Spectrum Brands Holdings Inc (FRA:H221)
€ 81 -1 (-1.22%) Market Cap: 2.27 Bil Enterprise Value: 2.54 Bil PE Ratio: 20.65 PB Ratio: 1.11 GF Score: 79/100

Assa Abloy AB to Acquire Hardware and Home Improvement Division of Spectrum Brands Holdings Inc Call Transcript

Sep 09, 2021 / 06:00AM GMT
Release Date Price: €78.5 (+18.05%)
BjÃ;rn Tibell;publ;Head of IR
ASSA ABLOY AB

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Welcome to this teleconference about the announcement of ASSA ABLOY's acquisition of the Hardware & Home Improvement division of Spectrum Brands in the U.S.

My name is Björn Tibell. I'm heading investor relations. And joining me at this call is ASSA ABLOY's CEO, Nico Delvaux; and our Head of Americas Division, Lucas Boselli.

We have about 30 minutes available for this call, so we will get straight into it, but firstly I would like to note that we are -- we will be referring to some presentation slides, and they are available on our website. So assaabloy.com, under Investors. So we'll now start this teleconference with a presentation of the acquisition before we open up for some questions.

So with that, I would like to hand over to you, Nico.

Nico Delvaux;publ;President
ASSA ABLOY AB;CEO & Head of Global Technologies Division

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Thank you, Björn. And good morning, everyone.

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