Live Breaking News & Updates on Opening Solutions Pacific

Fourth quarter
-5
% (1) and acquired/divested net growth of 5% (3)
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EMEA and Entrance Systems reported stable organic sales development. Organic sales declined in Asia Pacific and Americas, while Global Technologies reported a significant decline
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Two divestments in Switzerland and Italy were completed. The combined annual sales of the divested companies amount to around SEK 625 M
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A new restructuring program was launched at year-end. The estimated cost amounts to SEK
-
1,366 M with a pay-back time of around two years
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Operating margin[1]
2
(EBIT %) excluding acquisitions and divestments was 16.1% (16.2)
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Net income
1 2
amounted to SEK 2,582 M (2,767)
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Earnings per share
1 2
amounted to SEK 2.33 (2.49)
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Oper ....

South Korea , United States , United Kingdom , Martin Poxton , Erik Pieder , Anders Maltesen , Asia Pacific , Nico Delvaux , Simon Ellis , International Financial Reporting Standards , Opening Solutions Greater China , Assa Abloy , Opening Solutions Americas , Group Executive Team , Opening Solutions Pacific , Company Auditors , Opening Solutions Asia Pacific , Access Management Solutions , Electromechanical Solutions , European Union , Asia Pacific Division , Global Solutions , Opening Solutions , Entrance Systems , Global Technologies , Latin America ,