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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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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