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Tag Archives: Assa Abloy
What Recession? Glass Companies See Improved Numbers in 2023
Despite the persistent threat of a recession, labor shortages and various other economic and social concerns, demand in North America for architectural glass and glass-related systems has remained strong. According to several publicly traded companies, this is due to a … Continue reading
ASSA ABLOY Reports Improved Sales in Q2 2023 Financial Report
ASSA ABLOY reported a strong 2023 quarter two (Q2) performance despite low activity levels in residential new construction and slower sales in certain regions. Financial data released by the security solutions provider shows that Q2 net sales grew by 17%, … Continue reading
ASSA ABLOY Divests Emtek and Smart Residential Business to Fortune Brands
ASSA ABLOY announced it completed the acquisition of Spectrum Brands’ Hardware and Home Improvement division (HHI) and the divestment of its U.S.- and Canada-based Emtek and Smart Residential business to Fortune Brands Innovation Inc. HHI was consolidated into ASSA ABLOY … Continue reading
Posted in News, Today's News
Tagged Assa Abloy, August, Emtek, Fortune Brands Innovation Inc., Yale
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ASSA ABLOY Board Chair Declines Re-election
ASSA ABLOY’s board of directors chairman, Lars Renström, says that he will not be available for re-election at the company’s next Annual General Meeting. Renström has been a member of the board since 2008 and has been chairman since 2012. … Continue reading
SBTi Validates ASSA ABLOY’s Climate Goals
ASSA ABLOY’s sustainability goals were validated by the Science Based Targets initiative (SBTi), the global supplier of intelligent access solutions announced. The company aims to halve its greenhouse gas emissions by 2030 and reach net zero by 2050. Those goals … Continue reading
Posted in News, Today's News
Tagged Assa Abloy, energy, glass, greenhouse gas emissions, SBTi, sustainability
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