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Quarterly Report Q3 2021 27 October 2021 Strong profitable sales growth Third quarter Net sales increased by 8 % to SEK 23,930 M ( 22,225 ) , with organic growth of 7 % ( -5 ) and acquired net growth of 2 % ( 4 ) ● ● ● There was very strong organic sales growth in Americas and Entrance Systems and strong organic sales growth in EMEIA and Global Technologies , but sales decreased in Asia Pacific Operating income ( EBIT¹ ) was SEK 3,392 M ( 3,593 ) , corresponding to an operating margin of 14.2 % ( 16.2 ) . Excluding an operating loss of SEK 196 M for the CERTEGO divestment in the quarter and a one - time operating gain of SEK 252 M in 2020 , the operating margin was 15.0 % ( 15.0 ) Net income¹ amounted to SEK 2,392 M ( 2,528 ) Earnings per share¹ amounted to SEK 2.15 ( 2.28 ) Operating cash flow amounted to SEK 3,619 M ( 4,407 ) . Sales and income ● An agreement was signed to acquire HHI , a leading provider of security , plumbing , and builders ' hardware products to the North American residential segment . This is an important strategic step in further developing the Group's residential business in North America In addition to HHI , four other acquisitions with combined annual sales of about SEK 1,500 M were signed Sales , SEK M Of which : Organic growth Acquisitions and divestments Exchange - rate effects Operating income ( EBIT ) ¹ , SEK M Operating margin ( EBITA ) ¹ , % Operating margin ( EBIT ) ¹ , % Income before tax¹ , SEK M Net income¹ , SEK M Operating cash flow , SEK M Earnings per share¹ , SEK Third quarter 2020 22,225 - 1,043 816 - 1,581 3,593 16.8 % 16.2 % 3,417 2,528 4,407 2.28 2021 23,930 1,576 490 -361 3,392 14.8 % 14.2 % 3,233 2,392 3,619 2.15 A 8 % 7 % 2 % -1 % -6 % -5 % -5 % -18 % -5 % ASSA ABLOY Experience a safer and more open world Organic growth 7 % 13.8 % 13.1 % 7,828 5,792 9,031 5.21 Operating income¹ -6 % Earnings per share¹ -5 % January - September 2021 2020 64,351 69,384 A 6,661 11 % -6,001 2,118 2,211 4 % -849 -3,839 -7 % 8,441 10,168 20 % 8 % ¹ Excluding non - cash operating income in Q3 2020 from revaluation at fair value of 39 % ownership in agta record , totaling SEK 1,910 M. The operating income had no tax impact . 15.3 % 14.7 % 9,719 24 % 7,858 36 % 9,881 9 % 7.07 36 %