- (PLX AI) - Assa Abloy Q2 sales SEK 23,648 million vs. estimate SEK 23,065 million.
- • Q2 organic growth 23%, a new record for the company
- • Q2 EBIT SEK 3,589 million vs. estimate SEK 3,476 million
- • Q2 EPS SEK 2.89
- • Q2 net income SEK 3,212 million
- • EMEA reports an organic sales growth of 39% with all regions growing strongly. Americas was up 26% while in Asia Pacific the recovery is slower due to continued restrictions and lockdowns in many markets and the organic sales growth was flat
- • Company says shifting our focus to accelerate our profitable growth - upgrading the installed base to incorporate electromechanical products and solutions and opportunities to accelerate recurring revenue from licenses and software
- • Acquisition strategy will also continue to boost our topline, Assa Abloy says
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