Quarterly Report Q3 2022
Very strong performance in the quarter Third quarter ·Net sales increased by 33% to SEK 31,820 M (23,930), with organic growth of 14% (7) and acquired net growth of 3% (2). Exchange-rates affected sales by 16 (–1). ·Very strong organic growth in Entrance Systems, Global Technologies and Americas, good growth in EMEIA, but organic sales declined in Asia Pacific. ·Six acquisitions with combined annual sales of about SEK 1,000 M were signed in the quarter. ·The US regulator will seek to block ASSA ABLOY’s proposed acquisition of the HHI division of Spectrum