Assa Abloy AB (OSTO:ASSA B)
kr 313.3 0 (0%) Market Cap: 348.01 Bil Enterprise Value: 415.01 Bil PE Ratio: 24.21 PB Ratio: 3.48 GF Score: 88/100
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Q1 2022 Assa Abloy AB Earnings Call Transcript

Apr 27, 2022 / 07:30AM GMT
Release Date Price: kr251.8 (+0.72%)
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 2022. My name is Björn Tibell, I'm heading Investor Relations. And joining me here in the studio are our CEO, Nico Delvaux; and our CFO, Erik Pieder.

We will stick to the normal setup today. So we will start now with a summary of the report before we open up for your questions. So with that intro, 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 also good morning from my side. Start of the year, a good start of the year with strong organic sales development, an organic growth of plus 14% where all the different divisions and all the different areas are contributing in a positive way, with perhaps the exception of Greater China where market conditions continue to be challenging. Good growth on the residential side and on the

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