Assa Abloy

October 23, 2024

Quarterly Report Q3 2024

Record operating profit Third quarter · Net sales increased by 1% to SEK 37,418 M (36,881), with positive organic growth of 0% (1) and acquired net growth of 4% (11). Exchange- rates affected sales by –3% (4). · Organic sales growth was good in Americas and Global Technologies, stable in EMEIA, while organic sales declined in Entrance Systems and Asia Pacific. · Seven acquisitions with combined annual sales of about SEK 4 billion were completed in the quarter. · Operating income[1] (EBIT) increased by 8% and amounted to SEK 6,255 M (5,777), with an operating margin of 16.7%

Read the whole post

Hexagon completes acquisition of ZG Technology

Hexagon
 — 
2026
.
09
.
07
Hexagon has acquired the remaining 49 per cent of Wuhan ZG Automation Technology Co., Ltd ("ZG Technology"), bringing its ownership of the Wuhan-based 3D scanning specialist to 100 per cent. Hexagon acquired a 51 per cent majority stake in August 2021 and has consolidated ZG within its Manufacturing Intelligence Business Area since that time. Founded in 2014 and built on the photogrammetry and remote sensing disciplines of Wuhan University, ZG develops handheld 3D scanning technology, with a portfolio developed in-house and supported by its own software copyrights and patents. Its scanners
Read more →

Securitas AB upgraded to ‘BBB+’ by Standard & Poor’s Global Ratings

Securitas
 — 
2026
.
08
.
28
Securitas AB was today upgraded to ‘BBB+’ with stable outlook. Based on lower leverage, strong performance and revised financial targets, S&P’s Global Ratings has upgraded its long-term credit rating on Securitas to ‘BBB+’ from ‘BBB’. The outlook is stable. Further information: Investors: Micaela Sjökvist, VP IR; +46 76 1167443, micaela.sjokvist@securitas.com
Read more →

Hexagon to acquire Guidance Marine, strengthening maritime positioning portfolio

Hexagon
 — 
2026
.
08
.
26
Hexagon today announced an agreement to acquire Guidance Marine, a UK-based company focused on sensors that measure a vessel's position relative to nearby structures, such as offshore platforms, wind turbines, quaysides and other vessels, enabling ships to hold station and manoeuvre safely within metres of fixed and floating assets. Founded in 1991 and headquartered in Leicester, United Kingdom, Guidance Marine serves customers in more than 40 countries. Its radar, laser, vision and microwave-based sensing solutions are used in offshore energy, marine construction, port and harbour
Read more →
All News & Reports
SV | EN
Birger Jarlsgatan 13
|
111 45 Stockholm
|
|