ASSA ABLOY invests in Paravision in the US
ASSA ABLOY has invested in Paravision, a leading provider of advanced facial recognition solutions and recognized for its world-class leadership in accuracy.
"The investment in Paravision is a strategic technological investment for the ASSA ABLOY Group and will accelerate the development of biometric solutions that leverage facial recognition algorithms and provide complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY.
“In partnership, HID and Paravision have already cooperated on projects and we look forward to further advancing our collaboration
Read more →Annual General Meeting of AAK AB
At the Annual General Meeting of AAK AB (publ.) on May 7, 2021 the following was resolved.
Board of Directors, auditor and fees
The number of directors will be five. The Meeting re-elected Märta Schörling Andreen, Marianne Kirkegaard, Gun Nilsson, Georg Brunstam and Patrik Andersson as directors. Bengt Baron has declined re-election. Georg Brunstam was re-elected as Chairman of the Board. The fees to the Board of Directors shall amount to a total of SEK 3,095,000 (including fees for committee work).
The Meeting elected the accounting firm KPMG AB, for a period of mandate of one year,
Read more →Record date for share split in Hexagon AB determined
The Annual General Meeting in Hexagon AB (publ) held on 29 April 2021 resolved on a share split 7:1 of the company’s shares so that each existing share, irrespective of series, is divided into seven shares of the same series. The Board of Directors was authorized to decide on the record date for the split.
The Board of Directors has determined that the record date for the share split will be 20 May 2021.
The last day of trade in the Hexagon share prior to the split is 18 May 2021. The first day of trade in the Hexagon share after the split is 19 May 2021. This means that the share price
Read more →Decisions at Securitas’ Annual General Meeting 2021
Securitas AB (publ) held an Annual General Meeting (AGM) today, on May 5, 2021.
In order to reduce the risk of spreading the coronavirus and to comply with regulations and general guidelines issued by the authorities, the AGM was, in accordance with temporary legislation, held only by postal voting.
Appropriation of profit and discharge from liability
The Annual General Meeting adopted the Statement of Income and the Balance Sheet for the Parent Company as well as the Consolidated Statement of Income and the Consolidated Balance Sheet as per December 31, 2020. In accordance with
Read more →Securitas AB Interim Report January–March 2021
· Total sales MSEK 25 814 (28 420)
· Organic sales growth 0 percent (2)
· Operating income before amortization MSEK 1 256 (1 086)
· Operating margin 4.9 percent (3.8)
· Items affecting comparability (IAC) MSEK –136 (–45), relating to transformation programs and the cost-savings program in the Group
· Earnings per share SEK 1.86 (1.61)
· Earnings per share, before IAC, SEK 2.11 (1.70)
· Net debt/EBITDA 2.1 (2.4)
· Cash flow from operating activities 102 percent (34)
Comments from the President and CEO
“A good start to the year while continuing the
Read more →Utilization of authorization in Hexagon AB to repurchase own shares due to incentive programme
The Board of Directors of Hexagon AB (publ) has resolved, pursuant to the authorization granted by the Annual General Meeting held on 29 April 2021, to acquire the company’s own shares of Series B on Nasdaq Stockholm. The purpose of the repurchase is to ensure Hexagon’s undertakings in respect of Share Programme 2021/2024 (other than delivery of shares to participants in the incentive programme), including covering social security costs.
Acquisition may be made of maximum 850,000 Series B shares (before the share split resolved upon by the Annual General Meeting). After the share split 7:1
Read more →Annual General Meeting in Hexagon AB
At the Annual General Meeting in Hexagon AB (publ) today, the following was resolved.
Election of Board of Directors and auditor
The AGM re-elected the Directors Ola Rollén, Gun Nilsson, Ulrika Francke, John Brandon, Henrik Henriksson, Sofia Schörling Högberg, Märta Schörling Andreen and Patrick Söderlund as ordinary board members. Gun Nilsson was re-elected Chairman of the Board.
Remuneration to the Directors shall be allocated with SEK 1,925,000 to the Chairman and SEK 645,000 to each of the other Directors elected by the AGM and not employed by the company. The Chairman of the
Read more →Hexagon Interim Report 1 January - 31 March 2021
First quarter 2021
· Net sales increased by 10 per cent to 977.9 MEUR (889.9). Using fixed exchange rates and a comparable group structure (organic growth), net sales increased by 11 per cent
· Adjusted operating earnings (EBIT1) increased by 34 per cent to 257.9 MEUR (192.4)
· Earnings before taxes, excluding adjustments, amounted to 250.3 MEUR (186.6)
· Net earnings, excluding adjustments, amounted to 205.2 MEUR (153.0)
· Earnings per share, excluding adjustments, amounted to 0.56 EUR (0.41)
· Operating cash flow increased to 211.9 MEUR (136.9)
For further
Read more →Resolutions at ASSA ABLOY AB’s Annual General Meeting 28 April 2021
Due to the Covid-19 pandemic the Meeting was held, pursuant to temporary legislation, only through advance voting (postal voting) without physical attendance of shareholders.
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 2020. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2020.
Dividend
The Annual General Meeting approved the dividend of SEK 3.90 per share proposed
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