HEXPOL’s President and CEO is leaving
The Board of HEXPOL AB (publ) and Mikael Fryklund have decided to part ways.
“There are several circumstances that have led to this change. The development of the Group, mainly regarding sales growth and growth of results, which unfortunately lately have not met our expectations. I would like to thank Mikael for his loyal and dedicated work since 2017. Among others, a number of well-managed and well positioned acquisitions have been made during this time.” says Georg Brunstam, Chairman of the Board.
The recruitment of a successor will start immediately.
In the meantime CFO Peter
Read more →ASSA ABLOY acquires Biosite in the UK
ASSA ABLOY has acquired Biosite, a leading solutions provider of biometric access control to the UK construction industry.
"I am very pleased to welcome Biosite and their employees into the ASSA ABLOY Group. Biosite is a strategic technological addition to the ASSA ABLOY Group. The company will reinforce our current offering within solutions for access control and will provide complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY.
“Biosite offers biometric access- and workforce management solutions to the construction sector; maximizing security and
Read more →SECURITAS AB FULL YEAR REPORT January–December 2019
OCTOBER–DECEMBER 2019
• Total sales MSEK 28 257 (26 824)
• Organic sales growth 2 percent (5)
• Operating income before amortization MSEK 1 497 (1 475)
• Operating margin 5.3 percent (5.5)
• Items affecting comparability (IAC) MSEK –83 (–187), relating to IS/IT transformation programs
• Earnings per share SEK 2.38 (2.02)
• Earnings per share, before IAC, SEK 2.54 (2.39)
JANUARY–DECEMBER 2019
• Total sales MSEK 110 899 (101 467)
• Organic sales growth 4 percent (6)
• Operating income before amortization MSEK 5 738 (5 304)
• Operating margin 5.2
Read more →Lower organic growth with strong profit and cash flow
Fourth quarter
· Net sales increased by 8% to SEK 24,946 M (23,167), with organic growth of 1% (6) and acquired net growth of 3% (3)
· Strong organic growth in Americas, good growth in Global Technologies and stable in EMEA and Entrance Systems, while sales declined in Asia Pacific
· Two acquisitions signed with expected combined annual sales of SEK 800 M
· Tax decision in Finland reconsidered to ASSA ABLOY’s disadvantage. Estimated tax exposure of SEK 920 M, but no material effect on the Group’s net income
· Operating income1 (EBIT) increased by 8% and amounted to SEK 4,
Read more →Hexagon Year-End Report 1 January - 31 December 2019
Fourth quarter 2019
- Net sales increased by 2 per cent to 1,058.9 MEUR (1,043.0). Using fixed exchange rates and a comparable group structure (organic growth), net sales decreased by -2 per cent
- Operating earnings (EBIT1) increased by 2 per cent to 277.0 MEUR (270.7)
- Earnings before taxes, excluding non-recurring items, amounted to 271.1 MEUR (265.4)
- Net earnings, excluding non-recurring items, amounted to 222.3 MEUR (217.6)
- Earnings per share, excluding non-recurring items, amounted to 0.60 EUR (0.60)
- Operating cash flow, excluding non-recurring items, decreased to 234.4
Read more →Year-end report 2019
Fourth quarter 2019 – Increased sales driven by acquisitions
· Sales increased 6 per cent to 3,774 MSEK (3,557).
· Operating profit, excl. non-recurring items, amounted to 522 MSEK (522).
· Operating margin, excl. non-recurring items, amounted to 13.8 per cent (14.7).
· Profit after tax amounted to 336 MSEK (405).
· Earnings per share, excl. non-recurring items, increased to 1.20 SEK (1.18). Earnings per share including these items amounted to 0.98 SEK (1.18).
· Operating cash flow increased to 732 MSEK (679).
· Non-recurring items, before tax, amounted to 99 MSEK.
Read more →Securitas AB to publish the full year report on Thursday, February 6, 2020
Securitas AB will publish the full year report for January-December 2019 on Thursday, February 6, 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.
2.00 p.m. (CET) Presentation slides available
For presentation slides, follow the link www.securitas.com/presentations
2.30 p.m. (CET) Telephone conference and audio cast
Analysts and media are invited to participate in a telephone conference at 2.30 p.m. (CET) where Securitas
Read more →AAK’s Interim report for the fourth quarter and year-end report 2019 – continued profit growth and new strategic direction
AAK Group, fourth quarter
· Total volumes for the quarter amounted to 582,000 MT (574,000), organic growth of 1 percent (4).
· Sales amounted to SEK 7,380 million (6,992), an increase of 6 percent.
· Operating profit, including a positive currency translation impact of SEK 12 million, reached SEK 562 million (516), an improvement of 9 percent. Operating profit per kilo improved by 8 percent to SEK 0.97 (0.90).
· Net result amounted to SEK 401 million (354), an improvement of 13 percent.
· Earnings per share increased by 12 percent, to SEK 1.56 (1.39).
· Cash
Read more →Hexagon strengthens HxGN Content Program with acquisition of COWI’s mapping business
Hexagon AB, a global leader in sensor, software and autonomous solutions, today announced the signing of an agreement to acquire COWI's aerial mapping business. COWI is a leading international consulting group within engineering, economics and environmental sciences with a mapping business that serves as Europe's largest provider of airborne surveying and spatial data processing and key partner of the HxGN Content Program.
Bringing valuable expertise in capturing and selling Content as a Service (CaaS), COWI’s mapping unit has been delivering HxGN Content Program services in Europe since
Read more →