Latest news with #MSEK
Yahoo
6 days ago
- Business
- Yahoo
ASSA ABLOY acquires Kingspan Door Components in Belgium
STOCKHOLM, June 4, 2025 /PRNewswire/ -- ASSA ABLOY has acquired Kingspan Door Components, a Belgian manufacturer offering a large range of high-quality door panels for sectional doors for both residential and industrial applications. "I am very pleased to welcome Kingspan Door Components to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY. "Integrating Kingspan Door Components into the Entrance Systems Division allows us to expand our innovative and competitive component portfolio. This will enable us to provide our customers with an even broader selection of high-quality sectional door panels," says Massimo Grassi, Executive Vice President of ASSA ABLOY and Head of Entrance Systems Division. Kingspan Door Components was founded in 1983 and has some 70 employees. The main office and factory are located in Leuze-En-Hainaut, Belgium. Kingspan Door Components will be part of Sectional Doors and Components in the business segment Industrial within the Entrance Systems Division. Sales for 2024 amounted to about MEUR 25 (approx. MSEK 290). The acquisition will initially be dilutive to EPS. For more information, please contact: Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72 Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, e-mail: About ASSA ABLOY ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 63,000 employees and sales of SEK 150 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places. This information was brought to you by Cision The following files are available for download: Press release (PDF) kingspan-door-components-photo-panels View original content: SOURCE ASSA ABLOY Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
ASSA ABLOY acquires Kingspan Door Components in Belgium
STOCKHOLM, June 4, 2025 /PRNewswire/ -- ASSA ABLOY has acquired Kingspan Door Components, a Belgian manufacturer offering a large range of high-quality door panels for sectional doors for both residential and industrial applications. "I am very pleased to welcome Kingspan Door Components to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY. "Integrating Kingspan Door Components into the Entrance Systems Division allows us to expand our innovative and competitive component portfolio. This will enable us to provide our customers with an even broader selection of high-quality sectional door panels," says Massimo Grassi, Executive Vice President of ASSA ABLOY and Head of Entrance Systems Division. Kingspan Door Components was founded in 1983 and has some 70 employees. The main office and factory are located in Leuze-En-Hainaut, Belgium. Kingspan Door Components will be part of Sectional Doors and Components in the business segment Industrial within the Entrance Systems Division. Sales for 2024 amounted to about MEUR 25 (approx. MSEK 290). The acquisition will initially be dilutive to EPS. For more information, please contact: Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72 Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, e-mail: About ASSA ABLOY ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 63,000 employees and sales of SEK 150 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places. This information was brought to you by Cision The following files are available for download: Press release (PDF) kingspan-door-components-photo-panels View original content: SOURCE ASSA ABLOY Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
Interim Report January
First quarter 2025 (compared to first quarter 2024) Net sales for the quarter decreased to MSEK 6 (13) Gross margin for the quarter increased to 69% (67%) Operating loss amounted to MSEK -13 (-14) Net income for the period decreased to MSEK -37 (-2) Earnings per share before and after dilution decreased to SEK -0.02 (0.00) Events after the reporting period On 29 April 2025, the company launched inq, a new consumer brand featuring redesigned smartpens, notebooks, accessories, and software. The product line integrates handwriting with digital technology using advanced AI recognition. Pre-orders began in the U.S. with fulfilment initially expected from early May. However, the fulfilment of pre- orders has been delayed until the start of June. The launch marks a strategic expansion in B2C sales and does not materially impact the financial statements for the reporting period. On 29 April 2025, the company announced that it has entered into a convertible loan agreement with two of its major shareholders. Under the terms of the agreement, the lenders will provide a secured loan of USD 750,000 with conversion rights. Proceeds from the loan will be used to accelerate the manufacture, launch, and marketing of Anoto's new digital pen and software platform, branded under the name 'inq.' The loan will be repaid in twelve (12) equal monthly instalments beginning on October 22, 2025, with a final maturity date of October 22, 2026. The outstanding principal will accrue interest at a rate of 10.00% per annum. Interest is payable on the final maturity date unless converted into ordinary shares of Anoto. Each lender has the right