Key financials

DORMA holds course as it rides the economic crisis

Düsseldorf. In a 2009/10 financial year (June 30) heavily impacted by the economic crisis, DORMA's sales overall came in at €856.4 million, representing just a small decrease of 2.9% versus the level of the previous year. This was announced by DORMA CEO Thomas P. Wagner during the company's fiscal year press conference held in Düsseldorf, Germany. Acquisition effects contributed €2.3 million or 0.3% of the total. After adjusting for foreign exchange and acquisitions, sales decreased by 4.5% compared to prior year. Earnings before taxes (EBT) amounted to €53.7 million, 10.2% lower than in the previous year. Reflecting the economic climate, the average number of employees at the DORMA Group fell in the 2009/10 financial year to 6,470. That is a decrease of 310 or 4.6% compared to the previous year. The headcount as of period end on June 30, 2010, slightly decreased versus prior year, by 130 or 2.0%, from 6,621 to 6,491 people.

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