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ASSA ABLOY Reports Higher Third-Quarter Earnings

ASSA ABLOY reported higher earnings and earnings per share in its third quarter compared with the prior year.

ASSAB

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08:03:27 AM UTC
SquawkNews
Sweden's Assa Abloy OMXSTO:ASSA_B, the world's largest lock maker, on Tuesday reported stronger-than-expected third-quarter earnings, driven by price realization and cost efficiencies.The group, which competes with Allegion NYSE:ALLE and Dormakaba BX:DOKA, said its restructuring was progressing as…

WASHINGTON (dpa-AFX) - ASSA ABLOY (ASS.L) revealed earnings for its third quarter that Increases, from last yearThe company's earnings totaled SEK4.715 billion, or SEK4.24 per share. This compares with SEK4.149 billion, or SEK3.74 per share, last year.Excluding items, ASSA ABLOY reported adjusted…