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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.
| 26 Apr 2007 |
| ASSA ABLOY - off to an excellent start | 25 Apr 2007 |
| Annual General Meeting in ASSA ABLOY AB - The board proposes global incentive program | 28 Mar 2007 |
| ASSA ABLOY publishes Annual Report for 2006 | 19 Mar 2007 |
| ASSA ABLOY makes acquisitions in the U.S., Israel and the Netherlands | 15 Mar 2007 |