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Assa Abloy AB (ASSAb.ST)

ASSAb.ST on Stockholm Stock Exchange

169.60SEK
23 Nov 2017
Change (% chg)

-0.90kr (-0.53%)
Prev Close
170.50kr
Open
170.30kr
Day's High
170.60kr
Day's Low
168.80kr
Volume
1,715,879
Avg. Vol
2,572,294
52-wk High
198.40kr
52-wk Low
159.90kr

Latest Key Developments (Source: Significant Developments)

Assa Abloy CEO says is more positove about the organic sales outlook for 2018
Wednesday, 15 Nov 2017 04:28am EST 

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 02:48am EST 

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 04:39am EDT 

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 02:00am EDT 

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 01:30am EDT 

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

Assa Abloy CEO Molin says has not been asked to become chairman of Ericsson
Thursday, 5 Oct 2017 04:54am EDT 

Oct 5 (Reuters) - Assa Abloy Ab CEO Johan Molin tells Reuters::Says has not been asked to become chairman of Ericsson.Says, when asked if he rules out to become Ericsson's chairman: "It's a hypothetical question that I don't want to answer. It's not on the cards for me, at least not today.".  Full Article

Assa Abloy buys Mercury Security in the U.S.
Tuesday, 19 Sep 2017 02:00am EDT 

Sept 19 (Reuters) - Assa Abloy Ab ::Says acquires Mercury Security in the U.S..Says sales of acquired company, a supplier of controllers for physical access control, for 2017 are expected to reach USD 60 million (approx. SEK 500 million).Says the acquisition will be accretive to EPS from start.  Full Article

Assa Abloy sells AdvanIDe
Friday, 11 Aug 2017 02:00am EDT 

Aug 11 (Reuters) - Assa Abloy AB :Assa Abloy sells AdvanIDe.Says business has its headquarters in Singapore, employs 56 people.  Full Article

Assa Abloy buys India's SMI
Wednesday, 2 Aug 2017 02:00am EDT 

Aug 2 (Reuters) - Assa Abloy AB :Says has bought India's SMI.Company has 960 employees.2017 sales expected to be around 140 mln SEK, acquisition EPS accretive from start .  Full Article

Assa Abloy CEO says organic growth so far in Q3 around 4 pct
Wednesday, 19 Jul 2017 05:05am EDT 

July 19 (Reuters) - Assa Abloy AB CEO Johan Molin at a news conference: :says thinks brazil demand is reaching bottom and will most likely grow from q4 on.says sees same organic growth trend so far in q3 as in h1, when it was +4 percent.says very interested in continuing to grow by acquisitions in emerging markets, except in china currently.  Full Article

Assa Abloy CEO sees homes converting to digital locks as sales driver

** Assa Abloy CEO Johan Molin to Reuters: "I believe our organic growth will accelerate, partly because homes convert to digital solutions and partly because we see much more digital solutions within business to business"