Oct 23, 2024 / 06:00AM GMT
Björn Tibell - Assa Abloy AB - Head of Investor Relations
Good morning, everyone, and welcome to the presentation of ASSA ABLOY's third interim report in 2024. My name is Björn Tibell. I'm heading Investor Relations. And joining me here in the studio are ASSA ABLOY's CEO, Nico Delvaux; and our CFO, Erik Pieder. As you know, we will now start this conference with a summary of the report before we open up for your questions.
So we hand over to you, Nico.
Nico Delvaux - Assa Abloy AB - President, Chief Executive Officer, Head of the Global Technologies Division and Asia Pacific Division
Thank you, Björn, and also good morning from my side. Q3 results, we can report good results. We went back to positive organic growth in Q3. I would say, small positive organic growth of only [0%]. But then also this quarter, complemented in a good way to strong growth to our cuisines of plus 4%.
And then very strong execution with an EBIT of SEK6.3 billion, record high level, and an EBIT margin of 16.7%, the highest for Q3 since seven years.
Q3 2024 Assa Abloy AB Earnings Call Transcript
Oct 23, 2024
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