ASSA ABLOY Reports Increased Sales and Improved Operating Margin in Q2 2026
Locking solutions provider ASSA ABLOY announced its second-quarter results, with net sales growing 4% organically and operating margin reaching a record 18.1%.
STOCKHOLM – ASSA ABLOY, a global leader in access solutions, reported a strong second quarter for 2026, with net sales reaching SEK 39,259 million (approximately $3.6 billion USD). This represents a 3% increase compared to the same period last year. Organic sales growth was 4%, supplemented by 2% growth from acquisitions, although exchange rates had a negative impact of 3% on sales.
The company saw robust organic sales growth in the EMEIA region (5%) and the Americas (4%), with positive contributions from Global Technologies and Entrance Systems as well, all growing by 4%. However, organic sales in Asia Pacific declined by 4%, attributed to weaker performance in Greater China & Southeast Asia.
Operating income (EBITA) rose to SEK 7,091 million from SEK 6,555 million in the prior year, driving the operating margin to 18.1% (17.2%). Comparable operating income (EBIT) also increased by 9% to SEK 6,680 million, with a margin of 17.0% (16.2%). Net income for the quarter was SEK 4,422 million, an increase of over 11% year-on-year.
ASSA ABLOY completed five acquisitions during the quarter, with a combined annual sales of approximately SEK 2,000 million. The company highlighted its ongoing commitment to innovation, having launched over 4,000 new products and solutions since 2018. Approximately 25% of current sales are generated from products launched in the last three years, underscoring the impact of R&D investments.