Stockholm - Stockholm Delayed Price. Currency in SEK
165.20-0.70 (-0.42%)
At close: 11:29 AM EDT
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Prev Close165.90
Bid165.10 x
Ask165.20 x
Day's Range0.00 - 0.00
52wk Range
1y Target EstN/A
Market Cap183.5B
P/E Ratio (ttm)23.37
Avg Vol (3m)1,977,517
Dividend & YieldN/A (N/A)
Earnings DateN/A
  • Reuters5 days ago

    Assa Abloy says China unit executives inflated 2015 sales

    Sweden's Assa Abloy , the world's biggest lockmaker, said on Friday it had fired several executives at acquired companies in China after discovering they had inflated sales figures for 2015. Assa Abloy corrected the irregularities in its third-quarter report published on Friday, taking a 260 million crown ($29 million) hit to operating profit and sending its shares down as much as 8.6 percent in its biggest one-day fall in eight months. "2015 was a tough year and I was standing here saying we did better than the market and unfortunately I was wrong," Chief Executive Johan Molin told a news conference.

  • Barrons.com2 months ago

    [$$] Assa Abloy Quietly Unlocks Tech-Driven Profits

    Dow Jones Global Indexes | Global Stock Markets Swedish lockmaker Assa Abloy has used a mix of savvy deal making and technical innovation to transform itself into a leading player in a once staid and fragmented market, something some investors believe will open the door to much more growth. Bill Cram, principal and senior global research analyst with fund manager Aristotle Capital, says the company remains an underappreciated gem. Over the years, [it] has morphed into more of a technology company,” he says.

  • Bloomberg3 months ago

    Assa Abloy Profit Beats Estimates as Europe Offsets Weak Asia

    Assa Abloy AB, the world’s largest lockmaker, reported second-quarter profit that beat analysts’ estimates as growth in Europe and the U.S. offset weakness in China.