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

ASSA ABLOY AB Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 29, 2024	Dec 30, 2023	Dec 30, 2022	Dec 30, 2021	Dec 30, 2020	Dec 30, 2019
Revenue	147,556	140,716	120,793	95,007	87,649	94,029
Revenue Growth (YoY)	7.97%	16.49%	27.14%	8.39%	-6.79%	11.88%
Cost of Revenue	86,503	84,212	72,862	57,231	53,336	56,499
Gross Profit	61,053	56,504	47,931	37,776	34,313	37,530
Selling, General & Admin	30,601	28,948	23,878	19,302	19,625	19,554
Research & Development	5,712	5,712	4,834	3,936	3,902	3,566
Other Operating Expenses	404	404	222	80	270	96
Operating Expenses	36,717	35,064	28,934	23,318	23,797	23,216
Operating Income	24,336	21,440	18,997	14,458	10,516	14,314
Interest Expense	-3,373	-2,524	-919	-646	-746	-990
Interest & Investment Income	139	139	35	2	3	14
Earnings From Equity Investments	27	18	26	19	257	147
Currency Exchange Gain (Loss)	-83	-83	-21	-74	-95	-62
Other Non Operating Income (Expenses)	-174	-176	-132	-22	-41	-57
EBT Excluding Unusual Items	20,872	18,814	17,986	13,737	9,894	13,366
Merger & Restructuring Charges	-965	-965	-506	-207	-287	-216
Impairment of Goodwill	1	-2,271	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	1,909	-
Gain (Loss) on Sale of Assets	-85	3,647	-	-175	-43	63
Other Unusual Items	30	30	41	184	203	358
Pretax Income	19,853	19,255	17,521	13,539	11,676	13,571
Income Tax Expense	4,507	5,615	4,225	2,638	2,504	3,574
Earnings From Continuing Operations	15,346	13,640	13,296	10,901	9,172	9,997
Net Income to Company	15,346	13,640	13,296	10,901	9,172	9,997
Minority Interest in Earnings	-20	-7	-5	-1	-1	-4
Net Income	15,326	13,633	13,291	10,900	9,171	9,993
Net Income to Common	15,326	13,633	13,291	10,900	9,171	9,993
Net Income Growth	14.36%	2.57%	21.94%	18.85%	-8.23%	262.99%
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
Shares Change (YoY)	0.03%	-	-	-	-	-
EPS (Basic)	13.79	12.27	11.97	9.81	8.26	9.00
EPS (Diluted)	13.79	12.27	11.97	9.81	8.26	9.00
EPS Growth	14.32%	2.57%	21.94%	18.85%	-8.23%	262.99%
Free Cash Flow	17,993	18,927	12,645	11,036	12,243	11,448
Free Cash Flow Per Share	16.19	17.04	11.38	9.94	11.02	10.31
Dividend Per Share	5.400	5.400	4.800	4.200	3.900	3.850
Dividend Growth	12.50%	12.50%	14.29%	7.69%	1.30%	10.00%
Gross Margin	41.38%	40.15%	39.68%	39.76%	39.15%	39.91%
Operating Margin	16.49%	15.24%	15.73%	15.22%	12.00%	15.22%
Profit Margin	10.39%	9.69%	11.00%	11.47%	10.46%	10.63%
Free Cash Flow Margin	12.19%	13.45%	10.47%	11.62%	13.97%	12.17%
EBITDA	28,402	25,008	21,739	17,034	12,985	16,500
EBITDA Margin	19.25%	17.77%	18.00%	17.93%	14.81%	17.55%
D&A For EBITDA	4,066	3,568	2,742	2,576	2,469	2,186
EBIT	24,336	21,440	18,997	14,458	10,516	14,314
EBIT Margin	16.49%	15.24%	15.73%	15.22%	12.00%	15.22%
Effective Tax Rate	22.70%	29.16%	24.11%	19.48%	21.45%	26.34%

Source: S&P Capital IQ. Standard template. Financial Sources.