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News & Reports

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AAK appoints Sten Estrup as President Asia

AAK
 — 
2020
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04
.
30
AAK is pleased to announce that Sten Estrup has been appointed new President Asia. Sten will be part of AAK’s Executive Committee and based at the company’s Singapore office. “I am very excited to join this successful company and I look forward to nurture and develop AAK’s customer-centric culture together with valued customers and business partners”, says Sten Estrup. “AAK is uniquely positioned to benefit from multiple consumer trends such as sustainability, premiumization, plant-based as well as an increasing focus on functional health and nutrition.” Estrup, a Danish native, joins
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Annual General Meeting in Hexagon AB

Hexagon
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2020
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04
.
29
At the Annual General Meeting in Hexagon AB (publ) today, the following was resolved. Election of Board of Directors The AGM re-elected the Directors Ola Rollén, Gun Nilsson, Ulrika Francke, John Brandon, Henrik Henriksson, Sofia Schörling Högberg and Märta Schörling Andreen and elected Patrick Söderlund as ordinary board members. Gun Nilsson was re-elected Chairman of the Board. Remuneration to the Directors shall remain unchanged and be allocated with SEK 1,850,000 to the Chairman and SEK 615,000 to each of the other Directors elected by the AGM and not employed by the company. The
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Resolutions at the Annual General Meeting 2020

Assa Abloy
 — 
2020
.
04
.
29
The Annual General Meeting of ASSA ABLOY AB was held on Wednesday 29 April 2020 in Stockholm, Sweden. 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. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2019. Dividend The Annual General Meeting approved the dividend of SEK 2.00 per share proposed by the Board of Directors. The record date for the dividend was set to Monday 4 May 2020
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Securitas AB to publish the interim report on Thursday, May 7, 2020

Securitas
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2020
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04
.
29
Securitas AB will publish the interim report for January-March 2020 on Thursday, May 7, at app 1.00 p.m. (CET). 1.00 p.m. (CET) Report release The report will be sent as a press release from Cision (www.cision.se) and will automatically be published on www.securitas.com when released. 1.30 p.m. (CET) Presentation slides available For presentation slides, follow the link www.securitas.com/presentations 2.00 p.m. (CET) Telephone conference and audio cast Analysts and media are invited to participate in a telephone conference at 2.00 p.m. (CET) where Securitas President and CEO
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Hexagon announces cost saving measures

Hexagon
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2020
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04
.
29
In the light of the COVID-19 pandemic, Hexagon has initiated measures to accelerate operational efficiencies to support its long-term financial objectives. In the short-term, Hexagon has implemented various actions that include shorter work weeks, furloughs and reductions in discretionary spending. As a long-term measure, a company-wide cost savings programme has been initiated which includes structural changes – from reallocating resources to new business opportunities to optimising office locations worldwide – and work force reductions that reflect more enduring changes in market
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Hexagon Interim Report 1 January - 31 March 2020

Hexagon
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2020
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04
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29
First quarter 2020 - Net sales decreased by -3 per cent to 889.9 MEUR (916.5). Using fixed exchange rates and a comparable group structure (organic growth), net sales decreased by -7 per cent - Operating earnings (EBIT1) decreased by -13 per cent to 192.4 MEUR (220.5) - Earnings before taxes, excluding non-recurring items, amounted to 186.6 MEUR (212.9) - Net earnings, excluding non-recurring items, amounted to 153.0 MEUR (174.6) - Earnings per share, excluding non-recurring items, amounted to 0.41 EUR (0.48) - Operating cash flow increased to 136.9 MEUR (96.3) For
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Quarterly Report Q1 2020

Assa Abloy
 — 
2020
.
04
.
29
Results impacted by Covid-19 First quarter · Net sales increased by 3% to SEK 22,173 M (21,505), with organic growth of –3% (5) and acquired net growth of 3% (3) · Growth in Americas, stable sales levels in Global Technologies and Entrance Systems, but lower sales in Asia Pacific and EMEA · Two acquisitions signed with expected combined annual sales of SEK 200 M · Conditional clearance has been received from the EU Commission to acquire the 54% shareholding in agta record. Closing of the Acquisition is expected in the second half of 2020 · Operating income (
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Securitas AB withdraws the dividend proposal, revises proposals to the AGM and voting procedures due to the COVID-19 situation

Securitas
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2020
.
04
.
28
The Board of Directors of Securitas AB has decided to withdraw its dividend proposal for the AGM 2020 due to the uncertainty caused by the COVID-19 situation and may consider later to resolve on a new dividend proposal. Furthermore, the Securitas AB Nomination Committee has decided to withdraw its proposal for increased board fees and has instead proposed that the AGM resolves that the current board fees remain unchanged this year. The Board has also decided that shareholders who choose to not physically attend the meeting may exercise their voting rights at the meeting by voting in advance
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Annual general meeting of HEXPOL AB

Hexpol
 — 
2020
.
04
.
28
At today’s Annual General Meeting of HEXPOL AB (publ), the following was resolved. Board of Directors, auditor and fees The number of directors will be seven. The meeting re-elected Georg Brunstam, Alf Göransson, Jan- Anders Månson, Malin Persson, Kerstin Lindell, Märta Schörling Andreen and Gun Nilsson. Georg Brunstam was elected Chairman of the Board. The fees to the Board of Directors shall amount to a total of SEK 3,890,000 (including fees for committee work). Re-election of the accounting firm Ernst & Young AB, for a period of mandate of one year, consequently up to and
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