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Assa Abloy

October 21, 2020

Quarterly Report Q3 2020

Strong recovery in the quarter Third quarter · Net sales decreased by 8% to SEK 22,225 M (24,034), with organic growth of –5% (4) and acquired net growth of 4% (4) · Entrance Systems reported organic sales growth, while EMEA reported stable organic sales development. Global Technologies, Asia Pacific and Americas reported negative organic sales growth. All divisions were strongly negatively affected by Covid-19 · Sales and income for agta record are fully consolidated into the Group from 31 August 2020 · Operating income (EBIT[1])[ ]decreased by 8% to SEK 3,593 M (3,894),

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Hexagon’s shareholding in Hangzhou Yushu Technology Co., Ltd (Unitree Technologies)

Hexagon
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2026
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08
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19
Following the Initial Public Offering (IPO) of Unitree Technologies, Hexagon expects to record a gain in its third quarter results on the revaluation of its shareholding, which represents 1.198% of the Unitree’s issued share capital. The gain will be calculated on the closing share price on 30 September 2026. Based on today's closing price, the gain would be approximately €500m. Any gain will be recorded as a non-cash Item Affecting Comparability (IAC) in Hexagon's accounts. The shares are subject to a 12-month lock-up period from today’s date. For further information, please contact:
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NIBE Industrier AB has appointed Jonas Bjuhr as new Managing Director of NIBE AB in Markaryd

Nibe
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2026
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08
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17
NIBE Industrier AB today announces the appointment of Jonas Bjuhr as the new Managing Director of NIBE AB in Markaryd. Jonas will take up his new role on December 4 and assume operational responsibility for the continued development of NIBE AB – the largest company both within NIBE Industrier AB and within Business Area NIBE Climate Solutions.
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ASSA ABLOY to acquire Gunnebo Entrance Control

Assa Abloy
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2026
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08
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03
ASSA ABLOY has signed an agreement to acquire Gunnebo Entrance Control, an international provider of entrance control solutions, including speed gates, mass transit gates and security revolving doors. "I look forward to welcoming the Gunnebo Entrance Control team 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. “Gunnebo Entrance Control’s well-established entrance control portfolio, strong team,
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