Notes to the consolidated financial statements for the financial year 2020/21

1. Performance

This section provides information on the operational performance of dormakaba Group. The description of the operating model provides useful information to understand the segment reporting, which corresponds to the Group's internal reporting system. In addition, information is presented on selected income and expense items.

The key headlines concerning the Group's performance are:

• Consolidated net sales of CHF 2,499.7 million
• Organic sales growth of 1.3%, with a strong second half-year (10.0%)
• EBITDA reaches CHF 353.1 million, with an EBITDA margin of 14.1%
• Cash flow margin of 12.5%
• Strong balance sheet; reduced net debt and higher equity ratio
• Net profit of CHF 193.3 million
• Dividend proposal of CHF 12.50 per share