Edition:
United Kingdom

Assa Abloy AB (ASSAb.ST)

ASSAb.ST on Stockholm Stock Exchange

193.05SEK
2:38pm GMT
Change (% chg)

-0.05kr (-0.03%)
Prev Close
193.10kr
Open
192.55kr
Day's High
193.40kr
Day's Low
192.00kr
Volume
706,904
Avg. Vol
2,173,415
52-wk High
194.80kr
52-wk Low
153.90kr

Latest Key Developments (Source: Significant Developments)

Assa Abloy CEO:Too Early To Talk About Trend Break in China
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Assa Abloy AB CEO Nico Delvaux to analysts in conference call::SAYS SALES GROWTH IN CHINA WAS 4 PERCENT IN Q4 BUT IT'S TOO EARLY TO TALK ABOUT A TREND BREAK.SEES GOOD MARKET CONDITIONS IN GENERAL,SAYS MARKET CONDITIONS HAVEN'T CHANGED VERSUS 3 MONTHS AGO IN GENERAL BUT HAS SEEN A SLOWDOWN IN FRANCE.  Full Article

Assa Abloy acquires Pacific Door Systems in New Zealand
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Assa Abloy AB ::ASSA ABLOY ACQUIRES PACIFIC DOOR SYSTEMS IN NEW ZEALAND.ASSA ABLOY ACQUIRES PACIFIC DOOR SYSTEMS IN NEW ZEALAND.SAYS PACIFIC DOOR SYSTEMS WAS ESTABLISHED IN 1992 AND HAS APPROXIMATELY 80 EMPLOYEES.SAYS SALES FOR 2018 ARE EXPECTED TO REACH ABOUT NZD 20 MILLION (APPROX. SEK 125 MILLION) WITH A GOOD EBIT MARGIN AND ACQUISITION WILL BE ACCRETIVE TO EPS FROM START.  Full Article

Assa Abloy Acquires Luxer One
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Assa Abloy AB ::ASSA ABLOY ACQUIRES LUXER ONE IN THE US.SALES FOR 2018 ARE EXPECTED TO REACH ABOUT USD 37 MILLION (APPROX. SEK 335 MILLION).ACQUISITION WILL BE NEUTRAL TO EPS FROM START.  Full Article

Assa Abloy Acquires Lorient In The UK
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Assa Abloy AB ::ASSA ABLOY ACQUIRES LORIENT IN THE UK.  Full Article

Assa Abloy acquires door sealing systems maker Lorient
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Assa Abloy AB ::ASSA ABLOY ACQUIRES LORIENT IN THE UK.SAYS SALES FOR LORIENT IN 2018 ARE EXPECTED TO REACH ABOUT GBP 19 MILLION (APPROX. SEK 220 MILLION).SAYS SALES FOR 2018 ARE EXPECTED TO REACH ABOUT GBP 19 MILLION (APPROX. SEK 220 MILLION) WITH A GOOD EBIT MARGIN AND ACQUISITION WILL BE ACCRETIVE TO EPS FROM START.SAYS LORIENT, A LEADING DESIGNER AND MANUFACTURER OF HIGH PERFORMANCE DOOR SEALING SYSTEMS BASED IN THE UK WITH HALF OF SALES EXPORTED OUTSIDE OF THE UK AND EU.  Full Article

Assa Abloy CEO: price hikes to increasingly compensate for high steel costs
Friday, 19 Oct 2018 

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
Friday, 19 Oct 2018 

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

Photo

Solid BP update, banks, push European shares to nine-week high

(This February 5 story corrects name of a research firm to Liberum in paragraph 15.)