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Company reports strong performance in challenging market conditions.
April 23, 2025
By: DAVID SAVASTANO
Editor, Ink World Magazine
ASSA ABLOY reported its Q1 2025 results. Net sales increased by 8% to SEK 37,940 million ($3.944 billion), with organic growth of 2% and acquired net growth of 5%. Exchange rates affected sales by 1%. The company noted that organic sales growth was strong in Global Technologies, good in Americas, stable in EMEIA and Entrance Systems, while organic sales declined in Asia Pacific. In addition, six acquisitions with combined annual sales of about SEK 3,600 million were completed in the quarter, ...
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