The Stockholm-based group saw varied performance across its divisions. While EMEIA led with 5% organic growth, bolstered by demand in Central Europe and the Nordics, the Asia Pacific region experienced a 4% decline, hampered by weak results in Greater China and Southeast Asia. Americas, Global Technologies, and Entrance Systems divisions all maintained steady growth at 4%.

Operating income hit SEK 6,680 million, up from SEK 6,155 million in the same period last year. President and CEO Nico Delvaux credited the performance to the company's decentralized structure and persistent investment in innovation. Since 2018, ASSA ABLOY has launched over 4,000 products, with new items now accounting for roughly a quarter of total sales. The company also reached a milestone during the quarter by completing its 400th acquisition, securing Portuguese manufacturer Rollerdoor Group as part of its ongoing expansion strategy.