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Assa Abloy AB (ASSAb.ST)

ASSAb.ST on Stockholm Stock Exchange

214.80SEK
3:37pm BST
Change (% chg)

-0.80kr (-0.37%)
Prev Close
215.60kr
Open
215.40kr
Day's High
216.90kr
Day's Low
214.50kr
Volume
572,828
Avg. Vol
1,775,679
52-wk High
231.60kr
52-wk Low
153.90kr

Latest Key Developments (Source: Significant Developments)

Assa Abloy acquires U.S.-based Keyper Systems
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Assa Abloy AB ::ASSA ABLOY ACQUIRES KEYPER SYSTEMS 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 Q1 OF 2019.  Full Article

Assa Abloy CEO repeats sales growth, profit margin targets
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - Assa Abloy AB CEO Nico Delvaux and CFO Karolina Dybeck Happe in a presentation to investors and media in Stockholm::ASSA ABLOY CEO SAYS LONGTERM UNDERLYING DEMAND FOR ACCESS SOLUTIONS IS STRONG.ASSA ABLOY CFO REPEATS FINANCIAL TARGETS OF 10 PERCENT SALES GROWTH AND 16-17 PERCENT EBIT MARGIN.ASSA ABLOY CEO SAYS HAS AMBITION TO DOUBLE SIZE OF GLOBAL TECHNOLOGY DIVISION IN 2015-2020 PERIOD.ASSA ABLOY CEO SAYS NEW CHINA BUSINESS ORGANISATION SHOULD BE UP AND RUNNING BY THE END OF 2018, SHOULD SEE RESULTS FROM IT IN 2019.  Full Article

Assa Abloy CEO sees better organic sales growth H1 2018 than H1 2017
Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - Assa Abloy Ab CEO Johan Molin and CFO Carolina Dybeck to analysts and media ina conference call::SAYS ORDERS SITUATION WAS VERY GOOD IN ENTRANCE SYSTEMS DIVISION IN Q4.SAYS ENTRANCE SYSTEMS DIVISION FULLY COMPENSATED IN 2017 FOR HIGHER RAW MATERIAL COSTS WHILE IN THE AMERICAS DIVISION AND IN CHINA IT DID NOT FULLY COMPENSATE.SAYS H1 ORGANIC SALES OUTLOOK BETTER THAN IT WAS A YEAR AGO.SAYS ORGANIC SALES TARGET FOR 2018 IS HIGHER THAN THE 2-4 PERCENT TARGET COMPANY HAD FOR 2017.  Full Article

Assa Abloy acquires Phoniro in Sweden
Friday, 2 Feb 2018 

Feb 2 (Reuters) - Assa Abloy Ab ::ASSA ABLOY ACQUIRES PHONIRO IN SWEDEN.ASSA ABLOY AB SAYS ‍SALES FOR 2018 ARE EXPECTED TO REACH AROUND SEK 175 MILLION WITH A GOOD EBIT MARGIN AND ACQUISITION WILL BE ACCRETIVE TO EPS FROM START.SAYS PHONIRO IS LARGEST PLAYER WITHIN INTEGRATED DIGITAL KEY MANAGEMENT SOLUTIONS AND ALARM FOR HOMECARE AND NURSING HOMES IN THE NORDIC REGION.​.  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

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Lockmaker Assa Abloy wary on some markets as savings lift second-quarter profit

STOCKHOLM Assa Abloy , the world's biggest lock maker, reported a 28% jump in quarterly profit as savings and price hikes offset higher raw material costs but said uncertainty had increased in some markets such as Brazil, Mexico and Britain.