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ASSA ABLOY AB (publ) (ASAZY) Q4 2025 Earnings Call February 5, 2026 3:00 AM EST
Company Participants
Björn Tibell – Head of Investor RelationsNico Delvaux – President, CEO & Head of the Global Technologies of Asia Pacific DivisionErik Pieder – Executive VP & CFO
Conference Call Participants
Daniela Costa – Goldman Sachs Group, Inc., Research DivisionAndre Kukhnin – UBS Investment Bank, Research DivisionGael de-Bray – Deutsche Bank AG, Research DivisionJames Moore – Rothschild & Co Redburn, Research DivisionLushanthan Mahendrarajah – JPMorgan Chase & Co, Research DivisionVivek Midha – Citigroup Inc., Research DivisionAron Ceccarelli – BofA Securities, Research DivisionRizk Maidi – Jefferies LLC, Research DivisionAndreas Koski – BNP Paribas, Research Division
Presentation
Björn TibellHead of Investor Relations
Good morning, everyone, and welcome to the presentation of ASSA ABLOY’s Q4 report for 2025. 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 our CFO, Erik Pieder. We will now, as usual, start this conference with a short summary of the report and then open up for your questions.
And with that, I’d like to hand over to you, Nico.
Nico DelvauxPresident, CEO & Head of the Global Technologies of Asia Pacific Division
Thanks, Bjorn, and also good morning from my side. We can report a strong end of a very good year for ASSA ABLOY. We had a good organic sales development in Q4, an organic growth of 4%. We have strong growth in Global Tech and Americas, good sales growth in EMEIA and in Entrance Systems and a sales decline in APAC, mainly again related to depressing market situation in Greater China.
A good organic sales complemented with also good growth through acquisitions, net 3%. And then strong operational execution with a record EBIT margin of
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