ASSA ABLOY Q2: STRONG ORGANIC GROWTH
"I'm proud to report that ASSA ABLOY achieved strong organic growth in the quarter. Our EBITA margin improved both as a result both of sales growth and the restructuring measures," says President and CEO, Bo Dankis. "We have upgraded the sales outlook and our margin for the full year will continue to increase. The full impact from the restructuring program has been pushed back to the latter part of 2005." SALES AND INCOME Second quarter 6 months 2004 2003 Change 2004 2003 ChangeSales, SEK M