Resolutions at the Annual General Meeting 2020
The Annual General Meeting of ASSA ABLOY AB was held on Wednesday 29 April 2020 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. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2019.
Dividend
The Annual General Meeting approved the dividend of SEK 2.00 per share proposed by the Board of Directors. The record date for the dividend was set to Monday 4 May 2020
Read more →Securitas AB to publish the interim report on Thursday, May 7, 2020
Securitas AB will publish the interim report for January-March 2020 on Thursday, May 7, at app 1.00 p.m. (CET).
1.00 p.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.
1.30 p.m. (CET) Presentation slides available
For presentation slides, follow the link www.securitas.com/presentations
2.00 p.m. (CET) Telephone conference and audio cast
Analysts and media are invited to participate in a telephone conference at 2.00 p.m. (CET) where Securitas President and CEO
Read more →Hexagon announces cost saving measures
In the light of the COVID-19 pandemic, Hexagon has initiated measures to accelerate operational efficiencies to support its long-term financial objectives.
In the short-term, Hexagon has implemented various actions that include shorter work weeks, furloughs and reductions in discretionary spending. As a long-term measure, a company-wide cost savings programme has been initiated which includes structural changes – from reallocating resources to new business opportunities to optimising office locations worldwide – and work force reductions that reflect more enduring changes in market
Read more →Hexagon Interim Report 1 January - 31 March 2020
First quarter 2020
- Net sales decreased by -3 per cent to 889.9 MEUR (916.5). Using fixed exchange rates and a comparable group structure (organic growth), net sales decreased by -7 per cent
- Operating earnings (EBIT1) decreased by -13 per cent to 192.4 MEUR (220.5)
- Earnings before taxes, excluding non-recurring items, amounted to 186.6 MEUR (212.9)
- Net earnings, excluding non-recurring items, amounted to 153.0 MEUR (174.6)
- Earnings per share, excluding non-recurring items, amounted to 0.41 EUR (0.48)
- Operating cash flow increased to 136.9 MEUR (96.3)
For
Read more →Quarterly Report Q1 2020
Results impacted by Covid-19
First quarter
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Net sales increased by 3% to SEK 22,173 M (21,505), with organic growth of –3% (5) and acquired net growth of 3% (3)
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Growth in Americas, stable sales levels in Global Technologies and Entrance Systems, but lower sales in Asia Pacific and EMEA
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Two acquisitions signed with expected combined annual sales of SEK 200 M
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Conditional clearance has been received from the EU Commission to acquire the 54% shareholding in agta record. Closing of the Acquisition is expected in the second half of 2020
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Operating income (
Read more →Securitas AB withdraws the dividend proposal, revises proposals to the AGM and voting procedures due to the COVID-19 situation
The Board of Directors of Securitas AB has decided to withdraw its dividend proposal for the AGM 2020 due to the uncertainty caused by the COVID-19 situation and may consider later to resolve on a new dividend proposal. Furthermore, the Securitas AB Nomination Committee has decided to withdraw its proposal for increased board fees and has instead proposed that the AGM resolves that the current board fees remain unchanged this year. The Board has also decided that shareholders who choose to not physically attend the meeting may exercise their voting rights at the meeting by voting in advance
Read more →Annual general meeting of HEXPOL AB
At today’s Annual General Meeting 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 Georg Brunstam, Alf Göransson, Jan- Anders Månson, Malin Persson, Kerstin Lindell, Märta Schörling Andreen and Gun Nilsson. Georg Brunstam was elected Chairman of the Board. The fees to the Board of Directors shall amount to a total of SEK 3,890,000 (including fees for committee work).
Re-election of the accounting firm Ernst & Young AB, for a period of mandate of one year, consequently up to and
Read more →Interim report January - March 2020
HIGHLIGHTS JANUARY-MARCH 2020:
Increased sales and strong cash flow
· Sales increased 10 percent to 4,168 MSEK (3,805).
· Operating profit, excl. non-recurring items, increased to 587 MSEK (586).
· Operating margin, excl. non-recurring items, amounted to 14.1 percent (15.4).
· Profit after tax amounted to 405 MSEK (438).
· Earnings per share, excl. non-recurring items, increased 2 percent to 1.29 SEK (1.27). Earnings per share including these items amounted to 1.18 SEK (1.27).
· Operating cash flow increased to 527 MSEK (354).
· Non-recurring items, before tax,
Read more →AAK’s Interim report for the first quarter 2020 – continued profit growth in a volatile market
AAK Group
· Total volumes for the quarter decreased by 1 percent (positive 4), amounting to 569,000 MT (572,000).
· Operating profit, excluding acquisition costs of SEK 4 million (9), reached SEK 546 million (509), a year-over-year improvement by 7 percent. Including acquisition costs, operating profit increased by 8 percent. The currency translation impact was positive SEK 17 million.
· Profit for the period amounted to SEK 383 million (352), an improvement by 9 percent.
· Earnings per share increased by 11 percent, to SEK 1.50 (1.35).
· Cash flow from operating
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