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Swedish lockmaker Assa Abloy AB on Tuesday reported a 3% rise in third-quarter operating profit and its highest quarterly margin in a decade, as growth from acquisitions and solid demand in most regions offset currency headwinds and a sales decline in China.
ASSA ABLOY AB said Thursday it has acquired Kentix GmbH, a German manufacturer of monitoring and access control products for data centers, continuing its strategy of expanding through acquisitions.
Swedish lockmaker Assa Abloy AB on Thursday reported a slight rise in second-quarter profit as strong underlying demand and acquisitions were canceled out by unfavorable currency movements that erased its sales growth.
| 18 Jul 2016 |
| ASSA ABLOY acquires Nassau in Denmark | 15 Jun 2016 |
| ASSA ABLOY acquires Mauer in Bulgaria | 19 May 2016 |
| Resolutions at the Annual General Meeting 2016 | 27 Apr 2016 |
| A good start to the year for ASSA ABLOY | 27 Apr 2016 |