Assa Abloy

February 6, 2020

Lower organic growth with strong profit and cash flow

Fourth quarter · Net sales increased by 8% to SEK 24,946 M (23,167), with organic growth of 1% (6) and acquired net growth of 3% (3) · Strong organic growth in Americas, good growth in Global Technologies and stable in EMEA and Entrance Systems, while sales declined in Asia Pacific · Two acquisitions signed with expected combined annual sales of SEK 800 M · Tax decision in Finland reconsidered to ASSA ABLOY’s disadvantage. Estimated tax exposure of SEK 920 M, but no material effect on the Group’s net income · Operating income1 (EBIT) increased by 8% and amounted to SEK 4,

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NIBE to acquire the business of Italian Beltrami Felice S.r.l. as a going concern

Nibe
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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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Octave Intelligence plc listed for trading on Nasdaq Stockholm

Hexagon
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2026
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05
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25
On 24 April 2026, the Annual General Meeting of Hexagon AB (“Hexagon”) resolved to distribute all shares in its wholly-owned subsidiary Octave Intelligence plc (“Octave”) to Hexagon’s shareholders. Shareholders of Hexagon as per the record date 22 May 2026 have received one class A ordinary share in Octave for every ten Series A shares held in Hexagon, and one class B ordinary share in Octave for every ten Series B shares held in Hexagon. Non-affiliate holders of Series B shares in Hexagon have received class B ordinary shares in Octave by way of Skandinaviska Enskilda Banken AB (publ) (“
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