Outlook

The structural growth drivers underpinning demand in dormakaba's industry continue to be favorable. Supported by our market-leading position, customer-centric innovation, and ongoing operational improvements, we are confident in our ability to deliver profitable growth. Accordingly, for FY 2026/27, we expect under IFRS Accounting Standards organic net sales growth above 3%, an operating profit margin above 11% and an operating cash flow margin between 10.5% and 11.5%.