For the period between current CEO Axel Berntsson's departure (21 January 2025) and new CEO Anders Hülse's start (latest by 1 June 2025), the Board of Absolent Air Care Group AB...
Second quarter 2026
- Operating net sales of 1,050.2 MEUR (1,010.5) resulting in organic growth of 12%
- Net sales including acquired deferred revenue amounted to 1,050.2 MEUR (1,009.8)
- Adjusted gross earnings of 654.3 MEUR (646.5) resulting in a 62.3% (64.0) gross margin
- EBITAC of 255.1 MEUR (225.5), corresponding to a 24.3% (22.3%) EBITAC margin
- EBIT1 of 272.0 MEUR (260.0) resulting in a 25.9% (25.7) EBIT1 margin
- Adjusted earnings per share of 7.8 Euro cent (6.9)
- Earnings per share of 9.2 Euro cent (6.3)
- Cash conversion (of EBITAC, incl. Robotics) of 149% (124)
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ASSA ABLOY has acquired Classic Brass Inc (“Classic Brass”), a US manufacturer of premium cabinet and door hardware.
"I am very pleased to welcome Classic Brass 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.
“Classic Brass is recognized for its handcrafted, design-driven hardware that brings together timeless craftsmanship, American manufacturing, and modern customization,” says Lucas Boselli,