AAK

February 2, 2023

AAK’s Interim report for the fourth quarter and year-end report 2022 - A solid year with double-digit earnings growth driven by margin expansion

AAK Group, fourth quarter · Total volumes decreased by 6 percent year-on-year to 571,000 MT (610,000), largely due to exiting the Russian market and the optimization program in Bakery. Excluding Russia, volumes decreased by 3 percent. · Operating profit, including a positive currency translation of SEK 24 million, increased by 18 percent, reaching SEK 778 million (659). At fixed foreign exchange rates, operating profit increased by 14 percent. · Profit for the quarter totaled SEK 517 million (480). · Earnings per share equaled SEK 1.98 (1.84). · Cash flow from operating

Read the whole post
→

ASSA ABLOY acquires PACLOCK in the US

Assa Abloy
 — 
2026
.
09
.
16
ASSA ABLOY has acquired Pacific Lock Company (“PACLOCK”), a US padlock and security hardware manufacturer. "I am very pleased to welcome PACLOCK to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY. "PACLOCK is recognized for delivering high-quality security products that combine reliability, durability, and innovation, backed by US-based manufacturing and exceptional customer service," says Lucas Boselli,
Read more →

Hexagon completes acquisition of ZG Technology

Hexagon
 — 
2026
.
09
.
07
Hexagon has acquired the remaining 49 per cent of Wuhan ZG Automation Technology Co., Ltd ("ZG Technology"), bringing its ownership of the Wuhan-based 3D scanning specialist to 100 per cent. Hexagon acquired a 51 per cent majority stake in August 2021 and has consolidated ZG within its Manufacturing Intelligence Business Area since that time. Founded in 2014 and built on the photogrammetry and remote sensing disciplines of Wuhan University, ZG develops handheld 3D scanning technology, with a portfolio developed in-house and supported by its own software copyrights and patents. Its scanners
Read more →

Securitas AB upgraded to ‘BBB+’ by Standard & Poor’s Global Ratings

Securitas
 — 
2026
.
08
.
28
Securitas AB was today upgraded to ‘BBB+’ with stable outlook. Based on lower leverage, strong performance and revised financial targets, S&P’s Global Ratings has upgraded its long-term credit rating on Securitas to ‘BBB+’ from ‘BBB’. The outlook is stable. Further information: Investors: Micaela Sjökvist, VP IR; +46 76 1167443, micaela.sjokvist@securitas.com
Read more →
All News & Reports
→
SV | EN
Birger Jarlsgatan 13
|
111 45 Stockholm
|
|