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

Q1 2021 Assa Abloy AB Earnings Call Transcript

Apr 28, 2021 / 07:30AM GMT
Release Date Price: kr245.6 (-3.76%)
BjÃ;rn Tibell;publ;Head of IR
ASSA ABLOY AB

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Good morning, and welcome to the presentation of ASSA ABLOY's First Interim Report in 2021. My name is Björn Tibell, I'm heading Investor Relations. And joining me on the call is our CEO, Nico Delvaux; and our CFO, Erik Pieder.

We have set aside about 1 hour for this conference. And we will now start with a summary of the report before we open up for questions and answers. So with that, I would like to hand over to you, Nico. Please go ahead.

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. Q1 results in a good start of the year. As you know, it took a worldwide pandemic to kill our, I would say, very long-standing track record of 27 consecutive quarters with positive organic growth.

And then we had a difficult 2020, where we had 4 quarters with negative organic growth. So very happy to be back to good

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