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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.
| 17 Nov 2011 |
| ASSA ABLOY acquires Albany Door Systems | 28 Oct 2011 |
| ASSA ABLOY: Good performance on a weak market | 28 Oct 2011 |
| ASSA ABLOY's sales of Lorentzen & Wettre completed | 3 Oct 2011 |
| Changes in ASSA ABLOY's Group Management | 28 Sept 2011 |