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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.
| 7 Feb 2013 |
| ASSA ABLOY has completed 100 acquisitions since 2005 | 9 Jan 2013 |
| ASSA ABLOY acquires 4Front in the US | 27 Dec 2012 |
| Continued good performance by ASSA ABLOY | 29 Oct 2012 |
| ASSA ABLOY launches ecosystem for replacing keys with mobile phones | 10 Sept 2012 |