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Assa Abloy

July 19, 2022

Quarterly Report Q2 2022

Strong growth and profit in turbulent times Second quarter · Net sales increased by 25% to SEK 29,466 M (23,648), with organic growth of 13% (23) and acquired net growth of 0% (5). · Very strong organic growth in Americas and Entrance Systems and strong growth in EMEIA and Global Technologies, but organic sales declined in Asia Pacific. · Three acquisitions with combined annual sales of about SEK 1,100 M were signed in the quarter. · Operating income (EBIT) increased by 23% and amounted to SEK 4,406 M (3,589), corresponding to an operating margin of 15.0% (15.2). · Net

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Schörling acquires 5 870 000 shares in Nibe

Schörling
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2024
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11
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25
On November 22, Märta Schörling Andreen and Sofia Schörling Högberg acquired 2 935 000 Class B shares each in Nibe. Following the acquisition, Märta Schörling Andreen and Sofia Schörling Högberg own approximately 37 million Nibe Class B shares and approximately 34 million Nibe Class A shares each.
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Hexagon accelerates the shift to fully autonomous mines with acquisition of indurad

Hexagon
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2024
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11
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21
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,
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Paragon Systems, Inc. concludes settlement related to U.S. Government investigation

Securitas
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2024
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11
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14
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@
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