STOCKHOLM, April 25, 2025 /PRNewswire/ -- ASSA ABLOY has signed an agreement to acquire Door System, a Danish manufacturer of high-quality fire rated doors with particular expertise in the pharmaceutical, food and retail industries.

"I am very pleased to welcome Door System to ASSA ABLOY. This acquisition delivers on our strategy to add complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY.

"I am delighted that Door System will join the EMEIA Division. Their strong expertise in high-quality fire rated doors aligns well to our door segment vision, providing exceptional combined fire-rated, freezer and hygienic door solutions across industries through focus on innovation and excellence. We welcome the team at Door System to the ASSA ABLOY family," says Neil Vann, Executive Vice President of ASSA ABLOY and Head of EMEIA Division.

STOCKHOLM, April 25, 2025 /PRNewswire/ -- ASSA ABLOY has signed an agreement to acquire Door System, a Danish manufacturer of high-quality fire rated doors with particular expertise in the pharmaceutical, food and retail industries.

"I am very pleased to welcome Door System to ASSA ABLOY. This acquisition delivers on our strategy to add complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY.

"I am delighted that Door System will join the EMEIA Division. Their strong expertise in high-quality fire rated doors aligns well to our door segment vision, providing exceptional combined fire-rated, freezer and hygienic door solutions across industries through focus on innovation and excellence. We welcome the team at Door System to the ASSA ABLOY family," says Neil Vann, Executive Vice President of ASSA ABLOY and Head of EMEIA Division.

STOCKHOLM, April 23, 2025 /PRNewswire/ -- The Annual General Meeting of ASSA ABLOY AB was held on Wednesday 23 April 2025 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 2024. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2024.

Dividend 

The Annual General Meeting approved the dividend of SEK 5.90 per share proposed by the Board of Directors, to be paid out in two equal installments, the first with the record date Friday 25 April 2025 and the second with the record date Tuesday 11 November 2025. The first installment is estimated to be paid on Wednesday 30 April 2025 and the second installment on Friday 14 November 2025.

STOCKHOLM, April 23, 2025 /PRNewswire/ -- The Annual General Meeting of ASSA ABLOY AB was held on Wednesday 23 April 2025 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 2024. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2024.

Dividend 

The Annual General Meeting approved the dividend of SEK 5.90 per share proposed by the Board of Directors, to be paid out in two equal installments, the first with the record date Friday 25 April 2025 and the second with the record date Tuesday 11 November 2025. The first installment is estimated to be paid on Wednesday 30 April 2025 and the second installment on Friday 14 November 2025.

STOCKHOLM, April 23, 2025 /PRNewswire/ --

Strong performance in challenging market conditions

First quarter

Net sales increased by 8% to SEK 37,940 M (35,200), with organic growth of 2% (–2) and acquired net growth of 5% (11). Exchange rates affected sales by 1% (0).Organic sales growth was strong in Global Technologies, good in Americas, stable in EMEIA and Entrance Systems, while organic sales declined in Asia Pacific.  Six acquisitions with combined annual sales of about SEK 3,600 M were completed in the quarter. Divestment of the majority of Citizen ID was completed.     A new Manufacturing Footprint Program was launched during the quarter. The expected restructuring cost for the new program is SEK 1,332 M, with a pay-back time, including capital expenditure, of less than two years.        Operating income1 (EBITA) increased by 5% to SEK 6,051 M (5,740) with an operating margin of 15.9% (16.3).Operating income1 (EBIT) increased by 4% and amounted to SEK 5,645 M (5,427), with an operating margin of 14.9% (15.4).Net income1 amounted to SEK 3,551 M (3,462). Earnings per share1 amounted to SEK 3.20 (3.12).Operating cash flow amounted to SEK 2,424 M (3,096).

STOCKHOLM, April 23, 2025 /PRNewswire/ --

Strong performance in challenging market conditions

First quarter

Net sales increased by 8% to SEK 37,940 M (35,200), with organic growth of 2% (–2) and acquired net growth of 5% (11). Exchange rates affected sales by 1% (0).Organic sales growth was strong in Global Technologies, good in Americas, stable in EMEIA and Entrance Systems, while organic sales declined in Asia Pacific.  Six acquisitions with combined annual sales of about SEK 3,600 M were completed in the quarter. Divestment of the majority of Citizen ID was completed.     A new Manufacturing Footprint Program was launched during the quarter. The expected restructuring cost for the new program is SEK 1,332 M, with a pay-back time, including capital expenditure, of less than two years.        Operating income1 (EBITA) increased by 5% to SEK 6,051 M (5,740) with an operating margin of 15.9% (16.3).Operating income1 (EBIT) increased by 4% and amounted to SEK 5,645 M (5,427), with an operating margin of 14.9% (15.4).Net income1 amounted to SEK 3,551 M (3,462). Earnings per share1 amounted to SEK 3.20 (3.12).Operating cash flow amounted to SEK 2,424 M (3,096).

STOCKHOLM, April 17, 2025 /PRNewswire/ -- ASSA ABLOY has acquired Pedestal PRO, a US manufacturer of access control pedestals, bollards, and innovative mounting solutions.

"I am very pleased to welcome Pedestal PRO into the ASSA ABLOY Group. 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.

"Pedestal PRO is an established innovator that seamlessly integrates design, architectural elements, and access control technology, and I am excited for them to be part of ASSA ABLOY," says Lucas Boselli, Executive Vice President of ASSA ABLOY and Head of the Americas Division. "Their product portfolio enhances our offering for electromechanical solutions and solidifies our position as a go-to partner for access control equipment manufacturers, system integrators, and security professionals."

STOCKHOLM, April 17, 2025 /PRNewswire/ -- ASSA ABLOY has acquired Pedestal PRO, a US manufacturer of access control pedestals, bollards, and innovative mounting solutions.

"I am very pleased to welcome Pedestal PRO into the ASSA ABLOY Group. 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.

"Pedestal PRO is an established innovator that seamlessly integrates design, architectural elements, and access control technology, and I am excited for them to be part of ASSA ABLOY," says Lucas Boselli, Executive Vice President of ASSA ABLOY and Head of the Americas Division. "Their product portfolio enhances our offering for electromechanical solutions and solidifies our position as a go-to partner for access control equipment manufacturers, system integrators, and security professionals."

STOCKHOLM, April 4, 2025 /PRNewswire/ --  ASSA ABLOY will release its Q1 2025 report on Wednesday 23 April 2025 at 08:00 am (CEST). A conference call and webcast will be held following the release of the results, starting at 09:00 am (CEST) and continuing until 10:00 am (CEST). The presentation will be hosted by Nico Delvaux, President & CEO, and Erik Pieder, CFO, followed by questions and answers.

Slides used during the presentation will be available on our website shortly after the release of the report.

STOCKHOLM, April 4, 2025 /PRNewswire/ --  ASSA ABLOY will release its Q1 2025 report on Wednesday 23 April 2025 at 08:00 am (CEST). A conference call and webcast will be held following the release of the results, starting at 09:00 am (CEST) and continuing until 10:00 am (CEST). The presentation will be hosted by Nico Delvaux, President & CEO, and Erik Pieder, CFO, followed by questions and answers.

Slides used during the presentation will be available on our website shortly after the release of the report.