ASSA ABLOY acquires LifeSafety Power in the US
ASSA ABLOY has acquired LifeSafety Power, a leading US supplier of smart integrated access control power solutions for OEMs, integrators and end-users.
"I am very pleased to welcome LifeSafety Power into the ASSA ABLOY Group. LifeSafety Power constitutes a strategic addition to the Group and reinforces our position in access control solutions,” says Nico Delvaux, President and CEO of ASSA ABLOY.
"LifeSafety Power is a great complement to our access control portfolio – we are looking forward to incorporating their knowledge of power supply as well as power consumption throughout our
Read more →Hexagon announces change to group management
Hexagon AB, a global leader in digital solutions, today announced that Johnny Andersson has resigned from his position as General Counsel to pursue other opportunities outside of Hexagon.
"I want to thank Johnny for his contributions to Hexagon over the years and wish him success in his next endeavor," said Ola Rollén (http://www.twitter.com/olarollen), Hexagon President and CEO.
Anthony Zana has been appointed General Counsel. Before joining Hexagon in 2008, Zana practiced at a nationally recognized law firm in the United States and served as a federal court law clerk. Zana holds a
Read more →SECURITAS AB INTERIM REPORT January–June 2019
APRIL–JUNE 2019
• Total sales MSEK 27 684 (25 466)
• Organic sales growth 5 percent (7)
• Operating income before amortization MSEK 1 377 (1 286)
• Operating margin 5.0 percent (5.0)
• Items affecting comparability (IAC) MSEK –46 (0), relating to IS/IT transformation programs
• Earnings per share SEK 2.18 (2.28)
• Earnings per share, before IAC, SEK 2.27 (2.28)
JANUARY–JUNE 2019
• Total sales MSEK 54 428 (48 822)
• Organic sales growth 6 percent (7)
• Operating income before amortization MSEK 2 667 (2 377)
• Operating margin 4.9 percent (4.9)
• Items affecting comparability (
Read more →Hexagon Interim Report 1 January - 30 June 2019
Second quarter 2019
- Net sales increased by 4 per cent to 976.0 MEUR (936.9). Using fixed exchange rates and a comparable group structure (organic growth), net sales decreased by -1 per cent
- Operating earnings (EBIT1) increased by 5 per cent to 239.2 MEUR (228.2)
- Earnings before taxes, excluding non-recurring items, amounted to 232.3 MEUR (222.8)
- Net earnings, excluding non-recurring items, amounted to 190.5 MEUR (182.7)
- Earnings per share, excluding non-recurring items, increased by 4 per cent to 0.52 EUR (0.50)
- Operating cash flow, excluding non-recurring items, increased
Read more →Securitas AB to publish the interim report on Wednesday, July 31, 2019
Securitas AB will publish the interim report for January-June 2019 on Wednesday, July 31, at app. 1.00 p.m. (CEST).
App. 1.00 p.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.
1.30 p.m. (CEST) Presentation slides available
For presentation slides, follow the link www.securitas.com/presentations
2.30 p.m. (CEST) Telephone conference and audio cast
Analysts and media are invited to participate in a telephone conference at 2.30 p.m. (CEST) where Securitas President
Read more →Half-year report January-June 2019
Second quarter 2019 – Increased sales and strategic acquisition
· Sales increased 6 per cent to 3,685 MSEK (3,461).
· EBITA amounted to 566 MSEK (568).
· EBITA margin amounted to 15.4 per cent (16.4).
· Operating profit amounted to 551 MSEK (561).
· Operating margin amounted to 15.0 per cent (16.2).
· Profit after tax amounted to 413 MSEK (426).
· Earnings per share amounted to 1.20 SEK (1.24).
· Operating cash flow increased to 709 MSEK (522).
· July 1st Preferred Compounding, a notable Rubber Compounder in North America, was acquired.
First half of 2019 –
Read more →Good growth and improved operating margin
Second quarter
· Net sales increased by 11% to SEK 23,544 M (21,140), with organic growth of 3% (5) and acquired net growth of 4% (2)
· Strong growth in Americas and Global Technologies, good growth in EMEA and Asia Pacific and growth in Entrance Systems
· Three acquisitions signed with combined expected annual sales of about SEK 800 M
· Operating income (EBIT)[1] increased by 28% and amounted to SEK 3,733 M (2,911), corresponding to an operating margin of 15.9% (13.8)
· Net income[1] amounted to SEK 2,562 M (2,049)
· Earnings per share[1] amounted to SEK 2.31 (1.84)
·
Read more →Securitas acquires risk management assets in the US
Securitas subsidiary Securitas Critical Infrastructure Services, Inc (SCIS), under the independent direction of its Board, has entered into an agreement to acquire certain inspection and background investigations assets of MSM Security Services LLC. The purchase price is approximately MUSD 11 (MSEK 102), contingent upon reaching certain business development targets.
Securitas Critical Infrastructure Services, Inc is an independent US subsidiary of Securitas AB, which specializes in providing a wide range of security services to federal agencies, aerospace and defense contractors, and
Read more →Invitation to presentation of Hexagon's Interim Report on 26 July
Hexagon will release its Interim Report for the second quarter 2019 on Friday 26 July at 08:00 CET. A combined telephone conference and live webcast (in English) concerning the report will be presented by President and CEO Ola Rollén on the same day at 10:00 CET.
Please call +46 (0)8 5664 2651 (SWE), +44 (0)333 300 0804 (UK) or +1 631 913 1422 (US) (code: 34555664) to participate or go to the website (hexagon.com (https://investors.hexagon.com/)) to access the webcast.
The presentation material will also be available for viewing on the Company’s website on-demand.
For further information
Read more →