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ASSA ABLOY AB (publ) (ASSA-B.ST)

Stockholm - Stockholm Real-time price. Currency in SEK
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232.50-0.20 (-0.09%)
At close: 05:29PM CEST
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Previous close232.70
Open234.00
Bid232.30 x 0
Ask232.40 x 0
Day's range232.20 - 237.80
52-week range220.00 - 290.60
Volume1,549,471
Avg. volume1,705,412
Market cap256.515B
Beta (5Y monthly)0.62
PE ratio (TTM)27.69
EPS (TTM)8.40
Earnings dateN/A
Forward dividend & yield4.20 (1.80%)
Ex-dividend date21 Nov 2022
1y target est287.56
  • Reuters

    Component shortages hamper sales growth at Assa Abloy as profit lags forecast

    STOCKHOLM (Reuters) -Assa Abloy said on Wednesday material shortages and supply chain problems would continue to impact its markets, after posting third-quarter profit below market expectations. The world's biggest lockmaker said it expected growth in Europe and the Americas to recover to normal levels ahead, while its travel-related business was recovering slowly. Like-for-like sales growth came in at 7%, helped by the reopening of societies in most of Assa's core markets during the quarter.

  • Reuters

    Assa Abloy buys Spectrum home improvement business for $4.3 billion

    U.S. lockmaker Spectrum Brands Holdings Inc has agreed to sell its hardware and home improvement division to Swedish rival Assa Abloy for $4.3 billion in cash. Shares in Assa Abloy rose 6.2% in early trade on Thursday, buoyed by the deal and the prospects for expansion beyond its commercial business in North America into the residential market. "In summary, a great addition to Assa Abloy Group; really the missing piece for us in the Americas and in North America, the U.S. in particular," CEO Nico Delvaux told analysts and reporters.

  • Reuters

    Lockmaker Assa Abloy's profits soar, but travel-related sales lag

    Sweden's Assa Abloy, the world's biggest lockmaker, beat expectations with a 71% jump in second-quarter operating profit on Monday, saying demand picked up in many of its markets even as travel-related sectors, such as hotels, still lagged. The company - whose products range from security doors and automated entrance solutions to electronic and mechanical locks under a wide range of brands such as Yale, said sales returned to or exceeded pre-pandemic levels in three divisions including its biggest, Entrance Systems. Assa Abloy said its Global Technologies division grew like-for-like sales by 17% though volumes in travel-related segments, such as hotels, which it supplies with key cards, in-room safes and electronic door locks, still remained lower than before the pandemic.