On 1 September 2015 the new dorma+kaba Group was created through the merger of two strong companies. The Group achieved its first successes in its new organization as a combined company during the first months of the 2015/2016 financial year, finishing the period under review with good results. On a pro forma basis and at constant exchange rates consolidated sales increased during the period by 2.6% to reach CHF 1,135.5 million (CHF 947.6 million reported). Organic sales growth was 1.8% while acquisition effects contributed 0.8% to sales growth.
dorma+kaba is holding its first Group CTO dialogue in Zurich today. As well as an update on current innovation activities, dorma+kaba’s Chief Technology Officer (CTO) Andreas Häberli is presenting a web-based access solution called “exivo”, which makes its debut appearance at the “Sicherheit” trade fair in Zurich.
Kaba installed its Mobile Access Solutions at The Woodlands Resort & Conference Center in Houston, Texas. This award winning property, owned by The Howard Hughes Corporation, has 406 rooms and caters to conferences, business travelers and families.