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March 11, 2022

The Schörling Foundation donates SEK 100 million in humanitarian aid to Ukraine.

The Schörling Family Foundation supports the work of the Red Cross and the UN refugee agency UNHCR to help people in need, because of the armed conflict in Ukraine. The organizations will receive SEK 50 million each.

The Schörling Foundation donates SEK 100 million in humanitarian aid to Ukraine.

The Schörling Family Foundation supports the work of the Red Cross and the UN refugee agency UNHCR to help people in need, because of the armed conflict in Ukraine. The organizations will receive SEK 50 million each.

The urgent humanitarian needs because of the conflict in Ukraine are endless. Like the rest of the world, we try to find ways to help make a difference for those affected by the conflict. With our donation, we hope to help those fleeing the war and those who remain in the war-torn areas.

Sofia Schörling Högberg and Märta Schörling Andreen

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Resolutions at ASSA ABLOY AB’s Annual General Meeting 24 April 2024

Assa Abloy
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2024
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04
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24
The Annual General Meeting of ASSA ABLOY AB was held on Wednesday 24 April 2024 in Stockholm, Sweden. Adoption of income statements and balance sheets and discharge from liability The Annual General Meeting adopted the parent company’s and the Group’s income statements and balance sheets for the financial year 2023. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2023. Dividend The Annual General Meeting approved the dividend of SEK 5.40 per share proposed by the Board of Directors, to be paid out in two equal installments,
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Quarterly Report Q1 2024

Assa Abloy
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2024
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04
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24
Strong execution in a challenging market First quarter · Net sales increased by 9% to SEK 35,200 M (32,391), with organic growth of –2% (8) and acquired net growth of 11% (5). Exchange- rates affected sales by 0% (9). · Organic sales growth was stable in Entrance Systems, but declined in Americas, Asia Pacific, EMEIA and in Global Technologies. · Three acquisitions with combined annual sales of about SEK 2,000 M were completed in the quarter. The divestment of PACA in France was finalized. · Operating income[1] (EBIT) increased by 5% and amounted to SEK 5,427 M (5,186),
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Hexagon acquires Xwatch to strengthen its construction safety portfolio

Hexagon
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2024
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04
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23
Hexagon, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the acquisition of Xwatch Safety Solutions. Xwatch provides machine control hardware and software technologies designed to enhance safety protocols on construction sites. This includes height control, slew control, and rated capacity indication (RCI) for heavy machinery, allowing operators to limit an excavator's height and set side boundaries to define a working zone, significantly increasing safety around a machine. Xwatch has previously partnered with Hexagon’
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