Q3 2020 Assa Abloy AB Earnings Call Transcript
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Good morning and welcome to the presentation of ASSA ABLOY's Q3 Report. My name is Björn Tibell. I'm heading Investor Relations. And those of you watching this via our website can see that we are back in the studio in Stockholm again. And joining me here is our CEO, Nico Delvaux; and our CFO, Erik Pieder. We have set aside about 1 hour for this conference, and we will start now with a summary of the report before we open up for your questions, as usual.
So with that, I would like to hand over to you, Nico.
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Thank you, Björn, and also, good morning from my side. Q3, I would say, a good Q3 under COVID-19 times, where we have seen a much more maintained organic decline. We only had a negative organic growth of 5% versus last year. So much better than Q2. And then strong growth through acquisitions of plus 4%. And that better
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