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ASSA ABLOY AB (publ) Maintains Strong Position in Access Solutions Market

  • Citigroup maintains a "Buy" rating for ASSA ABLOY AB (publ) (OTC:ASAZY), increasing the price target to SEK 440.
  • Q4 2025 earnings highlight a record year with net sales reaching SEK 38.3 billion despite a 10% negative impact from exchange rates.
  • Full-year 2025 reports record sales of SEK 152.4 billion and an adjusted operating income of SEK 24.7 billion, with a margin of 16.2%.

ASSA ABLOY AB (publ), trading under the symbol ASAZY on the OTC exchange, is a global leader in access solutions. The company specializes in door opening solutions, including locks, doors, gates, and entrance automation. It competes with other major players in the security and access solutions industry. On February 6, 2026, Citigroup maintained its "Buy" rating for ASAZY, with a "hold" action, and increased the price target to SEK 440 from SEK 410, as highlighted by TheFly.

The recent Q4 2025 earnings call for ASSA ABLOY, available on Seeking Alpha, provided valuable insights into the company's financial performance and strategic direction. The company concluded another record year, with net sales for the fourth quarter reaching SEK 38.3 billion. Despite a 10% negative impact from exchange rates, the company achieved an organic growth of 4% and acquired net growth of 3%, resulting in a total sales decline of 3% compared to the previous year.

For the full year 2025, ASSA ABLOY reported record sales of SEK 152.4 billion and an adjusted operating income of SEK 24.7 billion, with a margin of 16.2%. The President and CEO expressed pride in these results, emphasizing the company's strong operational execution despite challenges such as tariffs, high interest rates, and geopolitical uncertainties. The Global Technologies division notably contributed with a robust organic sales growth of 9%, driven by significant contributions from HID.

Currently, ASAZY is priced at $21.88, reflecting a 2.24% increase or $0.48. The stock has fluctuated between a low of $21.85 and a high of $21.94 today, with the latter marking its highest price over the past year. The lowest price for the year was $12.76. ASAZY has a market capitalization of approximately $49.09 billion, with a trading volume of 65,933 shares.