Picture of Assa Abloy AB logo

ASSA B Assa Abloy AB News Story

0.000.00%
se flag iconLast trade - 00:00
Consumer CyclicalsConservativeLarge CapHigh Flyer

Brief: Assa Abloy Sees FX Effect On Q2 Operating Margin To Be Dilutive

April 28 (Reuters) - Assa Abloy AB ASSAb.ST:

Q1 SALES SEK 35,751 MILLION VERSUS. IBES ESTIMATE SEK 36,156 MILLION

Q1 EPS SEK 3.18

Q1 NET INCOME SEK 3,538 MILLION

Q1 EBIT SEK 5,461 MILLION VERSUS. IBES ESTIMATE SEK 5,469 MILLION

Q1 EBITA MARGIN 16.4%

SEES M&A EFFECT ON Q2 NET SALES OF  2% Y/Y

SEES M&A EFFECT ON Q2 OPERATING MARGIN TO BE DILUTIVE

Q1 OPERATING CASH FLOW AMOUNTED TO SEK 3,141 M (2,424).

SEES FX EFFECT ON Q2 SALES OF  –2% Y/Y

SEES FX EFFECT ON Q2 OPERATING MARGIN TO BE DILUTIVE

Source text: ID:nWkr35n1zv

Further company coverage: ASSAb.ST

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

Recent news on Assa Abloy AB

See all news