Assa Abloy AB (STU:ALZC)
€ 28.47 0.65 (2.28%) Market Cap: 31.32 Bil Enterprise Value: 38.20 Bil PE Ratio: 24.09 PB Ratio: 3.67 GF Score: 88/100

Q3 2019 Assa Abloy AB Earnings Call Transcript

Oct 18, 2019 / 07:30AM GMT
Release Date Price: €20.62 (+2.59%)
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. My name is Björn Tibell, I'm Head of Investor Relations, and joining me here is our CEO, Nico Delvaux; and our CFO, Erik Pieder. We will stick to our normal structure today, so we'll start with a short presentation of the report before we open up for your questions and then we should find -- round up in about 1 hoursâ time.

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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Thank you, Björn, and also good morning from my side. Happy to report to you good quarter 3 results for ASSA ABLOY.

For the quarter, we have good organic sales development, 4% and up, a strong growth in Americas and Global Technologies, a good growth in EMEA and Entrance Systems. And an organic growth of 4% complemented with good growth through

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