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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.
| 9 Jun 2008 |
| Annual General Meeting of Shareholders in ASSA ABLOY AB | 24 Apr 2008 |
| Stable development for ASSA ABLOY despite weak sales in the first quarter | 23 Apr 2008 |
| ASSA ABLOYs annual report available on the website | 27 Mar 2008 |
| Annual General Meeting of Shareholders in ASSA ABLOY AB | 19 Mar 2008 |