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Assa Abloy AB (ASSAb.ST)

ASSAb.ST on Stockholm Stock Exchange

172.00SEK
1:16pm BST
Change (% chg)

2.20kr (+1.30%)
Prev Close
169.80kr
Open
173.00kr
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175.80kr
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169.70kr
Volume
2,304,141
Avg. Vol
2,031,259
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194.80kr
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164.05kr

Latest Key Developments (Source: Significant Developments)

Assa Abloy CEO: price hikes to increasingly compensate for high steel costs
10:37am BST 

Oct 19 (Reuters) - Assa Abloy AB CEO Nico Delvaux to analysts and media in a conference call::ASSA ABLOY CEO SAYS CONTINUED PRICE INCREASES SHOULD MORE AND MORE COMPENSATE FOR THE HIGH STEEL COSTS, IS CONFIDENT WILL BE ABLE TO FULLY COMPENSATE BY EARLY 2019.  Full Article

Assa Abloy CEO: to book most costs for new restructuring programme in Q4
10:03am BST 

Oct 19 (Reuters) - Assa Abloy AB CEO Nico Delvaux to analysts and media in a conference call::ASSA ABLOY CEO SAYS SCOPE OF THE NEW SAVINGS PROGRAMME, PLANNED FOR LAUNCH IN Q4, WILL BE VERY SIMILAR TO PREVIOUS ONES, WITH COST OF AROUND 1-1.5 BILLION SEK.ASSA ABLOY CEO SAYS TO TAKE MAJORITY OF COST FOR THE NEW RESTRUCTURING PROGRAMME AT THE END OF 2018, AND PART OF THE COST IN 2019.ASSA ABLOY CEO SAYS WOULD BE VERY DISAPPOINTED IF ORGANIC GROWTH SALES AT THE EMEA DIVISION DID NOT IMPROVE IN Q4 VERSUS Q3.  Full Article

Assa Abloy buys biometric ID management firm Crossmatch
Monday, 24 Sep 2018 

Sept 24 (Reuters) - Assa Abloy AB ::ASSA ABLOY ACQUIRES CROSSMATCH IN THE U.S., A LEADER IN BIOMETRIC IDENTITY MANAGEMENT AND SECURE AUTHENTICATION SOLUTIONS.SAYS SALES FOR 2018 ARE EXPECTED TO REACH USD 125 MILLION (APPROX. SEK 1,150 MILLION) WITH A GOOD EBIT MARGIN.SAYS ACQUISITION WILL BE ACCRETIVE TO EPS FROM START.  Full Article

Assa Abloy to partly offset higher steel costs in the US in H2 -CEO
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Assa Abloy AB CEO Nico Delvaux in a conference call with analysts and media::ASSA ABLOY CEO SAYS MORE OPTIMISTIC ON COLOMBIA MARKET OUTLOOK FROM Q3 ON, MORE CAUTIOUS ON MEXICO MARKET OUTLOOK.ASSA ABLOY CEO SAYS RESIDENTIAL SEGMENT OF FRENCH MARKET DROPPED SIGNIFICANTLY IN Q2, DIFFICULT TO GIVE FRANCE MARKET PREDICTION FOR H2.ASSA ABLOY CEO SEES AN IMPORTANT FURTHER INCREASE IN STEEL PRICES IN H2 IN THE US PARTLY DUE NEW IMPORT TARIFFS, EXPECTS PRICE HIKES TO COMPENSATE BETTER IN H2 THAN IN Q2 FOR THE HIGHER COST BUT NOT FULLY.  Full Article

Assa Abloy Acquires Planet GDZ In Switzerland
Friday, 13 Jul 2018 

July 13 (Reuters) - Assa Abloy AB ::ASSA ABLOY ACQUIRES PLANET GDZ IN SWITZERLAND.SAYS SALES AT PLANET GDZ FOR 2018 ARE EXPECTED TO REACH SOME CHF 18 MILLION (APPROX. SEK 160 MILLION) WITH A GOOD EBIT MARGIN AND ACQUISITION WILL BE ACCRETIVE TO EPS FROM START.  Full Article

Assa Abloy acquires Door Systems in the U.S.
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Assa Abloy AB ::ASSA ABLOY ACQUIRES DOOR SYSTEMS IN THE US.ASSA ABLOY AB SAYS SALES FOR 2018 ARE EXPECTED TO REACH ABOUT USD 27 MILLION (APPROX. SEK 230 MILLION) WITH A GOOD EBIT MARGIN..ASSA ABLOY AB SAYS ACQUISITION WILL BE ACCRETIVE TO EPS FROM START..  Full Article

Maersk Picks Assa Abloy CFO Carolina Dybeck Happe As New CFO
Wednesday, 20 Jun 2018 

June 20 (Reuters) - AP Moeller - Maersk A/S ::SAYS WITH EFFECT FROM NO LATER THAN 1 JANUARY 2019, CAROLINA DYBECK HAPPE WILL TAKE UP POSITION AS CHIEF FINANCIAL OFFICER (CFO) OF A.P. MØLLER - MÆRSK A/S.SAYS CAROLINA DYBECK HAPPE, AGE 45, COMES FROM A POSITION AS EXECUTIVE VICE PRESIDENT AND CFO OF ASSA ABLOY GROUP.  Full Article

Assa Abloy CFO Carolina Dybeck Happe To Leave For External Role
Wednesday, 20 Jun 2018 

June 20 (Reuters) - Assa Abloy AB ::CHANGES IN ASSA ABLOY'S GROUP MANAGEMENT.CAROLINA DYBECK HAPPE, CFO AND EXECUTIVE VICE PRESIDENT OF ASSA ABLOY HAS DECIDED TO LEAVE COMPANY FOR A POSITION OUTSIDE GROUP.CFO WILL BE LEAVING AT END OF DECEMBER 2018 AND PROCESS TO FIND HER SUCCESSOR HAS BEEN INITIATED.  Full Article

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 Q3 profit growth matches expectations

STOCKHOLM, Oct 19 Sweden's Assa Abloy , the world's biggest lock maker, posted on Friday an increase in third-quarter operating profit that matched expectations and said it would launch a three-year restructuring programme in the fourth quarter.