on Dormakaba Holding AG (isin : CH0011795959)
Dormakaba Advances from Restructuring to Growth
Dormakaba Holding AG announced its strategic transition from a phase of reshaping to growth at the Capital Markets Day 2024. The company aims to enhance commercial transformation, targeting CHF 40 million in cost savings by 2027/28, supported by a streamlined product approach and a focus on the North American market.
CEO Till Reuter emphasized the significant progress in strategic transformation, stressing the shift towards innovation and go-to-market strategies. Dormakaba intends to leverage its strong position in the resilient industrial goods sector, aligning its advanced electro-mechanical and digital technologies with evolving customer needs.
The company plans to increase its North American market presence by aiming for GDP plus 2% annual growth. By focusing on performance improvement, complexity reduction, and innovation, dormakaba seeks to solidify its leadership in the access solutions market.
R. E.
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