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Assa Abloy AB (ASSAb.ST)

ASSAb.ST on Stockholm Stock Exchange

192.30SEK
22 Jun 2017
Change (% chg)

0.80kr (+0.42%)
Prev Close
191.50kr
Open
190.90kr
Day's High
192.30kr
Day's Low
190.20kr
Volume
1,568,758
Avg. Vol
2,145,344
52-wk High
198.40kr
52-wk Low
159.90kr

Latest Key Developments (Source: Significant Developments)

Assa Abloy buys Bluvision in the U.S
Thursday, 1 Dec 2016 02:00am EST 

Assa Abloy : Assa Abloy acquires Bluvision in the U.S. .Bluvision was founded in 2014 and has some 21 employees.  Full Article

Blackrock owns 5 percent stake in Assa Abloy
Friday, 30 Sep 2016 11:15am EDT 

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

Assa Abloy CEO says sees organic sales decline in July
Tuesday, 19 Jul 2016 04:50am EDT 

Assa Abloy AB CEO Johan Molin at conference call: Assa Abloy CEO says 1 percent organic sales decline in July in the cards, says July has two working days less versus last year . Repeats sees organic growth of 2-4 percent organic growth for 2016, says Asia Pacific will be a drag due to weak China . Says will probably take a hit of 1.5 billion SEK in Q4, rather than previous estimate of 1.0 billion, due new efficiency programme . Says sees opportunities to rationalise group's 22 facilities in China Further company coverage: [ASSAb.ST] (Reporting By Oskar von Bahr) ((Oskar.vonBahr@thomsonreuters.com;)).  Full Article

Assa Abloy Q2 op. profit better than expected, mature markets strong
Tuesday, 19 Jul 2016 02:00am EDT 

Assa Abloy AB, Q2 : Q2 net sales increased by 5% to SEK 17,894 m (17,082), of which 4% (4) was organic growth and 4% (3) was acquired growth . Operating income (EBIT) increased by 6% to SEK 2,910 m (2,742). Operating margin was 16.3% (16.1) . Reuters poll: Assa Abloy Q2 organic growth was seen at 3.3 percent, EBIT at 2,835 million SEK . Says strong growth in Americas, EMEA and Global Technologies and good growth in Entrance Systems . Says negative growth in Asia Pacific owing to weak demand in China .CEO says "My judgment is that global economic trend remains weak, but with a positive trend in America and parts of Europe. Elsewhere, many of emerging markets are stagnating".  Full Article

Assa Abloy acquires Demoteller in the US
Monday, 18 Jul 2016 02:00am EDT 

Assa Abloy Ab : Assa Abloy acquires demoteller in the US . Sales in the next year are expected to reach USD 10 million (approx. SEK 85 million) with a good EBIT margin .The acquisition will be accretive to EPS from start.  Full Article

Assa Abloy acquires Nassau in Denmark
Wednesday, 15 Jun 2016 02:00am EDT 

Assa Abloy Ab : Assa Abloy acquires Nassau in Denmark, a supplier of industrial overhead sectional doors . Sales for 2016 are expected to reach DKK 440 M (approx. SEK 540 million) . The acquisition will be neutral to EPS from start .Nassau was established in 1970 and has some 360 employees.  Full Article

Assa Abloy AB Assa abloy acquires mauer in Bulgaria
Thursday, 19 May 2016 02:13am EDT 

Assa Abloy Ab : Assa Abloy acquires Mauer in Bulgaria .Acquisition will be accretive to EPS from start.  Full Article

Assa Abloy AB repeats FY 2016 guidance on organic growth
Thursday, 28 Apr 2016 05:42am EDT 

Assa Abloy AB:Repeats sees organic sales growth of 2-4 percent in 2016.  Full Article

Assa Abloy AB acquires U.S. firm Lighthouse
Tuesday, 15 Mar 2016 03:00am EDT 

Assa Abloy AB:Acquires Lighthouse in the U.S.Says Lighthouse ‍sales for 2016 are expected to reach $41 million (about 350 million Swedish crowns) with a good EBIT margin​.Says ‍acquisition will be accretive to EPS from start.  Full Article

Assa Abloy AB sells car lock business to Alpha Corporation
Thursday, 3 Mar 2016 01:30am EST 

Assa Abloy AB:Sells car lock business to Alpha Corporation.‍Business had a turnover of 60 million euros in FY2015​.  Full Article

More From Around the Web

UPDATE 1-Assa Abloy Q1 beats forecasts on broad sales pick-up

April 26 Sweden's Assa Abloy, the world's biggest lock maker, posted forecast-beating first-quarter profits and sales on Wednesday boosted by strong growth in the United States and other major markets, adding sluggish Chinese demand had stabilised.