Q4 2022 Assa Abloy AB Earnings Call Transcript

Feb 03, 2023 / 08:30AM GMT
BjÃrn Tibell - ASSA ABLOY AB(publ)-Head of IR

Hello, everyone, and welcome to the presentation of ASSA ABLOY's 2022 year-end report. My name is Björn Tibell, I'm heading Investor Relations. And joining me here are ASSA ABLOY's CEO, Nico Delvaux; and our CFO, Erik Pieder.

We will stick to the normal format today and start now with a summary of the report before we open up for your questions. So with that, over to you, Nico.

Nico Delvaux - ASSA ABLOY AB(publ)-President - CEO & Head of Global Technologies Division

Thank you, Björn, and also good morning from my side. We can report a very good Q4, a very good end to, I think, a very good 2022 for ASSA ABLOY.

We had a strong organic growth of 9% in the quarter with all divisions contributing in a strong way, with the exception of APAC, wherein APAC, it's mainly Greater China where we continue to see challenging market conditions, COVID-19-related and, of course, construction market crisis in general

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