|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||23.20 - 23.20|
|52 Week Range||16.50 - 25.25|
|Beta (3Y Monthly)||0.60|
|PE Ratio (TTM)||65.17|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Assa Abloy, the world's biggest lock maker, said on Wednesday weaker construction signals and geopolitical challenges had increased uncertainty in some of its markets, as it posted profit growth that matched expectations. Assa Abloy, which has been highly acquisitive and whose rivals include Allegion and Stanley Black & Decker , said the jump came due to strong sales as well as margin growth. Sales growth before acquisitions however slowed to 3%, from 5% in the previous quarter as well as a year earlier.
STOCKHOLM , July 17, 2019 /PRNewswire/ -- Second quarter Net sales increased by 11% to SEK 23,544 M (21,140), with organic growth of 3% (5) and acquired net growth of 4% (2) Strong growth in Americas and ...
STOCKHOLM , June 12, 2019 /PRNewswire/ -- ASSA ABLOY has signed an agreement to acquire the international identity solutions business of De La Rue, a leading passport manufacturer based in the UK. "De ...
STOCKHOLM , April 25, 2019 /PRNewswire/ -- First quarter Net sales increased by 16% to SEK 21,505 M (18,550), with organic growth of 5% (4) and acquired net growth of 3% (2) Strong growth in Americas, ...
STOCKHOLM , March 29, 2019 /PRNewswire/ -- ASSA ABLOY has acquired Spence Doors, a leading manufacturer of commercial doors in Australia . "I am very pleased to welcome Spence Doors and their employees ...
Assa Abloy, the world's biggest lock maker, beat quarterly sales forecasts on Tuesday, boosted by strong demand for its electronic devices. Fourth-quarter operating profit before restructuring and other one-off costs rose to 3.75 billion Swedish crowns (£315.2 million) from 3.36 billion crowns in the same period a year earlier, matching analysts' expectations. Assa Abloy, which has more than doubled sales over a decade and outgrown rivals helped by acquisitions in a fragmented market, is betting on an accelerating shift from mechanical locks to hi-tech alternatives ranging from fingerprint scanners to smartphone-activated systems.
STOCKHOLM , Jan. 14, 2019 /PRNewswire/ -- ASSA ABLOY has signed an agreement to acquire KEYper Systems, a leading supplier of electronic and mechanical key management systems in the US with a strong presence ...
Rather, the smart lock maker announced this morning that it will be bringing its technology to three new locks from Emtek. Like August, Emtek is a part of the Swedish conglomerate Assa Abloy. The implementation of the technology will be similar to August’s relationship with fellow Assa Abloy brand, Yale, where the more tech-savvy startup will essentially power the lock’s smart capabilities.
STOCKHOLM , Dec. 19, 2018 /PRNewswire/ -- ASSA ABLOY has acquired Luxer One, a leading advanced package locker solutions business in the US. "I am very pleased to welcome Luxer One into the ASSA ABLOY ...
With this backdrop, U.S. equities as measured by the S&P 500 Index set new highs over the third quarter, appreciating 7.7% (USD) while the resource-oriented sectors in Canada suffered and the S&P/TSX Composite dropped 0.6% generally as a result. The stronger Canadian dollar did temper an otherwise steady period for overall investment performance. In Canadian dollar terms, the MSCI All-Country World Index (ACWI) gained 2.5%, the S&P 500 Index gained 5.8%, the MSCI ACWI ex-USA fell 1.0%, the MSCI Emerging Markets Index dropped 2.8% and the FTSE Canada Universe Bond Index posted a 1.0% drop.
STOCKHOLM , Sept. 28, 2018 /PRNewswire/ -- Erik Pieder has been appointed CFO and Executive Vice President of the ASSA ABLOY Group effective April 1st, 2019 , at the latest. He succeeds Carolina Dybeck ...