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

Stockholm - Stockholm Real-time price. Currency in SEK
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262.70+0.70 (+0.27%)
At close: 5:29PM CEST
Full screen
Previous close262.00
Open264.30
Bid262.50 x 0
Ask262.60 x 0
Day's range260.20 - 265.30
52-week range188.20 - 290.60
Volume1,173,615
Avg. volume1,353,026
Market cap291.802B
Beta (5Y monthly)0.55
PE ratio (TTM)30.52
EPS (TTM)8.61
Earnings dateN/A
Forward dividend & yield3.90 (1.41%)
Ex-dividend date22 Nov 2021
1y target estN/A
  • 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.

  • Bloomberg

    Spectrum Brands Sells Hardware Unit to Assa for $4.3 Billion

    (Bloomberg) -- Spectrum Brands Inc., the consumer-goods company that owns Pfister faucets and Cutter bug spray, agreed to sell its hardware and home improvement division to Swedish lockmaker Assa Abloy AB for $4.3 billion in cash.Spectrum expects to receive net proceeds of $3.5 billion, which will be used to repay debt, reduce its leverage ratio and potentially fund future acquisitions, the company said Wednesday in a statement that confirmed an earlier report by Bloomberg News. The deal is expe

  • 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.