Q2 1 April - 30 June 2015

The year continues strongly for ASSA ABLOY

  • Sales increased by 22% in the quarter, with 4% organic growth, and totaled SEK 17,082 M (13,964).
  • Strong growth in Global Technologies and good growth in Americas, EMEA and Entrance Systems.
  • Negative growth in Asia Pacific as result of continued weak demand in China.
  • Three acquisitions signed during the quarter, with expected annual sales totaling just over SEK 700 M.
  • Operating income (EBIT) for the quarter increased by 24% to SEK 2,742 M (2,219). The operating margin was 16.1% (15.9). 
  • Net income for the quarter amounted to SEK 1,888 M (1,534).
  • Earnings per share for the quarter rose by 23% and amounted to SEK 1.70 (1.38).
  • Cash flow for the quarter was SEK 1,991 M (1,963).