AAK

October 22, 2020

AAK’s Interim report for the third quarter 2020 – strong profit growth driven by cost optimizations and a favorable product mix

AAK Group · Total volumes for the quarter were stable and amounted to 565,000 MT (571,000). · Operating profit, including a negative currency translation impact of SEK 43 million, increased by 7 percent, reaching SEK 602 million (563). · Operating profit, excluding items affecting comparability, amounted to SEK 602 million (569), an increase by 6 percent. · Net profit amounted to SEK 436 million (398), an increase by 10 percent. · Earnings per share increased by 10 percent, to SEK 1.69 (1.53). · Cash flow from operating activities amounted to SEK 480 million (130). ·

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ASSA ABLOY acquires Sentinel Dock & Door in Canada

Assa Abloy
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2026
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06
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02
ASSA ABLOY has acquired Sentinel Dock & Door (“Sentinel”), a commercial dock and door service company based in Canada. "I am very pleased to welcome Sentinel 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. "The acquisition of Sentinel significantly strengthens our direct channel presence, including service, and broadens our footprint across Canada. With their strong, service-oriented business and well-
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NIBE to acquire the business of Italian Beltrami Felice S.r.l. as a going concern

Nibe
 — 
2026
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05
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28
NIBE Industrier AB (publ) has entered into an agreement to acquire the business of Italian Beltrami Felice S.r.l. as a going concern through an asset purchase transaction.
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Commercial Kitchen wins major order in South Korea

Absolent
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2026
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05
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27
Commercial Kitchen business area, part of Absolent Air Care Group, has won its largest order to date in the South Korean market, covering 200 AirMaid® units. The order will suppo...
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