Hexagon accelerates the shift to fully autonomous mines with acquisition of indurad
Hexagon has announced the acquisition of indurad, a global leader in radar and Real-Time Location Systems (RTLS) technologies, along with its autonomous haulage subsidiary, xtonomy. This strategic move underscores Hexagon’s commitment to advancing mine productivity, safety, and autonomy through cutting-edge technology.
Key Benefits of the Acquisition:
· Enhanced Mine Safety: indurad’s advanced radar-based collision avoidance systems mitigate risks in high-stakes mining environments.
· Increased Productivity: Real-time ore tracking and measurement help automate mine workflows,
Read more →Paragon Systems, Inc. concludes settlement related to U.S. Government investigation
As previously announced, Securitas has set a provision of MUSD 53 which was accounted for in the third quarter 2024 related to the U.S. Government investigation into Paragon Systems Inc., a U.S. based subsidiary within the business unit Securitas Critical Infrastructure Services. The settlement is now concluded at MUSD 52. In addition, other costs related to the investigation totals approximately MUSD 1. The settlement amount will be paid throughout 2025.
Further information:
Investors: Micaela Sjökvist, VP Group Investor Relations; +46 76 116 7443, micaela.sjokvist@
Read more →ASSA ABLOY acquires IXLA in Italy
ASSA ABLOY has acquired IXLA, an Italian Manufacturer of advanced laser and color personalization systems for cards and passports.
"I am very pleased to welcome the IXLA team into the ASSA ABLOY Group. IXLA is an interesting technological addition to the ASSA ABLOY Group and will increase our presence in the government card personalization equipment space and provides complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY.
“Welcoming IXLA into the HID family demonstrates our commitment to providing convenient and efficient document personalization
Read more →Norbert Hanke appointed interim President and CEO of Hexagon AB
The Board of Directors of Hexagon AB and Paolo Guglielmini have mutually agreed that Paolo will step down from his position as Hexagon’s President and CEO. The Board sees a new leadership approach as essential to steer the company through its next phase.
The Board of Directors of Hexagon AB has appointed Norbert Hanke as interim President and Chief Executive Officer of Hexagon AB. Norbert Hanke assumes his position with immediate effect. Norbert joined Hexagon in 2001, most recently serving as Hexagon’s COO (Chief Operating Officer) and prior to that as Hexagon’s Manufacturing
Read more →Securitas AB Interim Report Q3 2024 | January–September
July–September 2024
· Total sales MSEK 40 229 (40 047)
· Organic sales growth 5 percent (8)
· Real sales growth within technology and solutions 6 percent (14)
· Operating income before amortization MSEK 3 006 (2 764)
· Operating margin 7.5 percent (6.9)
· Earnings per share, SEK 2.03 (–3.58)
· Earnings per share before IAC, SEK 3.05 (2.66)
· Cash flow from operating activities 115 percent (84)
January–September 2024
· Total sales MSEK 120 127 (117 707)
· Organic sales growth 5 percent (10)
· Real sales growth within technology and solutions 7 percent (
Read more →ASSA ABLOY acquires Lawrence Doors in the US
ASSA ABLOY has acquired Lawrence Doors, a US manufacturer of coiling steel doors, grilles and counter shutters.
"I am very pleased to welcome Lawrence Doors 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.
"With the acquisition of Lawrence Doors, we are set to enter the rapidly growing coiling steel market and establish a strong presence on the US West Coast," says Massimo Grassi, Executive Vice
Read more →HEXPOL acquires 80 percent of the shares in Piedmont Resin Supply LLC, a leading US Nylon compounder
HEXPOL has signed an agreement to acquire 80 percent of the shares in Piedmont Resin Supply, LLC (Piedmont) from the founder Mr. Matt Griffith and Mr. Paul Daniel. Piedmont was founded in 2013 and has grown to become one of the largest independent nylon compounders in the US. The company is an industry leader in technical nylon compounds on the US market and services a variety of customers within automotive, transportation and the furniture industries. Piedmont operates a well invested manufacturing facility in Cartersville, GA with some 60 employees and further capacity to grow. The
Read more →Securitas AB to publish the Interim Report January-September 2024 on November 6, 2024
Securitas AB will publish the Interim Report January-September 2024 on Wednesday November 6, 2024,
at 8.00 a.m. (CET).
8.00 a.m. (CET) Report release
The report will be sent as a press release from Cision (www.cision.se) and will automatically be published on www.securitas.com when released.
9.00 a.m. (CET) Presentation slides available
For presentation slides, follow the link
www.securitas.com/en/investors/financial-reports-and-presentations
9.30 a.m. (CET) Telephone conference and audio cast
Analysts and media are invited to participate in a telephone conference at 9.30 a.m.
Read more →Interim report January-September 2024
JULY – SEPTEMBER 2024
· Sales amounted to 4,977 MSEK (5,461).
· EBIT amounted to 800 MSEK (930).
· EBIT-margin amounted to 16.1 percent (17,0).
· Profit after tax amounted to 559 MSEK (670).
· Earnings per share amounted to 1.62 SEK (1.95).
· Operating cash flow amounted to 803 MSEK (963).
JANUARY – SEPTEMBER 2024
· Sales amounted to 15,743 MSEK (17,178).
· EBIT amounted to 2,616 MSEK (2,821).
· EBIT-margin increased to 16.6 percent (16.4).
· Profit after tax amounted to 1,867 MSEK (2,017).
· Earnings per share amounted to 5.42 SEK (5.86).
·
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