Q3 1 July - 30 September 2014

A summary of the main highlights for the third quarter of 2014.

Continued strong development by ASSA ABLOY

  • Sales increased by 21%, with 4% organic growth, and totaled SEK 14,727 M (12,131).
  • Strong growth in Americas and Entrance Systemsand good growth in EMEA and Asia Pacific.
  • Stable growth in Global Technologies.
  • Operating income (EBIT) rose by 20% and totaled SEK 2,499 M (2,090). The operating margin was 17.0% (17.2).
  • Net income amounted to SEK 1,749 M (1,474).
  • Earnings per share rose by 19% to SEK 4.72 (3.98).
  • Operating cash flow amounted to SEK 2,249 M (2,175).
  • A contract has been signed for the acquisition of Jiawei (China), which has expected sales in 2015 of about SEK 500 M. In October ENOX (India) and Turvaykköset (Finland) were acquired.