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ASSA ABLOY reported excellent sales growth in 2Q 2015, with sales increasing by 22% in the quarter, with 4% organic growth.
July 17, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
ASSA ABLOY reported excellent sales growth in 2Q 2015, with sales increasing by 22% in the quarter, with 4% organic growth, totaling SEK 17,082 million ($2.07 billion). The company reported strong growth in Global Technologies and good growth in Americas, EMEA and Entrance Systems, with negative growth in Asia-Pacific as result of continued weak demand in China. Three acquisitions were signed during the quarter, with expected annual sales totaling just over SEK 700 million ($85 million). ...
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