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AssaAbloy

News

Reuters - 1 week ago

Toppan Holdings To Acquire Sweden-Based Assa Abloy's National Identification Card Business For Slightly Less Than 20 Billion Yen, Nikkei Says

BRIEF-Toppan Holdings To Acquire Sweden-Based Assa Abloy's National Identification Card Business For Slightly Less Than 20 Billion Yen, Nikkei Says Oct 24 (Reuters) - TOPPAN Holdings Inc 7911.T : TOPPAN HOLDINGS TO ACQUIRE SWEDEN-BASED ASSA ABLOY'S NATIONAL IDENTIFICATION CARD BUSINESS FOR SLIGHTLY LESS THAN 20 BILLION YEN, NIKKEI SAYS Source text
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Reuters - 1 week ago

Assa Abloy, Kering, L'Oréal

EUROPE RESEARCH ROUNDUP-Assa Abloy, Kering, L'Oréal Oct 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Assa Abloy, Kering and L'Oréal, on Thursday. HIGHLIGHTS * Assa Abloy ASSAb.ST : Deutsche Bank raises target price to SEK 305 from SEK 300 * Barratt Redrow Plc BTRW.L : Morgan Stanley cuts target price to 580p from 600p * Dowlais Group Plc DWL.L : Citigroup raises to neutral from sell * Kering PRTP.PA : JP Morgan cuts target
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Reuters - 1 week ago

Assa Abloy Q3 operating profit beats market expectations

UPDATE 2-Assa Abloy Q3 operating profit beats market expectations Adds share move in paragraph 3 Oct 23 (Reuters) - Sweden's Assa Abloy ASSAb.ST , the world's biggest lockmaker, reported on Wednesday a bigger-than-expected third quarter operating profit helped by cost cuts and savings resulting from acquisitions. The Swedish group's operating profit, excluding items affecting comparability, grew to 6.26 billion Swedish crowns ($593.7 million) from 5.78 billion in the same period a year ago.
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Reuters - 1 week ago

Assa Abloy Q3 operating profit beats market expectations

Assa Abloy Q3 operating profit beats market expectations Oct 23 (Reuters) - Sweden's Assa Abloy ASSAb.ST , the world's biggest lockmaker, reported on Wednesday a bigger-than-expected rise in third quarter operating profit. The Swedish group's operating profit, excluding one-off items, grew to 6.26 billion Swedish crowns ($593.7 million) from 5.78 billion in the same period a year ago.
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Reuters - 1 week ago

Assa Abloy Keeps Target Level Of 16-17% Operating Margin

BRIEF-Assa Abloy Keeps Target Level Of 16-17% Operating Margin Oct 23 (Reuters) - Assa Abloy AB ASSAb.ST : Q3 ORGANIC SALES GROWTH WAS GOOD IN AMERICAS AND GLOBAL TECHNOLOGIES, STABLE IN EMEIA, WHILE ORGANIC SALES DECLINED IN ENTRANCE SYSTEMS AND ASIA PACIFIC TARGET LEVEL OF 16-17% OPERATING MARGIN REMAINS UNCHANGED OPERATING PROFIT AND MARGIN IMPR
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Reuters - 2 weeks ago

ASSA ABLOY Enters Into An Agreement To Sell Citizen ID

BRIEF-ASSA ABLOY Enters Into An Agreement To Sell Citizen ID Oct 18 (Reuters) - Assa Abloy AB ASSAb.ST : ASSA ABLOY ENTERS INTO AN AGREEMENT TO SELL CITIZEN ID Source text for Eikon: ID:nPn3y9Cq2a Further company coverage: [ASSAb.ST]
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Reuters - 2 weeks ago

Assa Abloy Enters Into Agreement To Sell Citizen ID

BRIEF-Assa Abloy Enters Into Agreement To Sell Citizen ID Oct 18 (Reuters) - Assa Abloy AB ASSAb.ST : ASSA ABLOY ENTERS INTO AN AGREEMENT TO SELL CITIZEN ID CITIZEN ID HAS SOME 450 EMPLOYEES WITH MANUFACTURING FACILITIES IN IRELAND, MALTA AND US CITIZEN ID SALES IN 2023 AMOUNTED TO ABOUT SEK 1,300 M. TRANSACTION EXPECTED TO CLOSE IN Q1 2025 PENDING
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Reuters - 4 weeks ago

