Assa Abloy : Greater optimism at the start of 2021
>Restated for exceptionals, Q4 2020 reflects a decent performance - Assa Abloy reported a set of Q4 2020 results on Friday, 5 February, that exceeded expectations, restated for exceptionals. We note the following points:An organic contraction in activity of -4.6%, incl. a price effect of 1%. While the EMEA and Entrance Systems divisions showed good resilience (-1% decline in activity l-f-l for each), Global Tech, down 16%, remains sharply penalised by the decline...ASSA ABLOY provides a range of door opening solutions. Co. is organized into five divisions. Europe, Middle East and Africa division, Americas (North and South America) division and Asia Pacific (Asia, Australia and New Zealand) division manufacture and sell mechanical and electromechanical locks, security doors and hardware in their respective geographical markets. Global Technologies division operates worldwide in the product areas of access control systems, secure card issuance, identification technology and hotel locks. Entrance Systems division is a global supplier of entrance automation products and service.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.