ASSA ABLOY acquires Level Lock in the US
ASSA ABLOY has acquired Level Lock, a technology solutions business based in Redwood City, California.
"I am very pleased to welcome Level Lock into the ASSA ABLOY Group. This acquisition is an exciting technological addition to the ASSA ABLOY Group and will provide complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY.
"The acquisition of Level Lock complements ASSA ABLOY’s technology portfolio and strengthens our digital offering across multiple businesses in the Americas division,” says Lucas Boselli, Executive Vice President of ASSA ABLOY and
Read more →Hexagon’s net-zero science-based targets validated by the Science Based Targets initiative (SBTi)
Hexagon, the global leader in digital reality solutions, today announced that its reduction targets for near-term and net-zero greenhouse gas emissions have been approved by the Science Based Targets initiative (SBTi). This independent, scientific validation highlights Hexagon's commitment towards sustainability.
Hexagon's (https://hexagon.com/) approved targets include:
· Reducing Scope 1 and 2 emissions by 95% and Scope 3 emissions by 51.6% per EUR value added by 2030, from a 2022 baseline
· Increasing renewable electricity usage to 100% by 2027
· Reaching net-zero greenhouse
Read more →Securitas AB Interim Report Q2 2024 | January–June
April–June 2024
· Total sales MSEK 40 638 (39 909)
· Organic sales growth 5 percent (11)
· Real sales growth within technology and solutions 7 percent (73)
· Operating income before amortization MSEK 2 801 (2 620)
· Operating margin 6.9 percent (6.6)
· Earnings per share SEK 2.28 (2.05)
· Earnings per share before IAC, SEK 2.60 (2.46)
· Cash flow from operating activities 60 percent (46)
January–June 2024
· Total sales MSEK 79 898 (77 660)
· Organic sales growth 6 percent (11)
· Real sales growth within technology and solutions 7 percent (75)
·
Read more →Hexagon Interim Report 1 January - 30 June 2024
Second quarter 2024
• 0 per cent organic revenue growth (using fixed exchange rates and a comparable group structure)
• Net sales decreased by -1 per cent to 1,353.4 MEUR (1,366.0)
• Net sales including the reduction of acquired deferred revenue amounted to 1,353.4 MEUR (1,365.0)
• Adjusted gross margin of 67.3 per cent (65.6)
• Adjusted operating earnings (EBIT1) increased by 1 per cent to 399.5 MEUR (394.1)
• Adjusted operating margin amounted to 29.5 per cent (28.9)
• Earnings per share, excluding adjustments, amounted to 10.8 Euro cent (10.8)
• Earnings per share, including
Read more →ASSA ABLOY to acquire SKIDATA
ASSA ABLOY has signed an agreement to acquire SKIDATA, an international leading provider of access management solutions.
"I am very pleased to welcome the SKIDATA team into the ASSA ABLOY Group. This acquisition delivers on our strategy to grow our business in mature markets through adding complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY.
“SKIDATA's attractive product portfolio and strong performance in access solutions will enhance and complement our current offering,” says Massimo Grassi, Executive Vice President of ASSA
Read more →Securitas AB to publish the Interim Report January-June 2024 on July 30, 2024
Securitas AB will publish the Interim Report January-June 2024 on Tuesday July 30, 2024, at approximately 1.00 p.m. (CEST).
Approx. 1.00 p.m. (CEST) 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. (CEST) Presentation slides available
For presentation slides, follow the link
www.securitas.com/en/investors/financial-reports-and-presentations
2.30 p.m. (CEST) Telephone conference and audio cast
Analysts and media are invited to participate in a telephone
Read more →Half-year report January - June 2024
APRIL – JUNE 2024
· Sales amounted to 5,454 MSEK (5,727).
· EBIT amounted to 911 MSEK (945).
· EBIT-margin increased to 16.7 percent (16.5).
· Profit after tax amounted to 654 MSEK (679).
· Earnings per share amounted to 1.90 SEK (1.97).
· Operating cash flow amounted to 926 MSEK (1,048).
JANUARY – JUNE 2024
· Sales amounted to 10,766 MSEK (11,717).
· EBIT amounted to 1,816 MSEK (1,891).
· EBIT-margin increased to 16.9 percent (16.1).
· Profit after tax amounted to 1,308 MSEK (1,347).
· Earnings per share amounted to 3.80 SEK (3.91).
· Operating
Read more →Quarterly Report Q2 2024
Strong performance
Second quarter
· Net sales increased by 10% to SEK 37,968 M (34,474), with organic growth of –1% (3) and acquired net growth of 11% (6). Exchange- rates affected sales by 0% (8).
· Organic sales growth was good in Americas and EMEIA, stable in Entrance Systems, but declined in Asia Pacific and Global Technologies.
· Eight acquisitions with combined annual sales of about SEK 1,000 M were completed in the quarter.
· Operating income1 (EBIT) increased by 11% and amounted to SEK 6,085 M (5,500), with an operating margin of 16.0% (16.0).
· Net income1[ ]
Read more →Invitation to presentation of Hexagon's Interim Report on 26 July
Hexagon will release its Interim Report for the second quarter 2024 on Friday, 26 July, at approximately 08:00 CET. President and CEO Paolo Guglielmini will host a live webcast and telephone conference at 10:00 CET.
Webcast:
The webcast will be streamed here (https://edge.media-server.com/mmc/p/jnkdebgo/).
Telephone conference:
Anyone interested in participating in the Q&A session following the first quarter Interim Report presentation must register here (https://register.vevent.com/register/BI3496d8eb90884a2aa1a17642554cadf0).
1. Upon registering, each participant will be
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