Half-year report January – June 2023
APRIL – JUNE 2023
· Sales amounted to 5,727 MSEK (5,654).
· EBIT increased by 13 percent and amounted to 945 MSEK (836).
· EBIT-margin amounted to 16.5 percent (14.8).
· Profit after tax amounted to 679 MSEK (644).
· Earnings per share amounted to 1.97 SEK (1.87).
· Operating cash flow increased to 1,048 MSEK (642).
JANUARY – JUNE 2023
· Sales increased by 8 percent and amounted to 11,717 MSEK (10,827).
· EBIT increased by 17 percent and amounted to 1,891 MSEK (1,611).
· EBIT-margin amounted to 16.1 percent (14.9).
· Profit after tax amounted to 1,347
Read more →AAK’s Interim report for the second quarter 2023: Continued strong performance driven by margin expansion
AAK Group
· Total volumes decreased by 9 percent to 505,000 MT (554,000). Excluding the Russian market, volumes declined by 7 percent.
· Operating profit excluding items affecting comparability, including a positive currency translation impact of SEK 34 million, increased by 41 percent, reaching SEK 880 million (624). At fixed foreign exchange rates, operating profit excluding items affecting comparability increased by 36 percent.
· Profit for the period totaled SEK 615 million (160).
· Earnings per share equaled SEK 2.36 (0.60).
· Cash flow from operating activities
Read more →ASSA ABLOY intends to acquire Evolis in France
ASSA ABLOY intends to, through its subsidiary HID Global SAS (“HID”), and subject to certain customary and regulatory conditions, purchase approximately 98.5 percent of the shares of EVOLIS S.A. (“Evolis” or the “Company”), a Euronext Growth company listed in Paris and a leading French manufacturer of ID card printers and consumables.
HID has entered into (i) a put option agreement with the shareholders of Cedys & Co S.A.S. (“Cedys”) for all of the Cedys’ shares, noting that Cedys owns approximately 84.4 percent of the Evolis shares and voting rights (i.e. 4,407,707 shares) and (ii) a
Read more →Quarterly Report Q2 2023
Strong performance in the second quarter
Second quarter
· Net sales increased by 17% to SEK 34,474 M (29,466), with organic growth of 3% (13) and acquired net growth of 6% (0). Exchange-rates affected sales by 8% (12).
· Very strong organic sales growth in Global Technologies, good growth in the Americas, stable in Entrance Systems, while organic sales declined in Asia Pacific and EMEIA.
· The acquisition of Spectrum Brands’ Hardware and Home improvement division (HHI) was completed in June.
· The divestment of Emtek and Smart Residential business in the U.S. and Canada to
Read more →Invitation to presentation of Hexagon's Interim Report on 26 July
Hexagon will release its Interim Report for the second quarter 2023 on Wednesday, 26 July, at approximately 08:00 CET. President and CEO Paolo Guglielmini will host a live webcast and telephone conference at 10:00 CET.
Webcast:
The webcast will be streamed here (https://edge.media-server.com/mmc/p/nj7v2t26).
Telephone conference:
Anyone interested in participating in the Q&A session following the first quarter Interim Report presentation must register here (https://register.vevent.com/register/BI8e755839997d4c24a15e4c2216f8e5f9).
1. Upon registering, each participant will be
Read more →Hexagon strengthens its mining automation and safety solutions with acquisition of HARD-LINE
Hexagon AB, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the acquisition of HARD-LINE, a fast-growing, global leader in mine automation, remote-control technology and mine production optimisation.
HARD-LINE specialises in remote control solutions and related network infrastructure, enabling the tele-remote operation of heavy machinery from a secure control station on the surface or underground, regardless of distance. HARD-LINE’s scalable technologies improve remote-controlled mining operations via electronic and
Read more →Invitation to the presentation of ASSA ABLOY’s Q2 report on 19 July starting at 09:30am (CEST)
ASSA ABLOY will release its Q2 report 2023 on Wednesday 19 July 2023 at 08:00 am (CEST). A conference call and webcast will be held following the release of the results, starting at 09:30 am (CEST) and continuing until 10:30 am (CEST). The presentation will be hosted by Nico Delvaux, President and CEO, and Erik Pieder, CFO, followed by questions and answers.
Slides used in the presentation will be available shortly after the release of the report on our website.
Enter the conference call and download presentation material at:
assaabloy.com/investors (https://www.assaabloy.com/group/
Read more →Hexagon enhances its additive manufacturing solutions with the acquisition of CADS Additive
Hexagon AB, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, has completed the acquisition of CADS Additive GmbH, a fast-growing provider of specialised software that helps companies prepare designs for metal additive manufacturing (AM).
3D printing complements incumbent technologies by offering manufacturers greater design freedom and the potential to reduce waste and increase flexibility. CADS Additive simplifies the process of 3D printing on powder bed fusion (PBF) machines. The software guides users through the build preparation,
Read more →Invitation to presentation of HEXPOL's interim report Q2 on 19 July
HEXPOL will release the Interim Report for the second quarter 2023 on Wednesday 19 July at about 10:00 CET. The report will be presented by HEXPOL’s President and CEO Georg Brunstam and deputy CEO and CFO Peter Rosén at a web-casted conference call on 19 July at 11:00 CET.
The presentation can be followed on the web or over the phone.
To participate by phone, please use any of the below numbers:
SE: +46 8 505 163 86
UK: +44 20 319 84884
US: +1 412 317 6300
PIN: 6018501#
To participate on the web please use the following link:
https://ir.financialhearings.com/hexpol-q2-2023
Read more →