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Quarterly Report Q2 2021 19 July 2021 Significant sales growth and margin recovery Second quarter Net sales increased by 19 % to SEK 23,648 M ( 19,953 ) , with strong organic growth of 23 % ( -18 ) and acquired net growth of 5 % ( 3 ) . Currency effects amounted to -9 % ( 0 ) ● ● ● ● ● Very strong organic sales growth was reported by EMEIA , Americas , Entrance Systems and Global Technologies . The organic sales growth for Asia Pacific was stable Four acquisitions with combined annual sales of about SEK 400 M were signed Operating income ( EBIT ) increased by 71 % and amounted to SEK 3,589 M ( 2,097 ) , corresponding to an operating margin of 15.2 % ( 10.5 ) Net income amounted to SEK 3,212 M ( 1,400 ) Earnings per share amounted to SEK 2.89 ( 1.26 ) Operating cash flow increased by 6 % to SEK 3,627 M ( 3,418 ) . Sales and income Sales , SEK M Of which : Organic growth Acquisitions and divestments Exchange - rate effects Operating income ( EBIT ) , SEK M Operating margin ( EBITA ) , % Operating margin ( EBIT ) , % Income before tax , SEK M Net income , SEK M Operating cash flow , SEK M Earnings per share , SEK Second quarter 2020 19,953 -4,198 654 -48 2,097 11.2 % 10.5 % 1,892 1,400 3,418 1.26 2021 23,648 4,258 856 -1,418 3,589 15.8 % 15.2 % 3,441 3,212 3,627 2.89 A 19 % 23 % 5 % -9 % 71 % 82 % 129 % 6 % 130 % -4,957 1,302 First half - year ASSA ABLOY 4,848 Experience a safer and more open world Organic growth 12.2 % 11.5 % 4,411 3,264 4,624 2.94 23 % Operating income 71 % 2021 2020 42,126 45,454 Earnings per share 130 % 733 -3,478 6,776 A 5,085 13 % 1,721 4 % -9 % 15.6 % 14.9 % 6,486 5,465 6,262 4.92 8 % 40 % 47 % 67 % 35 % 68 %