STOCK TITAN

Assa Abloy AB - ASAZY STOCK NEWS

Welcome to our dedicated news page for Assa Abloy AB (Ticker: ASAZY), a resource for investors and traders seeking the latest updates and insights on Assa Abloy AB.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Assa Abloy AB's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Assa Abloy AB's position in the market.

Rhea-AI Summary
ASSA ABLOY acquires Messerschmitt Systems, a German developer of access control solutions for the hospitality market, to strengthen its position in developed markets. The acquisition aims to add complementary products and accelerate growth in the DACH region and Middle East.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.06%
Tags
-
Rhea-AI Summary
ASSA ABLOY publishes Sustainability Report 2023, showing significant reductions in carbon emissions, water intensity, waste intensity, and injury rate. The company remains committed to ambitious sustainability targets for 2025 and beyond.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
Tags
none
-
Rhea-AI Summary
ASSA ABLOY, the global leader in access solutions, has released its Annual Report 2023, available on their website. The report provides insights into the company's financial performance and strategic direction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
Tags
none
News
Rhea-AI Summary
The press release highlights the strong financial performance of the company in a challenging market. Net sales increased by 12% to SEK 36,970 M, with organic sales growth of 0% and acquired net growth of 11%. Operating income increased by 11% to SEK 5,722 M, with an operating margin of 15.5%. The Board of Directors proposes a dividend of SEK 5.40 per share for 2023. The company also saw strong growth in operating cash flow and earnings per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
-
Rhea-AI Summary
ASSA ABLOY has sold its elevator maintenance business PACA ascenseur in France to KONE. PACA, part of the agta record acquisition in 2020, has 210 employees and had sales of [sales figure] in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
Tags
none
-
Rhea-AI Summary
ASSA ABLOY has announced the acquisition of Amecor (Pty) Ltd, a South African manufacturer of security communication equipment, to strengthen its position in the South African security market. The acquisition is part of the company's strategy to expand its presence in the region and leverage synergies with its electronic security solutions business. Amecor, with a 30-year history, is expected to enhance ASSA ABLOY's commitment to the South African and Sub-Saharan markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.31%
Tags
Rhea-AI Summary
ASSA ABLOY (ASAZY) has acquired Ghost Controls, a US supplier of automated residential gate openers. The acquisition aims to strengthen ASSA ABLOY's position in mature markets by adding complementary products and solutions to its core business. Ghost Controls, founded in 2015, has shown impressive development within the residential gate automation industry and had sales amounting to [insert sales figure for 2022] in 2022. The acquisition is expected to enhance ASSA ABLOY's product offerings and innovation capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.16%
Tags
-
Rhea-AI Summary
ASSA ABLOY (ASAZY) has acquired Leone Fence, a Canadian manufacturer, distributor, and installer of fencing products for commercial and residential applications. The acquisition aims to strengthen ASSA ABLOY's perimeter security offering in the Canadian market. Leone Fence, founded in 1975, has approximately 60 employees and reported sales of [Sales for 2022] in Ontario, Canada.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
Tags
-
News
Rhea-AI Summary
ASSA ABLOY reports strong Q3 2023 results with a 16% increase in net sales and a record high operating margin. The company signed ten acquisitions in the quarter, contributing to long-term growth. Strong long-term growth trends in sustainability and digitalization support profitable growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
Tags
Rhea-AI Summary
ASSA ABLOY AB has announced the members of the Nomination Committee for the 2024 Annual General Meeting. The committee will prepare proposals for the election of board members, auditors, and fees for various positions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
Tags
none
Assa Abloy AB

OTC:ASAZY

ASAZY Rankings

ASAZY Stock Data

31.25B
970.43M
0.28%
Electrical Contractors and Other Wiring Installation Contractors
Construction
Link
Sweden
Stockholm