ASSA ABLOY acquires FocusCura in The Netherlands
ASSA ABLOY has signed an agreement to acquire FocusCura, a leading provider of technology solutions for senior care in the Dutch market. FocusCura has developed a software platform, which in combination with other products and technology services, enables elderly care organizations to focus on care.
"I am very pleased to welcome FocusCura and their employees into the ASSA ABLOY Group. FocusCura is a strategic technological addition to the ASSA ABLOY Group. The company will reinforce our current offering within Senior Care and will provide complementary growth opportunities,” says Nico
Read more →Invitation to presentation of HEXPOL's Interim report Q2 on 17 July
HEXPOL will release the Interim Report for the second quarter 2020 on Friday 17 July at about 11:00 CET. The report will be presented by HEXPOL’s acting CEO and CFO Peter Rosén at a web-casted conference call on 17 July at 12:00 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: +46850558375
UK: +443333009031
US: +18332498407
To participate on the web please use the following link:
https://tv.streamfabriken.com/hexpol-q2-2020
The report and IR-presentation will be available on www.
Read more →Invitation to the presentation of ASSA ABLOY’s Q2 report on 17 July starting at 09:30am (CET)
ASSA ABLOY will release its Q2 report 2020 on Friday 17 July 2020 at 08:00 am (CET). A conference call and webcast will be held following the release of the results, starting at 09:30 am (CET) and continuing until 10:30 am (CET). 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:
www.assaabloy.com/en/com/investors/investor-meetings/
The
Read more →ASSA ABLOY sells certain businesses in relation to the acquisition of agta record
ASSA ABLOY has entered into binding agreements with Italy based FAAC Group for the sale of certain agta record and ASSA ABLOY businesses, as part of the commitments to address the competition concerns of the EU Commission in connection with the acquisition of the Swiss company agta record (the “Divestiture”).
The divested business includes the agta record operations in the Netherlands, Austria, Hungary and Slovenia, as well as the ASSA ABLOY automatic pedestrian door business in France and the UK. In addition, agta record´s high-speed door business located in France is also included.
Read more →AAK accelerates optimization in line with strategic direction
The ongoing corona pandemic continues to profoundly impact people, societies, and business operations across the world. Over the last few months, extensive restrictions and lockdown measures have been implemented in most countries around the world.
As earlier communicated, this has resulted in a negative impact on demand and earnings within most industries that AAK serves. In response, we are optimizing our cost base in affected segments without jeopardizing our long-term capabilities and strategic initiatives.
“In spite of the short- to mid-term impact from the corona pandemic, we
Read more →Changes to the Securitas Group Management team, which will be reduced by two
· Aimé Lyagre, COO and CTO Security Services Europe, has decided to leave Securitas. This role is not replaced and the responsibilities will be split between Henrik Zetterberg, who remains COO Security Services Europe and a member of Group Management but with expanded responsibilities across Europe, and Thomas Lundstedt who joined Securitas as European Solution Leader in April 2020.
· The role of President Aviation will no longer be part of Group Management.
These changes are effective July 1,[ ]2020. All other Group Management members continue in their present roles.
“Aimé
Read more →Annual General Meeting of AAK AB
At the Annual General Meeting of AAK AB (publ.) on May 13, 2020 the following was resolved:
Board of Directors, auditor and fees
The number of directors will be six. The Meeting re-elected Märta Schörling Andreen, Marianne Kirkegaard, Bengt Baron, Gun Nilsson, Georg Brunstam and Patrik Andersson as directors. Georg Brunstam was re-elected as Chairman of the Board. The fees to the Board of Directors shall amount to a total of SEK 3,480,000 (including fees for committee work).
Re-election of the accounting firm PricewaterhouseCoopers, for a period of mandate of one year, consequently
Read more →Decisions at Securitas’ Annual General Meeting 2020
At today's Annual General Meeting of Securitas AB (publ) the following was resolved:
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, 2019. In accordance with the revised proposal of the Board, the meeting resolved that no dividend should be distributed for the financial year 2019. The Annual General Meeting discharged the Board of Directors and the President from liability for
Read more →Securitas AB Interim Report January-March 2020
JANUARY–MARCH 2020
· Total sales MSEK 28 420 (26 744)
· Organic sales growth 2 percent (7)
· Operating income before amortization MSEK 1 086 (1 290)
· Operating margin 3.8 percent (4.8)
· Items affecting comparability (IAC) MSEK –45 (–20), relating to IS/IT transformation programs
· Earnings per share SEK 1.61 (2.08)
· Earnings per share, before IAC, SEK 1.70 (2.12)
· Net debt/EBITDA 2.4 (2.8)
· Cash flow from operating activities 34 percent (–5)
· Dividend proposal withdrawn, may consider a new dividend proposal later this year
· Significant impact and
Read more →