Absolent Air Care Group resumes recruitment of new CEO and President
Anders Hülse, incoming CEO and President, has shortly before he was due to start his position informed the Board of Directors that he has accepted another offer of employment out...
Read more →ASSA ABLOY acquires Door System in Denmark
ASSA ABLOY has signed an agreement to acquire Door System, a Danish manufacturer of high-quality fire rated doors with particular expertise in the pharmaceutical, food and retail industries.
"I am very pleased to welcome Door System to ASSA ABLOY. This acquisition delivers on our strategy to add complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY.
“I am delighted that Door System will join the EMEIA Division. Their strong expertise in high-quality fire rated doors aligns well to our door segment vision, providing exceptional
Read more →Resolutions at ASSA ABLOY AB’s Annual General Meeting 23 April 2025
The Annual General Meeting of ASSA ABLOY AB was held on Wednesday 23 April 2025 in Stockholm, Sweden.
Adoption of income statements and balance sheets and discharge from liability
The Annual General Meeting adopted the parent company’s and the Group’s income statements and balance sheets for the financial year 2024. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2024.
Dividend
The Annual General Meeting approved the dividend of SEK 5.90 per share proposed by the Board of Directors, to be paid out in two equal installments,
Read more →Absolent Air Care Group publishes preliminary reporting for the period January-March 2025
Developments in the latter part of the first quarter of the year have been weak for the Group. In several markets, we have seen increasingly cautious behavior from our customers,...
Read more →Absolent Air Care Group publishes Annual Report for 2024
Absolent Air Care Group today publishes the Annual Report for 2024. The Annual Report is attached to this press release and available on the Group's website (https://www.absolent...
Read more →Quarterly Report Q1 2025
Strong performance in challenging market conditions
First quarter
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Net sales increased by 8% to SEK 37,940 M (35,200), with organic growth of 2% (–2) and acquired net growth of 5% (11). Exchange rates affected sales by 1% (0).
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Organic sales growth was strong in Global Technologies, good in Americas, stable in EMEIA and Entrance Systems, while organic sales declined in Asia Pacific.
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Six acquisitions with combined annual sales of about SEK 3,600 M were completed in the quarter. Divestment of the majority of Citizen ID was completed.
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A new Manufacturing
Read more →ASSA ABLOY acquires Pedestal PRO in the US
ASSA ABLOY has acquired Pedestal PRO, a US manufacturer of access control pedestals, bollards, and innovative mounting solutions.
"I am very pleased to welcome Pedestal PRO into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY.
"Pedestal PRO is an established innovator that seamlessly integrates design, architectural elements, and access control technology, and I am excited for them to be part of ASSA
Read more →Hexagon to acquire CONET Communications assets to strengthen public safety capabilities
Hexagon AB today announced an agreement to acquire the Unified Communications Radio Suite (UCRS) software assets of CONET Communications GmbH (CCOM), part of CONET Group, to complement its public safety platform.
UCRS is a high-performance communication solution for control centres capable of integrating diverse channels such as Private Branch Exchange (PBX) and mobile phone networks, digital radio, business information systems, public address systems, video surveillance (CCTV), video conferencing, and satellite communication infrastructures. Combining UCRS with Hexagon's public safety
Read more →Hexagon announces an update on performance in the first quarter of 2025
Following a good start to the year, Hexagon has recorded a weaker than expected financial performance in March, which is the most significant month in the quarter for revenues. Growth in the key NAFTA and China markets declined in the last two weeks of March, with economic uncertainty impacting deliveries. Recurring revenues grew strongly during the quarter, but this was more than offset by weakness in sensor sales. The decline in sensor volumes in March, coupled with a 6 MEUR drag from currency transaction effects, had a negative short-term impact on EBIT1 margins.
Preliminary reporting
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