Assa Abloy

July 17, 2024

Quarterly Report Q2 2024

Strong performance Second quarter · Net sales increased by 10% to SEK 37,968 M (34,474), with organic growth of –1% (3) and acquired net growth of 11% (6). Exchange- rates affected sales by 0% (8). · Organic sales growth was good in Americas and EMEIA, stable in Entrance Systems, but declined in Asia Pacific and Global Technologies. · Eight acquisitions with combined annual sales of about SEK 1,000 M were completed in the quarter. · Operating income1 (EBIT) increased by 11% and amounted to SEK 6,085 M (5,500), with an operating margin of 16.0% (16.0). · Net income1[ ]

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ASSA ABLOY acquires Sentinel Dock & Door in Canada

Assa Abloy
 — 
2026
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06
.
02
ASSA ABLOY has acquired Sentinel Dock & Door (“Sentinel”), a commercial dock and door service company based in Canada. "I am very pleased to welcome Sentinel to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY. "The acquisition of Sentinel significantly strengthens our direct channel presence, including service, and broadens our footprint across Canada. With their strong, service-oriented business and well-
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NIBE to acquire the business of Italian Beltrami Felice S.r.l. as a going concern

Nibe
 — 
2026
.
05
.
28
NIBE Industrier AB (publ) has entered into an agreement to acquire the business of Italian Beltrami Felice S.r.l. as a going concern through an asset purchase transaction.
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Commercial Kitchen wins major order in South Korea

Absolent
 — 
2026
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05
.
27
Commercial Kitchen business area, part of Absolent Air Care Group, has won its largest order to date in the South Korean market, covering 200 AirMaid® units. The order will suppo...
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