Assa Abloy AB (MEX:0R87)
MXN 480.31 0 (0%) Market Cap: 684.29 Bil Enterprise Value: 807.33 Bil PE Ratio: 24.09 PB Ratio: 3.67 GF Score: 91/100

Q3 2021 Assa Abloy AB Earnings Call Transcript

Oct 27, 2021 / 07:30AM GMT
Release Date Price: MXN604.33
BjÃ;rn Tibell;publ;Head of IR
ASSA ABLOY AB

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Good morning, everyone, and welcome to the presentation of ASSA ABLOY's third interim report 2021. 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. We have set aside about 1 hour for this call, and we will, as usual, now start with a short summary of the report before we open up for your questions. So with that, I would like to hand over to you, Nico.

Nico Delvaux;publ;President
ASSA ABLOY AB;CEO & Head of Global Technologies Division

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Thanks, Björn. And also good morning from my side. Q3 report for ASSA ABLOY, we can show you good figures. We have a strong profitable sales growth, an organic sales development of plus 7%, where all divisions contributed in a positive way with the exception of the APAC division that continues to be affected by COVID-19 measures and where we also have challenges more in general

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