UPDATE 1-Assa Abloy's Q3 operating profit slightly beats expectations

(Updates with operating profit in paragraph 2) STOCKHOLM, Oct 21 (Reuters) – Assa Abloy, the world's largest lockmaker, reported on Tuesday a slightly bigger third-quarter operating profit than expected and said it had seen strong growth in electromechanical products. Operating profit at the Swedish group rose to 6.43 billion Swedish crowns ($682.92 million) from 6.21 billion a year earlier. Analysts polled by LSEG had on average expected a profit of 6.37 billion crowns. ($1 = 9.4155 Swedish crowns) (Reporting by Greta Rosen Fondahn, editing by Stine Jacobsen)

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