ASSA ABLOY AB (publ)

ASSA ABLOY AB (publ) Earnings Recaps

ASAZY Industrials 1 recap
Next earnings: February 4, 2027 (estimated) · full calendar
Q3 2026 Nov 1, 2026

ASSA ABLOY’s shares rose 3.6% after earnings, as record sales and EBIT, improving margins and 4% organic growth were the clearest positives. The picture was uneven: APAC contracted, with double-digit negative growth in Greater China, and residential and logistics markets remained weak in some regions.

Key takeaways
  • Sales were nearly SEK 41 billion, up 7%, including 4% organic growth and 2% net acquired growth; EBIT exceeded SEK 7 billion, up 11%.
  • EBIT margin reached a record 17.4%, up 60 basis points year over year; earnings per share increased 14%.
  • EMEIA and Americas posted organic growth of 5% and 6%, respectively, with EBIT margins of 15.8% and 19.6%.
  • APAC organic sales declined 1%: Greater China fell by double digits, while Southeast Asia grew by double digits. APAC EBIT margin was 9.8%.
  • Management described nonresidential markets as strong in North America and Europe, but residential conditions remained challenging in North America and logistics markets showed no recovery.