ASSA ABLOY AB (publ) (LON:0R87)

ASSA ABLOY AB Income Statement

Financials in millions SEK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	152,902	150,162	140,716	120,793	95,007	87,649
Revenue Growth (YoY)	6.53%	6.71%	16.49%	27.14%	8.39%	-6.78%
Cost of Revenue	89,058	87,434	84,212	72,862	57,231	53,336
Gross Profit	63,844	62,728	56,504	47,931	37,776	34,313
Selling, General & Admin	34,676	32,439	28,948	23,878	19,302	19,625
Research & Development	6,101	6,101	5,712	4,834	3,936	3,902
Other Operating Expenses	-278	-278	404	222	80	270
Operating Expenses	40,499	38,262	35,064	28,934	23,318	23,797
Operating Income	23,345	24,466	21,440	18,997	14,458	10,516
Interest Expense	-3,535	-3,467	-2,524	-919	-646	-746
Interest & Investment Income	119	119	139	35	2	3
Earnings From Equity Investments	54	45	18	26	19	257
Currency Exchange Gain (Loss)	-78	-78	-83	-21	-74	-95
Other Non Operating Income (Expenses)	-64	-62	-176	-132	-22	-41
EBT Excluding Unusual Items	19,841	21,023	18,814	17,986	13,737	9,894
Merger & Restructuring Charges	-307	-307	-965	-506	-207	-287
Gain (Loss) on Sale of Investments	-	-	-	-	-	1,909
Gain (Loss) on Sale of Assets	143	131	3,647	-	-175	-43
Asset Writedown	-	-	-2,271	-	-	-
Other Unusual Items	46	46	30	41	184	203
Pretax Income	19,723	20,893	19,255	17,521	13,539	11,676
Income Tax Expense	5,103	5,272	5,615	4,225	2,638	2,504
Earnings From Continuing Operations	14,620	15,621	13,640	13,296	10,901	9,172
Net Income to Company	14,620	15,621	13,640	13,296	10,901	9,172
Minority Interest in Earnings	16	18	-7	-5	-1	-1
Net Income	14,636	15,639	13,633	13,291	10,900	9,171
Net Income to Common	14,636	15,639	13,633	13,291	10,900	9,171
Net Income Growth	1.84%	14.71%	2.57%	21.94%	18.85%	-8.23%
Shares Outstanding (Basic)	1,111	1,111	1,111	1,111	1,111	1,111
Shares Outstanding (Diluted)	1,111	1,111	1,111	1,111	1,111	1,111
EPS (Basic)	13.18	14.08	12.27	11.97	9.81	8.26
EPS (Diluted)	13.18	14.08	12.27	11.97	9.81	8.26
EPS Growth	1.84%	14.71%	2.57%	21.94%	18.85%	-8.23%
Free Cash Flow	18,541	19,107	18,927	12,645	11,036	12,243
Free Cash Flow Per Share	16.69	17.20	17.04	11.38	9.94	11.02
Dividend Per Share	5.900	5.900	5.400	4.800	4.200	3.900
Dividend Growth	9.26%	9.26%	12.50%	14.29%	7.69%	1.30%
Gross Margin	41.75%	41.77%	40.16%	39.68%	39.76%	39.15%
Operating Margin	15.27%	16.29%	15.24%	15.73%	15.22%	12.00%
Profit Margin	9.57%	10.42%	9.69%	11.00%	11.47%	10.46%
Free Cash Flow Margin	12.13%	12.72%	13.45%	10.47%	11.62%	13.97%
EBITDA	27,308	28,211	25,008	21,739	17,034	12,985
EBITDA Margin	17.86%	18.79%	17.77%	18.00%	17.93%	14.82%
D&A For EBITDA	3,963	3,745	3,568	2,742	2,576	2,469
EBIT	23,345	24,466	21,440	18,997	14,458	10,516
EBIT Margin	15.27%	16.29%	15.24%	15.73%	15.22%	12.00%
Effective Tax Rate	25.87%	25.23%	29.16%	24.11%	19.48%	21.45%

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.