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Assa Abloy AB (ASSAb.ST)

ASSAb.ST on Stockholm Stock Exchange

192.40SEK
17 May 2018
Change (% chg)

1.35kr (+0.71%)
Prev Close
191.05kr
Open
191.10kr
Day's High
192.60kr
Day's Low
191.00kr
Volume
3,872,219
Avg. Vol
2,731,800
52-wk High
197.00kr
52-wk Low
164.05kr

Latest Key Developments (Source: Significant Developments)

Assa Abloy Agrees to Buy U.S.-Based Pioneer Industries
Wednesday, 9 May 2018 

May 9 (Reuters) - Assa Abloy AB ::ASSA ABLOY ACQUIRES PIONEER INDUSTRIES IN THE US.ACQUISITION WILL BE ACCRETIVE TO EPS FROM START.ACQUISITION IS CONDITIONAL UPON SATISFACTION OF CUSTOMARY CLOSING CONDITIONS AND IS EXPECTED TO CLOSE DURING Q2 OF 2018.  Full Article

Assa Abloy to buy Mexico's Bruken
Wednesday, 9 May 2018 

May 9 (Reuters) - Assa Abloy AB ::ASSA ABLOY ACQUIRES BRÜKEN IN MEXICO.SAYS BRÜKEN WAS ESTABLISHED IN 2008 AND HAS APPROXIMATELY 80 EMPLOYEES. HEAD OFFICE IS LOCATED IN LEON, MEXICO..ACQUISITION WILL BE ACCRETIVE TO EPS FROM START.SAYS SALES FOR 2018 ARE EXPECTED TO REACH ABOUT MXN 570 MILLION (APPROX. SEK 260 MILLION) WITH A GOOD EBIT MARGIN.  Full Article

Assa Abloy CEO: market signals overall positive so far in Q2
Thursday, 26 Apr 2018 

April 26 (Reuters) - Assa Abloy AB New CEO Nico Delvaux and CFO Carolina Dybeck Happe in an earnings call with analysts and media ::ASSA ABLOY CEO SAYS SIGNALS ON MARKET CONDITIONS IN Q2 ARE OVERALL POSITIVE IN EUROPE, NORTH AMERICA, EMERGING MARKETS OVERALL.ASSA ABLOY CEO SAYS IMPPRESSION IS THAT THE DOWNWARDS MARKET TREND SEEN IN RECENT QUARTERS IN CHINA, BRAZIL HAS STOPPED, EXPECTS UPWARDS TREND FROM NOW ON.ASSA ABLOY NEW CEO SAYS DOESN'T WANT TO MAKE BIG CHANGES TO CURRENT STRATEGY, MERELY FINETUNING.ASSA ABLOY NEW CEO SAYS COMPANY'S 10 PERCENT SALES GROWTH TARGET IS A REALISTIC AMBITION LONG-TERM.ASSA ABLOY CFO - NEW SAVINGS PROGRAMME' S FOOTPRINT WILL PROBABLY BE SIMILAR TO CURRENT PROGRAMMES WHICH FOCUS MAINLY ON ENTRANCE SYSTEMS AND EMEA DIVISIONS IN EUROPE, AS WELL AS ON CHINA AND LATIN AMERICA.  Full Article

Assa Abloy buys Dale Hardware and Excel Architectural in UK
Monday, 5 Feb 2018 

Feb 5 (Reuters) - Assa Abloy Ab ::ASSA ABLOY ACQUIRES DALE HARDWARE AND EXCEL ARCHITECTURAL HARDWARE IN THE UNITED KINGDOM.ASSA ABLOY AB SAYS ‍DALE HAS APPROXIMATELY 70 EMPLOYEES​.ASSA ABLOY AB SAYS ‍SALES FOR 2018 ARE EXPECTED TO REACH AROUND £19 MILLION (APPROX. SEK 210 MILLION)​.ASSA ABLOY AB SAYS ‍ACQUISITION WILL BE ACCRETIVE TO EPS FROM START.​.  Full Article

