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Assa Abloy AB (ASSAb.ST)

ASSAb.ST on Stockholm Stock Exchange

177.50SEK
16 Feb 2018
Change (% chg)

3.30kr (+1.89%)
Prev Close
174.20kr
Open
175.00kr
Day's High
177.60kr
Day's Low
174.00kr
Volume
2,870,844
Avg. Vol
2,858,839
52-wk High
198.40kr
52-wk Low
164.05kr

Latest Key Developments (Source: Significant Developments)

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

Assa Abloy CEO Molin says has not been asked to become chairman of Ericsson
Thursday, 5 Oct 2017 

Oct 5 (Reuters) - Assa Abloy Ab CEO Johan Molin tells Reuters::Says has not been asked to become chairman of Ericsson.Says, when asked if he rules out to become Ericsson's chairman: "It's a hypothetical question that I don't want to answer. It's not on the cards for me, at least not today.".  Full Article

Assa Abloy says CEO Molin mulling leaving firm in 2018
Thursday, 5 Oct 2017 

Oct 5 (Reuters) - Assa Abloy AB :President and CEO Johan Molin is considering leaving Assa Abloy during 2018.Says Molin has informed board of directors that he is considering resigning as President and CEO during 2018.Says board has begun work on evaluating potential successors to Molin and has also appointed an external recruitment consultant..  Full Article

Blackrock owns 5 percent stake in Assa Abloy
Friday, 30 Sep 2016 

Assa Abloy Ab : BlackRock owns 5 pct stake in Assa Abloy - regulatory filing . Owns 55,641,168 shares Further company coverage: [ASSAb.ST] (Reporting by Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46-(0)8-700 10 17;)).  Full Article

UPDATE 2-Assa Abloy says smart locks the key to faster growth

* Shares rise despite global stock market rout (Adds CEO, analyst comments, shares)