Quarterly Report Q2 2023
Strong performance in the second quarter
Second quarter
· Net sales increased by 17% to SEK 34,474 M (29,466), with organic growth of 3% (13) and acquired net growth of 6% (0). Exchange-rates affected sales by 8% (12).
· Very strong organic sales growth in Global Technologies, good growth in the Americas, stable in Entrance Systems, while organic sales declined in Asia Pacific and EMEIA.
· The acquisition of Spectrum Brands’ Hardware and Home improvement division (HHI) was completed in June.
· The divestment of Emtek and Smart Residential business in the U.S. and Canada to
Read more →Invitation to presentation of Hexagon's Interim Report on 26 July
Hexagon will release its Interim Report for the second quarter 2023 on Wednesday, 26 July, at approximately 08:00 CET. President and CEO Paolo Guglielmini will host a live webcast and telephone conference at 10:00 CET.
Webcast:
The webcast will be streamed here (https://edge.media-server.com/mmc/p/nj7v2t26).
Telephone conference:
Anyone interested in participating in the Q&A session following the first quarter Interim Report presentation must register here (https://register.vevent.com/register/BI8e755839997d4c24a15e4c2216f8e5f9).
1. Upon registering, each participant will be
Read more →Hexagon strengthens its mining automation and safety solutions with acquisition of HARD-LINE
Hexagon AB, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the acquisition of HARD-LINE, a fast-growing, global leader in mine automation, remote-control technology and mine production optimisation.
HARD-LINE specialises in remote control solutions and related network infrastructure, enabling the tele-remote operation of heavy machinery from a secure control station on the surface or underground, regardless of distance. HARD-LINE’s scalable technologies improve remote-controlled mining operations via electronic and
Read more →Invitation to the presentation of ASSA ABLOY’s Q2 report on 19 July starting at 09:30am (CEST)
ASSA ABLOY will release its Q2 report 2023 on Wednesday 19 July 2023 at 08:00 am (CEST). A conference call and webcast will be held following the release of the results, starting at 09:30 am (CEST) and continuing until 10:30 am (CEST). The presentation will be hosted by Nico Delvaux, President and CEO, and Erik Pieder, CFO, followed by questions and answers.
Slides used in the presentation will be available shortly after the release of the report on our website.
Enter the conference call and download presentation material at:
assaabloy.com/investors (https://www.assaabloy.com/group/
Read more →Hexagon enhances its additive manufacturing solutions with the acquisition of CADS Additive
Hexagon AB, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, has completed the acquisition of CADS Additive GmbH, a fast-growing provider of specialised software that helps companies prepare designs for metal additive manufacturing (AM).
3D printing complements incumbent technologies by offering manufacturers greater design freedom and the potential to reduce waste and increase flexibility. CADS Additive simplifies the process of 3D printing on powder bed fusion (PBF) machines. The software guides users through the build preparation,
Read more →Invitation to presentation of HEXPOL's interim report Q2 on 19 July
HEXPOL will release the Interim Report for the second quarter 2023 on Wednesday 19 July at about 10:00 CET. The report will be presented by HEXPOL’s President and CEO Georg Brunstam and deputy CEO and CFO Peter Rosén at a web-casted conference call on 19 July at 11:00 CET.
The presentation can be followed on the web or over the phone.
To participate by phone, please use any of the below numbers:
SE: +46 8 505 163 86
UK: +44 20 319 84884
US: +1 412 317 6300
PIN: 6018501#
To participate on the web please use the following link:
https://ir.financialhearings.com/hexpol-q2-2023
Read more →ASSA ABLOY reports one-off costs of SEK 2.2bn in the Global Technologies Division
ASSA ABLOY reports one-off non-cash costs of SEK 2.2bn in the second quarter of 2023 in its Global Technologies Division, primarily related to the Citizen ID business. These one-off costs are attributable to impairment of goodwill and other intangible assets.
"The impairment in Citizen ID reflects the continued long term challenging situation since the pandemic with significantly lower volumes, mainly in the passport business. We will continue with actions to improve the profitability of Citizen ID”, says Nico Delvaux, President and CEO of ASSA ABLOY.
For more information, please
Read more →ASSA ABLOY´s acquisition of HHI and the divestment of Emtek and the Smart Residential business in the U.S. and Canada have been completed
Today, ASSA ABLOY has completed the acquisition of Spectrum Brands’ Hardware and Home Improvement division (“HHI”) and the divestment of Emtek and the Smart Residential business in the U.S. and Canada to Fortune Brands.
"HHI is an excellent addition to ASSA ABLOY, complementing our existing business in terms of product offering and geographic scope, and I am delighted to welcome HHI and all its employees to ASSA ABLOY,” says Nico Delvaux, President and CEO of ASSA ABLOY. “I am also pleased that employees and customers of our divested businesses will be in good hands, and I wish them
Read more →Invitation to presentation of AAK's second quarter results
In connection with the release of AAK’s Interim report for the second quarter of 2023, we invite investors and analysts to a conference call on July 19, 2023, at 10 a.m. CET. The conference will be chaired by Johan Westman, President and CEO, and Tomas Bergendahl, CFO.
The presentation can be followed via teleconference or webcast. If you wish to ask questions verbally, please use the teleconference alternative.
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To participate via teleconference, please register at the following link. (https://conference.financialhearings.com/teleconference/?id=2001160)
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To follow the
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