Swiss security group Dormakaba reports 20 percent profit decline amid soft US demand
The Swiss firm reported a twenty percent profit drop today due to weak US demand. Despite the miss, the group is maintaining its North American expansion.
Dormakaba reported a 20 percent decline in its half-year net profit to 77.4 million Swiss francs for the six months through December, falling short of analyst expectations. The announcement on February 24, 2026, triggered an immediate market reaction, with the company’s share price dropping more than 6 percent to its lowest level since September 2024. The firm, headquartered in Switzerland 
CH, attributed the earnings shortfall primarily to weak demand within the North American hospitality market and the impact of unfavorable currency exchange rates.
CH, attributed the earnings shortfall primarily to weak demand within the North American hospitality market and the impact of unfavorable currency exchange rates.
