Dormakaba: significant declines in second half year

Company concludes syndicated loan agreement of over CHF525m

Swiss door system supplier Dormakaba Holding AG (Rümlang) recorded a 14.3% decline in organic turnover during the second half of its 2019/2020 financial year (end of June). According to the company, the decline is attributable to the corona crisis, which caused a slump in business activity from February onwards. ...

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