# Assa Abloy Posts Record Q3 Sales of SEK 40.77 Billion, Up 7%

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/41944
Published: 2026-10-27T18:46:13.000Z
Updated: 2026-10-27T18:46:13.000Z
Section: Business

> Organic sales grew 6% in the Americas and 5% in EMEIA, while Asia Pacific organic sales fell 1%; the company attributed the decline to weak sales in Greater China.

Assa Abloy posted record third-quarter 2026 sales of SEK 40.77 billion, up 7% from a year earlier, as organic growth in the Americas and EMEIA offset an organic sales decline in Asia Pacific. Quarterly sales, operating profit and operating margin each reached records.

Net sales totaled SEK 40.771 billion, compared with SEK 38.146 billion in the third quarter of 2025. Organic growth contributed 4 percentage points to the increase, net acquisitions added 2 points and currency movements contributed 1 point.

Organic sales rose 6% in the Americas and 5% in EMEIA. Asia Pacific organic sales fell 1%; the company attributed the decline to weak sales in Greater China.

Operating income before interest and taxes (EBIT) increased 11% to SEK 7.102 billion. Its margin widened to 17.4% from 16.8% in the year-earlier comparison. EBITA reached SEK 7.612 billion, up 12%, while its margin expanded to 18.7% from 17.9%.

Earnings per share were SEK 4.24, 14% above the SEK 3.73 prior-year comparison, which excludes items affecting comparability. Net income rose 14% to SEK 4.718 billion, and operating cash flow increased 6% to SEK 7.405 billion.

President and CEO Nico Delvaux said, “We are proud of what we have accomplished in the first nine months and are confident in our ability to deliver another strong year.”

Assa Abloy makes access solutions, including mechanical and digital locks, access control and automated entrances. During the quarter, it completed three acquisitions with combined annual sales of about SEK 350 million and divested one business. The results were released Oct. 27 at 3 a.m. ET (07:00 UTC).