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
* Shares rise despite global stock market rout
(Adds CEO, analyst comments, shares)
STOCKHOLM Sweden's Assa Abloy has appointed Nico Delvaux, chief at mining gear maker Metso , as chief executive, the world's biggest lockmaker said on Monday.