Assa Abloy AB (B)
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STOCKHOLM, Nov. 12, 2024 /PRNewswire/ -- ASSA ABLOY has acquired IXLA, an Italian Manufacturer of advanced laser and color personalization systems for cards and passports.
"I am very pleased to welcome the IXLA team into the ASSA ABLOY Group. IXLA is an interesting technological addition to the ASSA ABLOY Group and will increase our presence in the government card personalization equipment space and provides complementary growth opportunities," says Nico Delvaux, President and CEO of ASSA ABLOY.
STOCKHOLM, Nov. 12, 2024 /PRNewswire/ -- ASSA ABLOY has acquired IXLA, an Italian Manufacturer of advanced laser and color personalization systems for cards and passports.
"I am very pleased to welcome the IXLA team into the ASSA ABLOY Group. IXLA is an interesting technological addition to the ASSA ABLOY Group and will increase our presence in the government card personalization equipment space and provides complementary growth opportunities," says Nico Delvaux, President and CEO of ASSA ABLOY.
Record operating profit
STOCKHOLM, Oct. 23, 2024 /PRNewswire/ --
Third quarter
Net sales increased by 1% to SEK 37,418 M (36,881), with positive organic growth of 0% (1) and acquired net growth of 4% (11). Exchange- rates affected sales by –3% (4).Organic sales growth was good in Americas and Global Technologies, stable in EMEIA, while organic sales declined in Entrance Systems and Asia Pacific.Seven acquisitions with combined annual sales of about SEK 4 billion were completed in the quarter.Operating income[1] (EBIT) increased by 8% and amounted to SEK 6,255 M (5,777), with an operating margin of 16.7% (15.7).Net income1 amounted to SEK 4,033 M (3,656).Earnings per share1 amounted to SEK 3.63 (3.31).Operating cash flow amounted to SEK 6,341 M (7,177).Record operating profit
STOCKHOLM, Oct. 23, 2024 /PRNewswire/ --
Third quarter
Net sales increased by 1% to SEK 37,418 M (36,881), with positive organic growth of 0% (1) and acquired net growth of 4% (11). Exchange- rates affected sales by –3% (4).Organic sales growth was good in Americas and Global Technologies, stable in EMEIA, while organic sales declined in Entrance Systems and Asia Pacific.Seven acquisitions with combined annual sales of about SEK 4 billion were completed in the quarter.Operating income[1] (EBIT) increased by 8% and amounted to SEK 6,255 M (5,777), with an operating margin of 16.7% (15.7).Net income1 amounted to SEK 4,033 M (3,656).Earnings per share1 amounted to SEK 3.63 (3.31).Operating cash flow amounted to SEK 6,341 M (7,177).STOCKHOLM, Oct. 18, 2024 /PRNewswire/ -- ASSA ABLOY has signed an agreement to sell its Citizen ID business to TOPPAN.
The Citizen ID business area of HID manufactures, designs, and implements physical and mobile identity solutions for government to citizen programs around the globe. Citizen ID has some 450 employees with manufacturing facilities in Ireland, Malta and the US. Sales in 2023 amounted to about SEK 1,300 M.
"I find it very satisfying that with TOPPAN, Citizen ID and its employees and customers get a committed long-term owner, creating new opportunities for the future and I wish them every success," says Nico Delvaux, President and CEO of ASSA ABLOY.
STOCKHOLM, Oct. 18, 2024 /PRNewswire/ -- ASSA ABLOY has signed an agreement to sell its Citizen ID business to TOPPAN.
The Citizen ID business area of HID manufactures, designs, and implements physical and mobile identity solutions for government to citizen programs around the globe. Citizen ID has some 450 employees with manufacturing facilities in Ireland, Malta and the US. Sales in 2023 amounted to about SEK 1,300 M.
"I find it very satisfying that with TOPPAN, Citizen ID and its employees and customers get a committed long-term owner, creating new opportunities for the future and I wish them every success," says Nico Delvaux, President and CEO of ASSA ABLOY.
STOCKHOLM, Oct. 11, 2024 /PRNewswire/ -- The following representatives of ASSA ABLOY AB's shareholders will be members of the Nomination Committee for the 2025 Annual General Meeting:
- Johan Menckel, Investment AB Latour, Chairman of the Nomination Committee
- Mikael Ekdahl, Melker Schörling AB
- Marianne Nilsson, Swedbank Robur Fonder
- Yvonne Sörberg, Handelsbanken Fonder
- Carina Silberg, Alecta
The Chairman of the Board, Johan Hjertonsson, has been co-opted to the Nomination Committee.
The Nomination Committee shall prepare proposals for the Annual General Meeting in 2025 regarding the election of Chairman of the General Meeting, members of the Board of Directors, Chairman of the Board, Vice Chairman of the Board, auditor, fees for the members of the Board including division between the Chairman, the Vice Chairman and the other Board members as well as fees for committee work, fees to the company's auditor and, if necessary, changes to the instructions for the Nomination Committee.
STOCKHOLM, Oct. 11, 2024 /PRNewswire/ -- The following representatives of ASSA ABLOY AB's shareholders will be members of the Nomination Committee for the 2025 Annual General Meeting:
- Johan Menckel, Investment AB Latour, Chairman of the Nomination Committee
- Mikael Ekdahl, Melker Schörling AB
- Marianne Nilsson, Swedbank Robur Fonder
- Yvonne Sörberg, Handelsbanken Fonder
- Carina Silberg, Alecta
The Chairman of the Board, Johan Hjertonsson, has been co-opted to the Nomination Committee.
The Nomination Committee shall prepare proposals for the Annual General Meeting in 2025 regarding the election of Chairman of the General Meeting, members of the Board of Directors, Chairman of the Board, Vice Chairman of the Board, auditor, fees for the members of the Board including division between the Chairman, the Vice Chairman and the other Board members as well as fees for committee work, fees to the company's auditor and, if necessary, changes to the instructions for the Nomination Committee.
STOCKHOLM, Oct. 1, 2024 /PRNewswire/ -- ASSA ABLOY will release its Q3 report 2024 on Wednesday 23 October 2024 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 shortly after the release of the report on our website.
STOCKHOLM, Oct. 1, 2024 /PRNewswire/ -- ASSA ABLOY will release its Q3 report 2024 on Wednesday 23 October 2024 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 shortly after the release of the report on our website.
