ASSA ABLOY (ASAZF) reported that its net income attributable to parent company's shareholders for the third quarter rose to 4.149 billion Swedish kronor or 3.73 kronor per share from 3.998 billion kronor or 3.63 kronor per share in the same quarter last year. Sales for the third quarter grew to 38.15 billion kronor from 37.42 billion kronor last year. Organic sales grew by 3%, with an additional 5% acquired net growth. Currency effects were a headwind of -6%, resulting in total growth of 2% in the third quarter.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.