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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.
| 15 Dec 2015 |
| New chairman in ASSA ABLOY’s Nomination Committee | 4 Nov 2015 |
| Another strong quarter for ASSA ABLOY | 20 Oct 2015 |
| ASSA ABLOY acquires control of Nergeco SA in France | 19 Oct 2015 |
| The year continues strongly for ASSA ABLOY | 17 Jul 2015 |