Assa Abloy

October 18, 2024

ASSA ABLOY enters into an agreement to sell Citizen ID

ASSA ABLOY has signed an agreement to sell its Citizen ID business to TOPPAN. The Citizen ID business area of HID manufactures, designs, and implements physical and mobile identity solutions for government to citizen programs around the globe. Citizen ID has some 450 employees with manufacturing facilities in Ireland, Malta and the US. Sales in 2023 amounted to about SEK 1,300 M. "I find it very satisfying that with TOPPAN, Citizen ID and its employees and customers get a committed long-term owner, creating new opportunities for the future and I wish them every success,” says Nico

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Absolent Air Care Group Interim report January-June 2025

Absolent
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2025
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07
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18
April-June 2025 • Net sales amounted to SEK 314.4 (367.4) million, which corresponds to a growth of -14.4 (4.1) % and -9.4 (3.5) % in local currencies. • Operating result before...
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Quarterly Report Q2 2025

Assa Abloy
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2025
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07
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17
Strong overall performance Second quarter · Net sales totaled SEK 38,015 M (37,968), with organic growth of 3% (–1) and acquired net growth of 5% (11). Exchange rates affected sales by –8% (0). · Organic sales growth was strong in Global Technologies and good in Americas. Entrance Systems had a small organic sales growth, while organic sales declined in EMEIA and Asia Pacific. · Five acquisitions with combined annual sales of about SEK 800 M were completed in the quarter. · Operating income1 (EBITA) increased by 2% to SEK 6,555 M (6,434) with an operating margin of 17.2% (16.9).
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Change in NIBE Industrier’s (publ) Group management

Nibe
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2025
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07
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15
Fredrik Erlandsson has decided to resign from his role as Head of NIBE Corporate Communications and Investor Relations, and member of the Group management.
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