HEXPOL expects to report third quarter operating profit well above market expectations
HEXPOL expects to report adjusted operating profit for third quarter 2020 well above market expectations while sales are estimated to be in line with expectations.
The adjusted operating profit for third quarter 2020 is expected to be in the range of 560 and 590 MSEK (583) affected by higher volumes compared to the previous quarter combined with substantially lower costs. There are no benefits related to Covid-19 Swedish government grants recorded in this result.
All figures presented in this press release are preliminary and unaudited. HEXPOL will not make any further comments until
Read more →Invitation to presentation of HEXPOL's Interim report Q3 on 23 October
HEXPOL will release the Interim Report for the third quarter 2020 on Friday 23 October at about 12:00 CET. The report will be presented by HEXPOL’s acting CEO and CFO Peter Rosén at a web-casted conference call on 23 October at 13:00 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 850558368
UK: +44 3333009272
US: +1 8335268380
To participate on the web please use the following link:
https://tv.streamfabriken.com/hexpol-q3-2020
The report and IR-presentation will be available on
Read more →ASSA ABLOY acquires Olimpia Hardware
ASSA ABLOY has acquired Olimpia Hardware, a leading glass hardware and accessories brand in Latin America and the Caribbean.
"I am very pleased to welcome Olimpia into the ASSA ABLOY Group. This constitutes an important next step in our strategy to grow market leadership in emerging markets,” says Nico Delvaux, President and CEO of ASSA ABLOY.
"The addition of Olimpia complements our business in Latin America, further supporting the growing trend of openings utilizing glass and aluminum products," says Lucas Boselli, Executive Vice President of ASSA ABLOY and Head of the Americas
Read more →Results of the tender offer for the remaining shares of agta record and delisting from Euronext Paris of the agta record shares
Following the simplified public tender offer (the “Offer”), closed on 30 September 2020, launched by ASSA ABLOY on the remaining shares of agta record ag (“agta record”), ASSA ABLOY holds 98.04% of the share capital and voting rights of agta record[[1]].
Trading in the agta record shares is suspended as of today and until the delisting of the agta record shares from the Euronext Paris stock exchange becomes effective on 9 October 2020.
Since no squeeze-out or equivalent procedure is applicable, ASSA ABLOY has committed to acquire remaining outstanding agta record shares until 30 March
Read more →Change in number of shares and votes in AAK AB (publ.)
The long-term incentive program for employees (“Warrants Program series 2017/2022:2”) implemented at the annual general meeting on May 17, 2017 has resulted in the number of shares and votes in the company having increased during September 2020 by 660,000 shares and votes, through conversion of subscription warrants into new shares in the company.
As of September 30, 2020, there are in total 254,390,934 shares and votes in the company.
For further information, please contact:
Fredrik Nilsson
CFO
Mobile: +46 708 95 22 21
E-mail: fredrik.nilsson@aak.com
This is information that
Read more →Hexagon announces in-person plans for HxGN LIVE Global 2021
Hexagon AB, a global leader in sensor, software and autonomous solutions, today announced that HxGN LIVE Global 2021, its digital solutions conference, will go forward as planned as an in-person event at The Venetian in Las Vegas, Nevada, USA from 15-18 June.
Hexagon plans to cap in-person attendees at 1,500, fewer than half its historical attendance, while offering a virtual event experience that allows for much broader customer participation. Together, this will ensure HxGN LIVE Global is safe to attend and can deliver the exceptional experience Hexagon’s worldwide customers have come to
Read more →Securitas acquires STANLEY Security’s electronic security businesses in five countries
Securitas is acquiring STANLEY Security’s electronic security businesses in Germany, Portugal, Switzerland, Singapore and India. The acquisition is aligned with Securitas’ ambition to double the size of its security solutions & electronic security business and expands Securitas’ electronic security footprint and capabilities. The purchase price is estimated to MUSD 64 (MSEK 563).
The entities to be acquired provide an integrated electronic security offering to their clients - from design to installation and from maintenance to alarm monitoring – based on a complete portfolio of advanced
Read more →Opening of the simplified public tender offer initiated by ASSA ABLOY for the remaining outstanding shares of agta record
The simplified public tender offer launched by ASSA ABLOY on the remaining shares of agta record ag (“agta record”) at the price of 70.58 EUR per share (the “Offer”) opens today for a period of ten trading days. The Offer will be followed by the delisting of the agta record shares from Euronext Paris.
The French Financial Market Authority (Autorité des marchés financiers (“AMF”)) has announced that the simplified public tender offer initiated by ASSA ABLOY, via its fully owned subsidiary ASSA ABLOY Euro Holding AB, for the purchase of all of the remaining outstanding shares of agta record,
Read more →Invitation to AAK AB’s virtual Capital Market Day
AAK AB hereby invites analysts, investors and media to its virtual Capital Market Day on November 17, 2020.
Format
The virtual event consists of presentations from selected AAK executives and managers as well as a live Q&A webcast. The presentations will be available on www.aak.com/cmd on November 17 at 8:00 a.m. CET. The live Q&A webcast with all presenters will take place on November 17 from 2:00 to 3:00 p.m. CET. A recording of the Q&A webcast will be published on www.aak.com/cmd after the event.
Presentations
AAK’s President and CEO Johan Westman will, together with Fredrik
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