Assa Abloy: Q4 NP up 22.5% at 3,729m SEK

(CercleFinance.com) - The Swedish group has unlocked its accounts today, with Q4 2022 net sales up 28% to a record total of 32,915 million Swedish kronor.


Organic sales increased by 9%, benefiting from positive FX factors of 14% and M&A growth of 5%.

Meanwhile, EBIT increased 28% to a record 5,152 million SEK, with an operating margin of 15.7%.

At the bottom line, net profit came in at 3,729 million SEK, while EPS before and after dilution reached 3.36 SEK. Operating cash flow was a record 6,588 million SEK.

Q4 operating cash flow soared 95% to a record 6,588 million SEK.


Copyright (c) 2023 CercleFinance.com. All rights reserved.