Assa Abloy AB (ASAZF)
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ASSA ABLOY AB (publ) (ASAZF) Q2 2025 Earnings Call Transcript
ASSA ABLOY AB (publ) (OTCPK:ASAZF) Q2 2025 Earnings Conference Call July 17, 2025 3:00 AM ET Company Participants Björn Tibell - Head of Investor Relations Erik Pieder - Executive VP & CFO Nico Delvaux - President, CEO & Head of the Global Technologies of Asia Pacific Division Conference Call Participants Anders Idborg - ABG Sundal Collier Holding ASA, Research Division Andre Kukhnin - UBS Investment Bank, Research Division Gael de-Bray - Deutsche Bank AG, Research Division George Featherstone - Barclays Bank PLC, Research Division James Moore - Redburn (Europe) Limited, Research Division Vivek Midha - Citigroup Inc., Research Division Marianne Bulot - BofA Securities, Research Division Nicholas James Green - Sanford C. Bernstein & Co., LLC.
ASSA ABLOY AB (publ) (ASAZF) Q1 2025 Earnings Call Transcript
ASSA ABLOY AB (publ) (OTCPK:ASAZF) Q1 2025 Earnings Call Transcript April 23, 2025 3:00 AM ET Company Participants Bjorn Tibell - Head of Investor Relations Nico Delvaux - President and Chief Executive Officer Erik Pieder - Executive Vice President and Chief Financial Officer Conference Call Participants Vivek Midha - Citigroup Andre Kukhnin - UBS Gael de-Bray - Deutsche Bank George Featherstone - Barclays Rizk Maidi - Jefferies James Moore - Redburn Atlantic Alexander Virgo - BofA Securities Andreas Koski - BNP Paribas Gustaf Agenäs - Handelsbanken Bjorn Tibell Good morning, everyone, and welcome to the presentation of ASSA ABLOY's Q1 Report. My name is Bjorn Tibell, I'm heading Investor Relations, and joining me here in the studio are ASSA ABLOY's CEO, Nico Delvaux; and CFO, Erik Pieder.
Assa Abloy: Growth Through Acquisitions, But The Price Is Still Not Here Yet
ASSA ABLOY has struggled with organic growth in the past three years due to weak real estate demand. Growth has been maintained through an aggressive acquisition strategy, increasing debt-to-equity from 30% to 66% in two years. 26 acquisitions completed in 2024, adding SEK 8 billion in annualized revenue.
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Assa Abloy AB Profile
| IT Services Industry | Information Technology Sector | Mr. Nico Delvaux CEO | OTC PINK Exchange | SE0007100581 ISIN |
| SE Country | 64,460 Employees | 11 Nov 2025 Last Dividend | 2 Jun 2015 Last Split | - IPO Date |
Overview
ASSA ABLOY AB (publ), established in 1954 and headquartered in Stockholm, Sweden, is a pivotal company offering a comprehensive array of door opening solutions and access products for both the residential and commercial sectors, extending its services across various global regions including Europe, the Middle East, India, Africa, North America, South America, Asia, and Oceania. It caters to a diverse spectrum of industries such as aviation, education, entertainment, finance, government, healthcare, hospitality, manufacturing, mining, offices, retail, shipyards, and transportation. The brand portfolio chiefly comprises ASSA ABLOY, Yale, and HID, with a strong distribution network through wholesalers and distributors.
Products and Services
- Digital Access Solutions
ASSA ABLOY provides advanced electronic access control systems, including a holistic ecosystem for wireless and wired solutions, electronic key technologies, and standalone access solutions to ensure secure, convenient, and efficient entry management across diverse environments.
- Manual and Automatic Doors
The company's product line extends to manual and automatic door systems, including swing, revolving, and sliding doors, engineered to accommodate the varying needs of commercial, institutional, and residential settings, emphasizing safety, durability, and ease of use.
- Mechanical Products
An extensive range of mechanical door accessories like hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, and floor springs. These components are crucial for the functional integrity and security of door setups.
- General Hardware
Additional to specific door components, ASSA ABLOY offers a wide array of general hardware products designed to complement its primary offerings, ensuring a comprehensive solution for door access needs.
- Openings Studio™
A pioneering Building Information Modeling (BIM) software ecosystem, Openings Studio™, facilitates unprecedented collaboration amongst design and construction professionals. This tool assists in the efficient design, documentation, and management of door openings throughout the lifecycle of a building project.
Contact Information
