ASSA ABLOY (STO:ASSAB): Fourth quarter · Sales increased by 8% in the quarter, with 4% organic growth, and totaled SEK13,242 M (12,239). · Strong growth in Global Technologies and Americas divisions and good growth in Asia Pacific and Entrance Systems. · EMEA division stabilized and showed weak growth. · Acquisitions of Amarr (USA), Ameristar (USA) and Mercor (Poland) with expected annual sales totaling SEK 3,600 M. · Restructuring program cost SEK 1,000 M. · Operating income (EBIT) amounted to SEK 2,202 1) M (2,030), an increase of 8%. The operating margin was 16.6% 1) (16.6). · Net income amounted to SEK 1,510 2) M (1,405). · Earnings per share rose by 8% to SEK 4.08 2) (3.79). · Strong operating cash flow amounting to SEK 2,541 M (3,160).

Full year · Sales increased by 4%, including 2% organic growth, and totaled SEK 48,481 M (46,619). · Operating income (EBIT) amounted to SEK 7,9231) M (7,501), representing an increase of 6%. The operating margin was 16.3% 1) (16.1). · Net income amounted to SEK 5,496 2) M (5,172). · Earnings per share rose by 6% to SEK 14.84 2) (13.97). · Strong operating cash flow totaling SEK 6,803 M (7,044). ·

The Board of Directors proposes a dividend of SEK 5.70 per share (5.10). 1) Excluding items affecting comparability in 2013 amounting to SEK -1,000 M for both the quarter and the full year. 2) Excluding items affecting comparability in 2013 amounting after tax to SEK […]