Metso President And CEO To Resign
Monday, 18 Dec 2017 

Dec 18 (Reuters) - METSO OYJ ::REG-PRESIDENT AND CEO NICO DELVAUX TO ASSUME CEO POSITION OUTSIDE METSO.REG-PRESIDENT AND CEO NICO DELVAUX TO ASSUME CEO POSITION OUTSIDE METSO.‍METSO'S PRESIDENT AND CEO NICO DELVAUX HAS DECIDED TO RESIGN AND ASSUME POSITION OF PRESIDENT AND CEO OF ASSA ABLOY AB <<>>​.NICO DELVAUX WILL LEAVE HIS DUTIES IN METSO ON JUNE 18, 2018, AT LATEST​.  Full Article

Assa Abloy CEO says is more positove about the organic sales outlook for 2018
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Assa Abloy AB CEO Johan Molin in presentation to investors and media: :Assa abloy ceo says expects china demand to move increasingly towards maintenance from new construction.Assa abloy ceo says not impossible we will launch another efficiency programme in 2018, looking into the different divisions currently what more can be done.Assa abloy ceo says has become more positove about the organic sales growth outlook for 2018, overall has a fairly positive outlook except for in china.EMEA division head Tzachi Wiesenfeld in presentation: EMEA division organic sales will be positive also in Q4 .EMEA division head Tzachi Wiesenfeld in presentation: in process of consolidating brands at EMEA division to 20-something in coming years from 46 currently .  Full Article

Assa Abloy CEO: overall market outlook reasonably good
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Assa Abloy AB CEO Johan Molin in presentation to capital market players::says a few more acquisitions will land by the end of the year.says overall market outlook is reasonably good, thinks markets will continue at a decent level.says emea market is growing nicely and coming more and more to life, north america market continues at a decent level.Presentation material: company reiterates financial targets .  Full Article

Assa Abloy CEO: China market seems to be levelling out so far in Q4
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Assa Abloy Ab CEO Johan Molin to analysts and media in a conference call: :Assa abloy ceo says china market seems to level at least for our products, it looks positive compared to last year so far in q4.Assa abloy ceo says october group organic sales growth is around 4 percent.  Full Article

Assa Abloy Q3 EBIT, organic growth match expectations
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Assa Abloy Ab :Organic growth in all divisions for assa abloy.Assa abloy ab q3 ‍operating income (ebit) increased by 2% to sek 3,080 m​.Q3 ‍net sales increased by 3% to sek 18,499 m (18,025), with organic growth of 3%​.Assa abloy ab q3 ‍strong growth was shown by global technologies and good growth by emea, americas, entrance systems and asia pacific, despite weak china​.Assa abloy ab q3 ‍china remains challenging and our sales continued to decline​.Reuters poll: assa abloy q3 organic growth was seen at 3.3 percent, ebit at sek 3,125 million, adjusted ebit at 3,125 million.Assa abloy ab says ‍global economic trend has improved to some degree compared with last year. On most markets there is a positive trend, but on some markets, such as china and brazil, demand remains weak​.Assa abloy ab says ‍in general , demand continues to be good. In europe we saw a strong sales trend in areas including eastern europe, southern europe and france in q3​.  Full Article

Cleantech signs Matti Heikkinen as Brand Ambassador
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - CLEANTECH INVEST OYJ ::CLEANTECH INVEST SIGNS WORLD CHAMPION SKIER MATTI HEIKKINEN AS ITS FIRST BRAND AMBASSADOR.‍ENTERED INTO A CO-OPERATION WITH FINNISH CROSS COUNTRY SKIER MATTI HEIKKINEN.​.  Full Article

UPDATE 1-Assa Abloy set for more savings as smart locks boost Q1

STOCKHOLM, April 26 Assa Abloy, the world's biggest lock group, plans to cut costs further from later this year after posting first-quarter profits that roughly matched expectations.