Kaba reported growth of 3.3% for the first half of the 2013/2014 financial year, generating sales of CHF 480.9 million. In local currency, the Group grew by 4.3%. The company achieved EBITDA of CHF 74.7 million, giving an EBITDA margin of 15.5%. Net profit came to CHF 40.1 million.
The Board of Directors of Kaba Holding AG has decided to change to Swiss GAAP FER for the preparation of the company's consolidated accounts as from the new financial year (starting 1 July 2014). Kaba's registered shares remain listed on the SIX Swiss Exchange and are still included in the Swiss Performance Index (SPI).
By acquiring Task Sistemas de Computação S/A, based in Rio de Janeiro (Brazil) Kaba Group is expanding its activities in the promising Brazilian market. The company, which has its own assembly operation, supplies private and business customers through three offices and more than ten distribution partners.
The terminal B-web 96 00 impressed the jury of the 2014 iF product design award with to its conservative form and clear lines. The awards ceremony, the 2014 iF design awards night, will be held on February 28, 2014 in Munich as part of "Munich Creative Business Week".
Judging by the great interest shown by around 140 participants at Kaba's special event on "Food Defence", the company has hit a nerve with its focus on improving security in the food industry. The event was also transmitted live over the internet by LIVE Webcast.
Head of Group Communications
Phone +41 44 818 9201
Fax +41 44 818 9052