Assa Abloy AB (OSTO:ASSA B)
kr 311.3 1.6 (0.52%) Market Cap: 345.78 Bil Enterprise Value: 412.79 Bil PE Ratio: 24.06 PB Ratio: 3.46 GF Score: 91/100
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Q4 2023 Assa Abloy AB Earnings Call Transcript

Feb 07, 2024 / 08:30AM GMT
Release Date Price: kr285.5 (-0.76%)
BjÃ;rn Tibell;publ;Head of IR
ASSA ABLOY AB

¶ - ()-

Good morning, and welcome to the presentation of ASSA ABLOY's 2023 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 now start with the summary of the results before we open up for your questions.

And with that, I'd like to hand over to you, Nico.

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

()- -

Thanks, Björn, and good morning also from my side.

Q4 report, I can say that we had a good end of a very strong 2023 for ASSA ABLOY, and I would say Q4 results very similar to Q3 results as well percent-wise as absolute value-wise. We had a low positive organic growth of 0.5% in the quarter versus slightly below 0.5%. If we rounded off to 0% in the quarter, it was slightly above 0.5% in Q3 and, therefore, rounded off to 1%. We have a strong sales growth in

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