Assa Abloy : Q2 preview: slight improvement anticipated vs Q1
>Focus stays on China, raw materials and M&A - We expect Q2 results to show a slight improvement vs Q1, thanks to the non-recurrence of external factors, but a number of operational difficulties are likely to continue to dent performance:The working days impact should be favourable this quarter, with +1 additional working day (vs -2 days in Q1) at group level and the comparison base for the Asia-Pacific division should also be relatively favourable (organic sales...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.
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