Assa Abloy

July 19, 2022

Quarterly Report Q2 2022

Strong growth and profit in turbulent times Second quarter · Net sales increased by 25% to SEK 29,466 M (23,648), with organic growth of 13% (23) and acquired net growth of 0% (5). · Very strong organic growth in Americas and Entrance Systems and strong growth in EMEIA and Global Technologies, but organic sales declined in Asia Pacific. · Three acquisitions with combined annual sales of about SEK 1,100 M were signed in the quarter. · Operating income (EBIT) increased by 23% and amounted to SEK 4,406 M (3,589), corresponding to an operating margin of 15.0% (15.2). · Net

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ASSA ABLOY acquires Sentinel Dock & Door in Canada

Assa Abloy
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2026
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06
.
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
 — 
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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