Media release 23.01.2020

agta record breaks through EUR 400 million sales barrier

The high growth rates of the first nine months continued into the final quarter of 2019 and helped achieve 8% sales growth for the whole year. The strong sales performance allows management to expect significant growth of EBITDA although this growth is also supported by the change in accounting rules related to leasing (IFRS 16). ASSA ABLOY is still expecting the transaction between the majority owners of agta record and ASSA ABLOY, announced on 6 March 2019, to close in early 2020.

Consolidated sales (January 1 through December 31, 2019)

Next media release
Annual results 2019
24 March 2020 after trading