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Assa Abloy CEO sees better organic sales growth H1 2018 than H1 2017


Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - Assa Abloy Ab CEO Johan Molin and CFO Carolina Dybeck to analysts and media ina conference call::SAYS ORDERS SITUATION WAS VERY GOOD IN ENTRANCE SYSTEMS DIVISION IN Q4.SAYS ENTRANCE SYSTEMS DIVISION FULLY COMPENSATED IN 2017 FOR HIGHER RAW MATERIAL COSTS WHILE IN THE AMERICAS DIVISION AND IN CHINA IT DID NOT FULLY COMPENSATE.SAYS H1 ORGANIC SALES OUTLOOK BETTER THAN IT WAS A YEAR AGO.SAYS ORGANIC SALES TARGET FOR 2018 IS HIGHER THAN THE 2-4 PERCENT TARGET COMPANY HAD FOR 2017.