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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.
| 3 Dec 2007 |
| Adjustment of the financial objectives | 29 Nov 2007 |
| ASSA ABLOY s CrescendoTM Smart Card has earned the "Works With Windows Vista" logo | 13 Nov 2007 |
| Strong progress for ASSA ABLOY - continued growth and improved profits in all divisions | 8 Nov 2007 |
| Presentation of ASSA ABLOY s Interim Report January-September 2007 on 8 November | 1 Nov 2007 |
| ASSA ABLOY acquires majority stake in iRevo | 11 Sept 2007 |