Assa Abloy : Q1 Presentation 2022.pdf

A strong start to the year

•  Organic sales development

  • - Very strong sales growth in Americas, Entrance Systems and Global Technologies

  • - Strong sales growth in EMEIA

  • - Sales decline in APAC

•  Very strong EBIT improvement

  - Despite higher material and logistic costs, labor and component shortages

•  Three acquisitions signed

•  Lower operating cash flow due to strong growth and build-up of working capital

Q1 2022 figures in summary

Sales by region Jan-Mar 2022

• ASSA ABLOY 100 14 14

• Emerging markets 13 9 8

Emerging markets follows IMF's definition as per 2018-12-31

Market highlights

•  Project wins

  • - Major critical infrastructure project for US water utility company in 24 states, including 8,000 locking points with recurring revenues

  • - HID to deliver E-Passport services to a large African country

  • - Launch of employee and tenant badges in Apple Wallet for 7 World Trade Center in New York

  • - Significant wins in the healthcare segment:

    •  Key management systems for a large hospital network in Hong Kong

    •  Fire rated security door solutions for an Australian hospital

•  Partnerships and awards

  - Yale secure three new partnerships for its Smart Locks with Smart Reorders enabled by Alexa, Homey and Zipato

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ASSA ABLOY named Best Mobile Key Provider by HotelTechAwards for the third consecutive year