Q3 1 July - 30 September 2013

A summary of the main highlights for the third quarter of 2013.

Strong growth for ASSA ABLOY in all parts except Europe

  • Sales rose by 5%, with organic growth of 3%, and totaled SEK 12,131 M (11,545).
  • Strong growth in Americas, Asia Pacific and Global Technologies.
  • Stable but low demand in EMEA and Entrance Systems.
  • Operating income (EBIT) increased by 8% and amounted to SEK 2,090 M (1,932). The operating margin was 17.2% (16.7).
  • Net income amounted to SEK 1,474 M (1,316).
  • Earnings per share rose by 13% to SEK 3.98 (3.53).
  • Operating cash flow increased by 11% and amounted to SEK 2,175 M (1,967).
  • Preparation for a new restructuring program has begun, with a planned launch in the fourth quarter.
  • Contracts have been signed for the acquisition of Ameristar (USA), Mercor (Poland), Xinmao (China) and Huasheng (China), which have combined annual sales of around SEK 2,000 M.