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ASSA B Assa Abloy AB News Story

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Brief: Assa Abloy CEO Says The Need To Compensate For Tariff Costs With Price Increases Has Come Down

Oct 21 (Reuters) - ASSA ABLOY AB ASSAB.ST CEO NICO DELVAUX TOLD ANALYSTS ON CONFERENCE CALL:

ASSA ABLOY CEO: THE NEED TO COMPENSATE FOR TARIFF COSTS WITH PRICE INCREASES HAS COME DOWN, NOW SEES BETWEEN 3%-4% PRICE INCREASES IN U.S. VERSUS EARLIER VIEW 4%-5%

Further company coverage: [ASSAb.ST]

(Reporting by Greta Rosen Fondahn)

((stine.jacobsen@thomsonreuters.com; +45 2156 9010))

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