Assa Abloy AB

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Assa Abloy AB engages in the provision of intelligent lock and security solutions. It operates through the following divisions: Europe, Middle East and Africa (EMEA), Americas, Asia Pacific, Global Technologies, and Entrance Systems. The regional divisions, namely EMEA, Americas, and Asia Pacific manufacture and sell mechanical and electromechanical locks, digital door locks and smart home access solutions, high-security doors, fire doors and hardware adapted to the local market’s standards and security requirements. The Global Technologies division deals with access control systems, secure card issuance, identification technology, and hotel locks. The Entrance Systems division offers entrance automation products and services. The company was founded in 1994 and is headquartered in Stockholm, Sweden.

STOCKHOLM, Aug. 18, 2021 /PRNewswire/ -- ASSA ABLOY has acquired Omni-ID, a leading manufacturer of RFID tags and industrial IoT hardware devices for passive and active tagging, tracking, monitoring and alerting applications, based in the US. "I am very pleased to welcome Omni-ID into the ASSA ABLOY Group.

ASSA ABLOY acquires Omni-ID in the US

STOCKHOLM, Aug. 11, 2021 /PRNewswire/ -- ASSA ABLOY has acquired Capital Door Service, a leading pedestrian door distributor and service company in California, Nevada and Arizona. "I am very pleased to welcome Capital Door Service into the ASSA ABLOY Group.

ASSA ABLOY acquires Capital Door Service in the US

ASSA ABLOY AB (publ) (ASAZF) CEO Nico Delvaux on Q2 2021 Results - Earnings Call Transcript

Sweden's Assa Abloy, the world's biggest lockmaker, beat expectations with a 71% jump in second-quarter operating profit on Monday, saying demand picked up in many of its markets even as travel-related sectors, such as hotels, still lagged.

Lockmaker Assa Abloy's profits soar, but travel-related sales lag

STOCKHOLM, July 19, 2021 /PRNewswire/ -- Significant sales growth and margin recovery Second quarter Net sales increased by 19% to SEK 23,648 M (19,953), with strong organic growth of 23% (–18) and acquired net growth of 5% (3). Currency effects amounted to –9% (0) Very strong organic sales growth was reported by EMEIA, Americas, Entrance Systems and Global Technologies.

Quarterly Report Q2 2021: ASSA ABLOY

Assa Abloy outlined largely in-line targets at its latest Capital Markets Day event. Incremental growth from emerging markets and M&A should complement secular growth in the core business.

Assa Abloy: Capital Markets Day Highlights The Case For Re-Accelerating Growth

STOCKHOLM, July 5, 2021 /PRNewswire/ -- ASSA ABLOY has signed an agreement to sell its Nordic locksmith business CERTEGO to Nalka Invest, which invests in small- and medium-sized businesses primarily in the Nordic region. This transaction reinforces the strategic focus on the core security solutions business of the ASSA ABLOY Opening Solutions EMEIA Division.

ASSA ABLOY sells its Nordic locksmith business CERTEGO to Nalka Invest

STOCKHOLM, June 2, 2021 /PRNewswire/ -- ASSA ABLOY has signed an agreement to acquire MR Group´s hardware division, a leading supplier of aluminum profile hardware and locks in Portugal. "I am very pleased to welcome the MR Group hardware division into the ASSA ABLOY Group.

ASSA ABLOY acquires MR Group´s hardware division in Portugal

STOCKHOLM, May 21, 2021 /PRNewswire/ -- ASSA ABLOY has acquired Sure-Loc, a leading supplier of residential locks and associated hardware in the US. "I am very pleased to welcome Sure-Loc into the ASSA ABLOY Group.

ASSA ABLOY acquires Sure-Loc in the USASSA ABLOY acquires Sure-Loc in the US

STOCKHOLM, May 12, 2021 /PRNewswire/ -- ASSA ABLOY has invested in Paravision, a leading provider of advanced facial recognition solutions and recognized for its world-class leadership in accuracy. "The investment in Paravision is a strategic technological investment for the ASSA ABLOY Group and will accelerate the development of biometric solutions that leverage facial recognition algorithms and provide complementary growth opportunities," says Nico Delvaux, President and CEO of ASSA ABLOY.