to request conversion of all or part of the outstanding loan amount, including accrued interest, into newly issued ordinary shares of the Company. The conversion price is fixed at SEK 0.15 per share, representing a 66.67% premium to quota value, with a fixed exchange rate of SEK 9.65/USD applied for conversion purposes. The loan is secured under a convertible investment agreement. The security package includes a first-ranking floating charge of SEK 20 million over the assets of Anoto AB, and a share pledge over Anoto AB's shares in KAIT Knowledge AI Holdings Pte. Ltd. The report for January – March 2025 is available in its entirety on the following address: For further information contact: Kevin Adeson, Chairman of the Board of Directors For more information about Anoto, visit or email ir@ Anoto Group AB (publ), 556532-3929, Flaggan 1165, 116 74 Stockholm This information constitutes inside information as Anoto Group AB (publ) is obliged to disclose under the EU Market Abuse Regulation 596/2014. The information was provided by the contact person above for publication on 30 May 2025 at 20:00 CEST. About Anoto Group Anoto Group AB (Nasdaq Stockholm: ANOT) is a publicly held Swedish technology company and the original inventor of the digital pen and dot pattern technology. Anoto develops intelligent pens, paper and software that seamlessly bridge handwritten input and the digital world. Its core business lines include 'inq' and 'Livescribe' retail products as well as enterprise workflow solutions. Anoto's smartpens are used globally by students, professionals, and organizations to enhance productivity, creativity, and data capture. With a renewed focus on high-quality design, software innovation, and customer experience, Anoto is driving the next generation of digital writing. Attachments Anoto Interim Report - Q1 2025 (SV) Anoto Q1 2025 Interim Report Press Release (SV)Sign in to access your portfolio
Korea Herald
19-05-2025
- Business
- Korea Herald
Cell Impact delivers flow plates and test tools to a major player in Asia
KARLSKOGA, Sweden, May 19, 2025 /PRNewswire/ -- Cell Impact AB (publ) has signed an agreement to deliver test tools to a leading industrial player in Asia. The deal confirms Cell Impact's attractive offering and its unique forming technology. The agreement is a follow-up order from a customer with whom Cell Impact has previously conducted development projects. "The tests of our forming technology conducted by this customer have been successful, which has laid the foundation for today's agreement. This is a process we have seen before. Successful tests of Cell Impact Forming™ lead to new business, which in turn is a prerequisite for future volume production," says Mr. Daniel Vallin, CEO of Cell Impact. The order includes both flow plates and a test tool that will be used to manufacture customized flow plates. Delivery will take place during the second quarter, and the order value amounts to MSEK 0.6. Photo: About Cell Impact Cell Impact AB (publ) is a global supplier of advanced flow plates to fuel cell and electrolyzer manufacturers. The company has developed and patented a unique method for high velocity forming, Cell Impact Forming™ which is significantly more scalable and cost-efficient compared to conventional forming methods. Cell Impact Forming is an environmentally friendly forming technology that consumes no water and very little electrical power. The Cell Impact share is listed on Nasdaq First North Growth Market and FNCA Sweden AB is the company's Certified Advisor (CA).
Cision Canada
19-05-2025
- Business
- Cision Canada
Cell Impact delivers flow plates and test tools to a major player in Asia
KARLSKOGA, Sweden, May 19, 2025 /CNW/ -- Cell Impact AB (publ) has signed an agreement to deliver test tools to a leading industrial player in Asia. The deal confirms Cell Impact's attractive offering and its unique forming technology. The agreement is a follow-up order from a customer with whom Cell Impact has previously conducted development projects. "The tests of our forming technology conducted by this customer have been successful, which has laid the foundation for today's agreement. This is a process we have seen before. Successful tests of Cell Impact Forming™ lead to new business, which in turn is a prerequisite for future volume production," says Mr. Daniel Vallin, CEO of Cell Impact. The order includes both flow plates and a test tool that will be used to manufacture customized flow plates. Delivery will take place during the second quarter, and the order value amounts to MSEK 0.6. Photo: About Cell Impact Cell Impact AB (publ) is a global supplier of advanced flow plates to fuel cell and electrolyzer manufacturers. The company has developed and patented a unique method for high velocity forming, Cell Impact Forming™ which is significantly more scalable and cost-efficient compared to conventional forming methods. Cell Impact Forming is an environmentally friendly forming technology that consumes no water and very little electrical power. The Cell Impact share is listed on Nasdaq First North Growth Market and FNCA Sweden AB is the company's Certified Advisor (CA).
