Decisions at Securitas’ Annual General Meeting 2024
Securitas AB (publ) held an Annual General Meeting (AGM) today, May 8, 2024, in Stockholm.
Appropriation of profit and discharge from liability
The Annual General Meeting adopted the Statement of Income and the Balance Sheet for the Parent Company as well as the Consolidated Statement of Income and the Consolidated Balance Sheet as per December 31, 2023. In accordance with the proposal of the Board, the AGM resolved to pay a dividend of SEK 3.80 per share, to be distributed to the shareholders in two payments of SEK 1.90 per share, respectively. Record date is May 13, 2024, for the first
Read more →Securitas AB Interim Report Q1 2024 January–March
January–March 2024
· Total sales MSEK 39 260 (37 751)
· Organic sales growth 7 percent (12)
· Real sales growth within technology and solutions 7 percent (77)
· Operating income before amortization MSEK 2 357 (2 180)
· Operating margin 6.0 percent (5.8)
· Earnings per share SEK 1.84 (1.66)
· Earnings per share before IAC, SEK 2.12 (2.03)
· Net debt/EBITDA ratio 2.9 (3.3*)
· Cash flow from operating activities –15 percent (9)
* The comparative is adjusted and includes STANLEY Security’s 12 months adjusted estimated EBITDA.
Comments from the President and
Read more →Annual General Meeting in Hexagon AB
At the Annual General Meeting in Hexagon AB (publ) today, the following was resolved.
Election of Board of Directors and auditor
The AGM re-elected the Directors Ola Rollén, Gun Nilsson, John Brandon, Sofia Schörling Högberg, Märta Schörling Andreen, Brett Watson and Erik Huggers and elected Annika Falkengren and Ralph Haupter as ordinary board members. Ola Rollén was re-elected Chairman of the Board.
Remuneration to the Directors shall be allocated with SEK 2,350,000 to the Chairman and SEK 740,000 to each of the other Directors elected by the AGM and not employed by the company. The
Read more →Securitas AB to publish the Interim Report January-March 2024 on May 8, 2024
Securitas AB will publish the Interim Report January-March 2024 on Wednesday May 8, 2024, at 8.00 a.m. (CEST).
8.00 a.m. (CEST) 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. (CEST) Presentation slides available
For presentation slides, follow the link
www.securitas.com/en/investors/financial-reports-and-presentations
9.30 a.m. (CEST) Telephone conference and audio cast
Analysts and media are invited to participate in a telephone conference at 9.30 a.m.
Read more →Annual General Meeting of HEXPOL AB
At today’s Annual General Meeting (AGM) of HEXPOL AB (publ), the following was resolved.
Board of Directors, auditor and fees
The number of directors will be seven. The meeting re-elected Alf Göransson, Jan‑Anders E. Månson, Malin Persson, Kerstin Lindell, Märta Schörling Andreen, Nils-Johan Andersson and Henrik Elmin, as ordinary Board Members. Alf Göransson was re-elected Chairman of the Board. The fees to the Board of Directors shall amount to a total of SEK 4,875,000 (including fees for committee work).
The meeting re-elected the authorised public accountants Joakim Falck and
Read more →Interim report January - March 2024
JANUARY – MARCH 2024
· Sales amounted to 5,312 MSEK (5,990).
· EBIT amounted to 905 MSEK (946).
· EBIT-margin increased to 17.0 percent (15.8).
· Profit after tax amounted to 654 MSEK (668).
· Earnings per share amounted to 1.90 SEK (1.94).
· Operating cash flow amounted to 112 MSEK (593).
“We deliver a first quarter in 2024 with good profitability and high margins. In the quarter, sales amounted to 5,312 MSEK (5,990) and EBIT amounted to 905 MSEK (946). At the same time we strengthened the EBIT margin to 17.0 percent (15.8) driven by better product and price mix and
Read more →Hexagon Interim Report 1 January - 31 March 2024
First quarter 2024
• 3 per cent organic revenue growth (using fixed exchange rates and a comparable group structure)
• Net sales increased by 1 per cent to 1,299.9 MEUR (1,286.6)
• Net sales including the reduction of acquired deferred revenue amounted to 1,299.9 MEUR (1,285.1)
• Adjusted gross margin of 66.5 per cent (66.5)
• Adjusted operating earnings (EBIT1) increased by 1 per cent to 376.5 MEUR (371.2)
• Adjusted operating margin amounted to 29.0 per cent (28.9)
• Earnings per share, excluding adjustments, amounted to 10.1 Euro cent (10.4)
• Earnings per share, including
Read more →Resolutions at ASSA ABLOY AB’s Annual General Meeting 24 April 2024
The Annual General Meeting of ASSA ABLOY AB was held on Wednesday 24 April 2024 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 2023. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2023.
Dividend
The Annual General Meeting approved the dividend of SEK 5.40 per share proposed by the Board of Directors, to be paid out in two equal installments,
Read more →Quarterly Report Q1 2024
Strong execution in a challenging market
First quarter
· Net sales increased by 9% to SEK 35,200 M (32,391), with organic growth of –2% (8) and acquired net growth of 11% (5). Exchange- rates affected sales by 0% (9).
· Organic sales growth was stable in Entrance Systems, but declined in Americas, Asia Pacific, EMEIA and in Global Technologies.
· Three acquisitions with combined annual sales of about SEK 2,000 M were completed in the quarter. The divestment of PACA in France was finalized.
· Operating income[1] (EBIT) increased by 5% and amounted to SEK 5,427 M (5,186),
Read more →