Assa Abloy AB Class B
ASSA B: XSTO (SWE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|h# | LOCK|Bl | LOCK|^z!<yY |
Assa Abloy Earnings: Record Margins Reinforce Profitable Growth
Assa Abloy reported 4% organic sales growth in the third quarter, with sales topping SEK 40 billion for the first time. EBIT rose 11%, and the margin expanded by 60 basis points to a record 17.4%.
