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Lockmaker Assa Abloy posts higher 1st quarter operating earnings

April 23 (Reuters) - Swedish lockmaker Assa Abloy ASSAb.ST reported a 4% higher operating profit for the first quarter on Wednesday, and said it was well-positioned to adapt to changing market conditions and prioritize growth opportunities while taking cost actions where needed.

(Reporting by Elviira Luoma, editing by Milla Nissi)

((Elviira.luoma@thomsonreuters.com))

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