Apr 23, 2025 / 07:00AM GMT
Bjorn Lidefelt - Assa Abloy AB - Executive Vice President, Head of Global Technologies Business Unit HID Global
(technical difficulty) here in the studio are our Assa Abloy CEO, Nico Delvaux; and our CFO, Erik Pieder.
We will now as usual, start with a summary of the report and then we will open up for your questions and we plan to round off in about one hour's time. So with that, I'd like to hand over to you, Nico.
Nico Delvaux - Assa Abloy AB - President, Chief Executive Officer, Head of the Global Technologies Division and Asia Pacific Division
Thank you, Björn, and also good morning from my side. Q1 results, we had a good start of the year with 2% organic growth of the top line and then also a good complementary growth again, growth through acquisitions of net 5%, and held by currency, 1%. So top line, up 8%. We've seen strong sales growth in Global Tech, good sales growth in Americas, stable sales in EMEIA and Entrance Systems, and a sales decline in Asia Pacific, mainly because of Greater China.
An improved underlying operating margin.
Q1 2025 Assa Abloy AB Earnings Call Transcript
3 days ago
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