The year continues strongly for ASSA ABLOY
Abloy's parent company ASSA ABLOY published its quarterly report on 17 July 2015.
COMMENTS BY THE PRESIDENT AND CEO
“The second quarter and the first six months showed a continued very strong performance for ASSA ABLOY, with a rise in sales of a full 22% in the quarter and a very strong improvement in operating income of 24%,” says Johan Molin, President and CEO. “The good organic growth in all divisions, apart from in China, was very pleasing and an indication of strength in tough economic times.
“Organic growth during the quarter was 4%, driven mainly by a very strong performance in Global Technologies and good growth in the Americas, EMEA and Entrance Systems divisions. Performance in Asia Pacific was also very gratifying, with strong growth in all regions except China, where sales remained weak.
Read the full report on assaabloy.com