Dormakaba stock reports a 16.1 percent adjusted EBITDA margin for fiscal 2025/ 26

Published on 09/25/2026 at 16:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Dormakaba stock traded at CHF 61.20 on SIX on September 25, 2026, within a CHF 47.15 to CHF 73.00 52-week range. Fiscal sales reached CHF 2,792.4 million.

Schwarzweiß-Reportagefoto eines Technikers bei der Montage eines Türschließzylinders — Dormakaba Holding AG (CH0011795959) illustriert in Schwarzweiß-Reportage die präzise Montage eines Schließzylinders durch einen Techniker, Illustration mit AI erstellt.

Dormakaba stock (ISIN CH0011795959) traded at CHF 61.20 on SIX on September 25, 2026, up CHF 0.10 or 0.16 percent from the previous close. The company entered its next phase with a record adjusted EBITDA margin of 16.1 percent in fiscal 2025/26, according to dormakaba in its September 1, 2026 release.

Margin reaches a new record

For the fiscal year ended June 30, 2026, net sales stood at CHF 2,792.4 million. Organic growth was 3.0 percent year over year, while reported sales declined 2.7 percent from CHF 2,870.1 million in fiscal 2024/25, reflecting currency pressure.

Adjusted EBITDA rose to CHF 449.0 million from CHF 445.0 million, and the adjusted EBITDA margin increased by 60 basis points from 15.5 percent. Adjusted operating cash flow margin also improved by 80 basis points to 12.5 percent, giving the margin expansion a cash conversion counterpart.

Guidance shifts to IFRS metrics

From fiscal 2026/27, dormakaba will use IFRS as its primary accounting framework instead of Swiss GAAP FER. The company guides for organic net sales growth above 3 percent, an operating profit margin above 11 percent and an operating cash flow margin between 10.5 percent and 11.5 percent, as stated in the company release.

The ownership transaction adds a second checkpoint. SecurityInfoWatch reported on September 1, 2026 that dormakaba plans to acquire the Mankel family's remaining 47.5 percent stake in the operating business for CHF 2.13 billion. Shareholders are due to consider the transaction at the October 20, 2026 AGM.

Stock sits below yearly high

The share price was CHF 12.20 below the 52-week high of CHF 73.00 and CHF 14.05 above the 52-week low of CHF 47.15 on September 25, 2026. Market capitalization stood at CHF 2,545,120,148, with volume of 25,993 shares.