Assa Abloy increases the dividend

The lock giant Assa Abloy reports a profit before tax of 5.7 billion kronor for the fourth quarter, compared to a profit of 4.9 billion kronor for the corresponding period the previous year.

Analysts had on average expected a profit of 5.5 billion kronor, according to Bloomberg's compilation.

The turnover amounted to 40 billion kronor, compared to 37 billion kronor a year earlier.

The board proposes a dividend to shareholders of 5.9 kronor per share, which can be compared to the dividend last year of 5.4 kronor per share. Here, expectations were for a dividend of 5.83 kronor per share.