AAK appoints Gabriella Grotte as Head of Investor Relations and Corporate Communications
To further strengthen its Investor Relations activities and respond to the growing interest in the company, AAK AB (publ.) has appointed Gabriella Grotte as Head of Investor Relations and Corporate Communications.
Gabriella joins AAK with a solid Investor Relations and Communications background. During the past thirteen years she has worked for Swedish company Alfa Laval AB, a leading global provider of heat transfer, separation and fluid handling products and solutions. For twelve of those years she has served as Investor Relations Manager. Aside from holding other senior positions
Read more →Securitas’ Nomination Committee proposes new Chair and members of the Board of Directors
The Nomination Committee of Securitas, the world’s leading intelligent protective services partner, proposes the election of Jan Svensson as the new Chair of the Board of Directors at the Annual General Meeting on 5 May 2021. The Committee also proposes the election of Gunilla Fransson, Harry Klagsbrun and Johan Menckel as new members of the Board. Carl Douglas, currently Vice Chair of the Board, and Anders Böös and Dick Seger, currently members of the Board, have informed the Committee that they will not be available for re-election. In November 2020, Marie Ehrling, currently Chair of the
Read more →ASSA ABLOY acquires Technology Solutions in the UK
ASSA ABLOY has acquired Technology Solutions (TSL) in the UK, a global provider of radio frequency identification (RFID) handheld readers. TSL designs, develops and manufactures ruggedized mobile RFID readers and other multi-technology, mobile device peripherals used to identify and track products and assets.
"I am very pleased to welcome TSL into the ASSA ABLOY Group. TSL is a strategic technological addition to the ASSA ABLOY Group and reinforces our current RFID offering and provides complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY.
“The
Read more →Quarterly Report Q4 2020
Strong operational execution
Fourth quarter
· Net sales decreased by 7% to SEK 23,298 M (24,946), with organic growth of –5% (1) and acquired/divested net growth of 5% (3)
· EMEA and Entrance Systems reported stable organic sales development. Organic sales declined in Asia Pacific and Americas, while Global Technologies reported a significant decline
· Two divestments in Switzerland and Italy were completed. The combined annual sales of the divested companies amount to around SEK 625 M
· A new restructuring program was launched at year-end. The estimated cost amounts to SEK
Read more →Changes to the Securitas Group Management team
Andreas Lindback appointed new group CFO from August 16th 2021 as Bart Adam steps down. Brett Pickens appointed Divisional President for AMEA from April 1st 2021.
Securitas focus remains on building deep specialization in each of our protective services, adding data-driven intelligence and delivering client centric solutions, to become the Intelligent Protective Services Partner. We are happy to promote two of our strong leaders on the continuation of our transformation journey, as one member of Group Management steps down. All other Group Management members continue in their present roles.
Read more →Securitas continues strategy execution by launching business transformation in Europe and Ibero-America
The business transformation of Security Services Europe and Security Services Ibero-America targets an increase of the operating margin in the segments to around 6.5 percent and 6.0 percent respectively, upon completion in 2024. Items affecting comparability of approximately MSEK -1 400 and capital expenditure of approximately MSEK -1 100 are planned for the years 2021-2023.
In 2019, Securitas launched two major transformation programs in the Group. The first program radically modernizes the global IS/IT foundation throughout the Group and the second program is driving a business
Read more →Securitas AB Full Year Report January-December 2020
OCTOBER–DECEMBER 2020
· Total sales MSEK 26 477 (28 257)
· Organic sales growth 1 percent (2)
· Operating income before amortization MSEK 1 404 (1 497)
· Operating margin 5.3 percent (5.3)
· Items affecting comparability (IAC) MSEK –422 (–83), relating to transformation programs and the cost-
· savings program in the Group
· Earnings per share SEK 1.45 (2.38)
· Earnings per share, before IAC, SEK 2.38 (2.54)
· Cash flow from operating activities 109 percent (124)
JANUARY–DECEMBER 2020
· Total sales MSEK 107 954 (110 899)
· Organic sales growth 0
Read more →Hexagon Year-End Report 1 January - 31 December 2020
Fourth quarter 2020
· Operating net sales decreased by -1 per cent to 1,044.1 MEUR (1,058.9). Net sales including the reduction of acquired deferred revenue amounted to 1,038.0 (1,058.9). Using fixed exchange rates and a comparable group structure (organic growth), net sales increased by 1 per cent
· Operating earnings (EBIT1) increased by 4 per cent to 287.2 MEUR (277.0)
· Earnings before taxes, excluding non-recurring items, amounted to 279.9 MEUR (271.1)
· Net earnings, excluding non-recurring items, amounted to 229.5 MEUR (222.3)
· Earnings per share, excluding non-
Read more →Hexagon announces new sustainability targets to further its ESG agenda
Hexagon AB, a global leader in sensor, software and autonomous solutions, today announced the launch of a new sustainability programme with key environmental, social and governance (ESG) goals centred around carbon emissions, supplier audits and gender diversity.
Hexagon’s innovative solutions already contribute to environmental and social sustainability by improving efficiency, quality and safety in a broad array of industries and societal applications. But its sustainability journey is not only determined by the role its solutions play in the market, but also by its own processes and
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