ASSA ABLOY invests in Paravision in the US

ASSA ABLOY AB (publ) (ASAZF) CEO Nico Delvaux on Q1 2021 Results - Earnings Call Transcript

STOCKHOLM, April 28, 2021 /PRNewswire/ -- Due to the Covid-19 pandemic the Meeting was held, pursuant to temporary legislation, only through advance voting (postal voting) without physical attendance of shareholders. 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 2020.

Resolutions at ASSA ABLOY AB's Annual General Meeting 28 April 2021

STOCKHOLM, April 28, 2021 /PRNewswire/ -- First quarter Net sales decreased by 2% to SEK 21,805 M (22,173), with good organic growth of 4% (–3) and acquired net growth of 4% (3). Currency effects amounted to –10% (3) Very strong organic sales growth was reported by Asia Pacific, Entrance Systems and EMEIA[1].

Assa Abloy: Quarterly Report Q1 2021

Assa Abloy AB (ASAZY) could produce exceptional returns because of its solid growth attributes.

Assa Abloy AB (ASAZY) is an Incredible Growth Stock: 3 Reasons Why

Assa Abloy AB (ASAZY) possesses solid growth attributes, which could help it handily outperform the market.

3 Reasons Why Assa Abloy AB (ASAZY) Is a Great Growth Stock

3 Reasons Why Growth Investors Shouldn't Overlook Assa Abloy AB (ASAZY)

STOCKHOLM, March 8, 2021 /PRNewswire/ -- ASSA ABLOY, the global leader in access solutions, has today published its Sustainability Report 2020. During 2015-2020, the Group successfully completed its sustainability program and exceeded the majority of the targets for health and safety,...

ASSA ABLOY has published its Sustainability Report 2020 and presents new ambitious sustainability program

STOCKHOLM, March 8, 2021 /PRNewswire/ -- ASSA ABLOY, the global leader in access solutions, has today published its Annual Report 2020. The report can be found on the Group's website: www.assaabloy.com. For more information, please contact: Björn Tibell, Investor Relations Officer, tel....

ASSA ABLOY's Annual Report has been published

STOCKHOLM, March 3, 2021 /PRNewswire/ -- ASSA ABLOY has acquired the textile services business of Invengo Information Technology Co., Ltd, a leading real-time inventory management platform combining software, RFID tags, equipment and services to efficiently identify, track and monitor...

ASSA ABLOY acquires Invengo´s Textile Services business unit in France

STOCKHOLM, Feb. 8, 2021 /PRNewswire/ -- ASSA ABLOY has acquired Technology Solutions (TSL) in the UK, a global provider of radio frequency identification (RFID) handheld readers. TSL designs, develops and manufactures ruggedized mobile RFID readers and other multi-technology, mobile...

ASSA ABLOY acquires Technology Solutions in the UK

ASSA ABLOY AB (publ) (ASAZF) CEO Nico Delvaux on Q4 2020 Results - Earnings Call Transcript

STOCKHOLM, Feb. 5, 2021 /PRNewswire/ -- Fourth quarter Net sales decreased by 7% to SEK 23,298 M (24,946), with organic growth of -5% (1) and acquired/divested net growth of 5% (3) EMEA and Entrance Systems reported stable organic sales development. Organic sales declined in Asia Pacific...

Quarterly Report Q4 2020

Assa Abloy AB (ASAZY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Assa Abloy AB (ASAZY) Upgraded to Buy: What Does It Mean for the Stock?

STOCKHOLM, Jan. 14, 2021 /PRNewswire/ -- ASSA ABLOY has sold its Italian residential door business within Gardesa to Italy-based Bertolotto and is in the final stages to sell its remaining shutter business. Gardesa is an Italian manufacturer of residential security doors and roller...

ASSA ABLOY sells Gardesa in Italy

STOCKHOLM, Nov. 24, 2020 /PRNewswire/ -- The Extraordinary General Meeting today resolved in accordance with the Board's proposal to pay a dividend of SEK 1.85 per share. The record date was set to Thursday 26 November 2020 and the dividend is expected to be distributed by Euroclear...

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