Q3 1 July - 30 September 2015

Another strong quarter for ASSA ABLOY

  • Sales increased by 19% and totaled SEK 17,465 M (14,727). Organic growth
    was 3% (4).
  • Strong growth in Americas, Entrance Systems and EMEA and a flat development in Global Technologies.
  • Negative growth in Asia Pacific due to weak demand in China.
  • Nergeco in France and two other small businesses were acquired during the quarter, with expected annual sales in 2015 of about SEK 400 M.
  • Operating income (EBIT) for the quarter increased by 19% to SEK 2,970 M (2,499). The operating margin was 17.0% (17.0).
  • Net income for the quarter amounted to SEK 2,069 M (1,749).
  • Earnings per share for the quarter rose by 18% and amounted to SEK 1.86 (1.57).
  • Operating cash flow for the quarter was SEK 2,816 M (2,249).