|Day's range||190.70 - 192.20|
|52-week range||159.60 - 198.40|
|PE ratio (TTM)||30.67|
|Dividend & yield||0.34 (1.53%)|
|1y target est||N/A|
Sweden's Assa Abloy , the world's biggest lockmaker, said on Friday it had fired several executives at acquired companies in China after discovering they had inflated sales figures for 2015. Assa Abloy corrected the irregularities in its third-quarter report published on Friday, taking a 260 million crown ($29 million) hit to operating profit and sending its shares down as much as 8.6 percent in its biggest one-day fall in eight months. "2015 was a tough year and I was standing here saying we did better than the market and unfortunately I was wrong," Chief Executive Johan Molin told a news conference.
Assa Abloy AB, the world’s largest lockmaker, reported second-quarter profit that beat analysts’ estimates as growth in Europe and the U.S. offset weakness in China.
Assa Abloy AB, the world’s largest lockmaker, fell the most in more than seven years, weighed down by concern about weakening margins and slower revenue growth.