

No

 

4,178,883

 

4,159,736

 

4,179,989

 

4,195,507

 

4,208,743

 

Par value of average outstanding shares

CHF m

 

0.4

 

0.4

 

0.4

 

0.4

 

0.4

 

Par value of year-end outstanding shares

CHF m

 

0.4

 

0.4

 

0.4

 

0.4

 

0.4

 

Shareholders as at 30 June (registered)

No

 

9,413

 

9,389

 

9,195

 

8,874

 

7,525

 

Figures per share (fully diluted)

 

 

 

 

 

 

 

 

 

 

 

 

EBITDA per share (Group)

CHF

 

84.5

 

78.1

 

107.2

 

102.7

 

92.0

 

Earnings per share (Group)

CHF

 

24.1

 

20.3

 

31.5

 

29.5

 

27.7

 

Shareholders’ equity per share (Group)

CHF

 

63.4

 

34.0

 

61.8

 

44.6

 

43.5

 

Price per share

 

 

 

 

 

 

 

 

 

 

 

 

– high

CHF

 

657.0

 

737.0

 

781.5

 

1,001.0

 

888.0

 

– low

CHF

 

416.0

 

396.4

 

579.0

 

674.0

 

659.0

 

– 31 December

CHF

 

502.5

 

692.5

 

593.0

 

907.5

 

757.0

 

– 30 June

CHF

 

630.5

 

516.5

 

707.5

 

694.5

 

833.0

 

Market capitalization

 

 

 

 

 

 

 

 

 

 

 

 

– high

CHF m

 

2,738.9

 

3,063.9

 

3,239.6

 

4,191.4

 

3,709.7

 

– low

CHF m

 

1,734.2

 

1,647.9

 

2,400.1

 

2,822.2

 

2,753.0

 

– 30 June

CHF m

 

2,628.4

 

2,147.2

 

2,932.8

 

2,908.0

 

3,479.9

 

Dividend yield

 

 

 

 

 

 

 

 

 

 

 

 

– low1)

%

 

1.9

 

1.4

 

2.0

 

1.5

 

1.6

 

– high1)

%

 

3.0

 

2.6

 

2.8

 

2.2

 

2.1

 

1)In 2020/21: under the precondition that the shareholder approves the dividend proposed at the Annual General Meeting.

Appropriation of balance sheet profitsGeneral Framework

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