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Assa Abloy misses Q4 profit forecast amid residential market slowdown

The world s biggest lockmaker Assa Abloy reported a smaller-than-expected rise in fourth-quarter operating profit on Wednesday, as like-for-like sales growth ground to a halt amid slow residential. ....

Elviira Luoma , Mark Potter , Milla Nissi , Jesus Calero , Nico Delvaux , Stanley Black , Middle East , Spectrum Brand Hardware , Home Improvement ,

Lockmaker Assa Abloy misses Q4 profit forecast after housing market slows

-The world s biggest lockmaker Assa Abloy reported a smaller-than-expected rise in fourth-quarter operating profit on Wednesday, after a decline in residential markets slowed sales growth.. ....

Red Sea , Djibouti General , Nico Delvaux , Jesus Calero , Milla Nissi , Elviira Luoma , Mark Potter , Barbara Lewis , Stanley Black , Middle East , Spectrum Brand Hardware , Home Improvement , Executive Nico Delvaux ,

Assa Abloy Reports Strong Q2 2023 Results

Financial data released by Assa Abloy shows that Q2 net sales grew by 17%, organic growth increased by 3%, operating income increased by 25% and earnings per share rose by 18%. However, lower residential construction levels have forced Assa Abloy to implement short-term cost measures to protect profitability. ....

Asia Pacific , Assa Abloy , Global Technologies , Entrance Systems , Spectrum Brand Hardware , Smart Residential , Fortune Brands , Home Improvement ,

ASSA ABLOY Quarterly Report Q2 2023

/PRNewswire/ Second quarter Net sales increased by 17% to SEK 34,474 M (29,466), with organic growth of 3% (13) and acquired net growth of 6% (0).. ....

Erik Pieder , Nico Delvaux , Asia Pacific , Assa Abloy , Department Of Justice , Global Technologies , Entrance Systems , Spectrum Brand Hardware , Smart Residential , Fortune Brands , Physical Access Control , Vice President , Investor Relations ,