Q4 2021 Assa Abloy AB Earnings Call Transcript
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Good morning, and welcome to the presentation of ASSA ABLOY's 2021 Year-End Report. My name is Björn Tibell, and I'm heading Investor Relations. And joining me here in the studio are ASSA ABLOY's CEO, Nico Delvaux; and our CFO, Erik Pieder. We'll stick to our normal setup today, and we'll start the conference with a summary of the report before we open up for your questions. And with that, I'm ready to hand over to you, Nico.
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Thanks, Björn, and also a good morning from my side and welcome to our Q4 call. A very good Q4 with very strong sales growth and good margin improvement. An organic sales growth of 10%, where with the exception of China, where market conditions remain very challenging. I would say, the whole world has contributed strongly to that organic sales development. Very good performance overall and very strong sales
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