Bureau Veritas, Covestro AG, Redcare Pharmacy NV

EUROPE RESEARCH ROUNDUP-Bureau Veritas, Covestro AG, Redcare Pharmacy NV Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bureau Veritas, Covestro AG and Redcare Pharmacy NV, on Wednesday. HIGHLIGHTS * British Land BLND.L : Deutsche Bank raises to buy from hold * Bureau Veritas BVI.PA : JP Morgan cuts to neutral from overweight * Covestro AG 1COV.DE : Jefferies cuts to hold from buy * Redcare Pharmacy NV RDC.DE : HSBC raises t
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Reuters - 1 month ago

ASOS, JTC, London Stock Exchange

EUROPE RESEARCH ROUNDUP-ASOS, JTC, London Stock Exchange Sept 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including ASOS, JTC and London Stock Exchange, on Thursday. HIGHLIGHTS * ASOS Plc ASOS.L : HSBC cuts to reduce from hold * JTC Plc JTC.L : RBC raises target price to 1,100p from 980p * London Stock Exchange LSEG.L : HSBC raises target price to 10,000p from 9,400p * Nordic Semiconductor ASA NOD.OL : Barclays cuts target price to NOK
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Reuters - 2 months ago

Microsoft names former GE CFO as operations chief amid AI push

UPDATE 3-Microsoft names former GE CFO as operations chief amid AI push Adds analyst comment in paragraph 7, and background on appointments earlier this year in paragraph 8 Sept 12 (Reuters) - Microsoft MSFT.O on Thursday named former GE GE.N finance chief Carolina Dybeck Happe as its chief operations officer, as the tech giant looks to bolster its leadership team while it doubles down on artificial intelligence.
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Reuters - 2 months ago

ASSA ABLOY acquires Level Lock in the US

BRIEF-ASSA ABLOY acquires Level Lock in the US Sept 10 (Reuters) - Assa Abloy AB ASSAb.ST : ASSA ABLOY ACQUIRES LEVEL LOCK IN THE US Source text for Eikon: ID:nPrecpRDta Further company coverage: [ASSAb.ST]
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Reuters - 2 months ago

Deutsche Bank takes a shine to the construction sector

LIVE MARKETS-Deutsche Bank takes a shine to the construction sector STOXX 600 down 0.3% Utilities, banks lead Luxury lags Nasdaq futures steady Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com DEUTSCHE BANK TAKES A SHINE TO THE CONSTRUCTION SECTOR Analysts at Deutsche Bank have upgraded the construction and materials sector to overweight on lower interest rates, solid earnings gro
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Reuters - 2 months ago

Draegerwerk, Hikma, Novartis

EUROPE RESEARCH ROUNDUP-Draegerwerk, Hikma, Novartis Sept 3 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Draegerwerk, Hikma and Novartis, on Tuesday. HIGHLIGHTS * Draegerwerk DRWG.DE : Jefferies raises to hold from underperform * Hikma HIK.L : Berenberg raises to buy from hold * Munters Group AB MTRS.ST : Jefferies raises to buy from hold * Novartis AG NOVN.S : Jefferies cuts to hold from buy * Swedencare AB (Publ) SECARE.ST : J
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Reuters - 2 months ago

Dormakaba reports improved core profit as it continues to cut costs

UPDATE 2-Dormakaba reports improved core profit as it continues to cut costs Adds shares in paragraph 2, CEO quotes paragraphs 4-6, analyst comment paragraph 8, confirmed mid-term guidance paragraph 9 By Tristan Veyet and Chiara Holzhaeuser Sept 3 (Reuters) - Swiss security technology group Dormakaba DOKA.S reported higher full-year core profit and margin on Tuesday, supported by the cost cutting measures it has implemented over the past year.
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Reuters - 2 months ago

Domino's Pizza Group, OSB Group, Travis Perkins

EUROPE RESEARCH ROUNDUP-Domino's Pizza Group, OSB Group, Travis Perkins Aug 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Domino's Pizza Group, OSB Group and Travis Perkins, on Monday. HIGHLIGHTS * Domino's Pizza Group Plc DOM.L : Jefferies cuts target price to 400p from 430p * Holcim HOLN.S : Deutsche Bank raises to buy from hold * OSB Group OSBO.L : Peel Hunt cuts to hold from add * Travis Perkins TPK.L : Peel Hunt raises to
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