Assa Abloy Q3: Solid Growth & Regional Ups and Downs
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Martedì
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Assa Abloy's Q3 results are in! Organic growth hits 3%, fueled by strong Nordic performance and Entrance Systems. Americas lags slightly due to residential slowdown, while Asia-Pacific struggles with China's weakness. Despite regional variations, record margins of 16.8% and surging cash flow boost earnings per share by 3%, showcasing overall financial strength.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
