New York, NY – ASSA ABLOY AB (publ) recently held their Q1 2025 earnings call with investors on April 23rd at 3:00 AM ET. The call was led by key company executives, including Bjorn Tibell, Head of Investor Relations; Nico Delvaux, President and Chief Executive Officer; and Erik Pieder, Executive Vice President and Chief Financial Officer.

During the presentation, Nico Delvaux discussed the company’s Q1 results, highlighting a 2% organic growth in the top line, complemented by a 5% growth through acquisitions and a 1% boost from currency exchange rates, resulting in an overall increase of 8%. The company saw strong sales growth in Global Tech and the Americas, stable sales in EMEIA and Entrance Systems, but experienced a decline in sales in Asia Pacific, primarily driven by challenges in Greater China.

Despite facing some dilution in the operating margin due to one-off acquisition and divestment-related costs, Delvaux reported an improved underlying operating margin of 14.9%. The company also generated a good cash flow of 2.4 billion SEK with a cash conversion rate of 51%, marking a solid performance for the quarter.

Investors and analysts participating in the conference call engaged in discussions about the company’s performance, asking questions about various aspects of the business. The executives fielded inquiries and provided insights into the strategies and outlook for ASSA ABLOY moving forward.

Overall, the Q1 earnings report reflected a positive start to the year for ASSA ABLOY, showcasing growth in key markets and demonstrating resilience in the face of challenges. The company remains focused on driving innovation, strategic acquisitions, and maintaining a strong financial position to deliver value to shareholders in the future.