AGTA RECORD overview

EU Commission Clears ASSA ABLOY's Acquisition of agta record, Subject to Conditions PR Newswire STOCKHOLM, Feb. 28, 2020 STOCKHOLM , Feb. 28, 2020 /PRNewswire/ -- ASSA ABLOY has received phase 1 conditional clearance by the EU Commission for ASSA ABLOY, as a 39% shareholder in the Swiss company agta record, to indirectly acquire the 54% shareholding in agta record from the shareholders of agta finance (the "Acquisition"). Closing of the Acquisition is expected in the second half of 2020 after...

The Swiss company agta record announces that the shareholders of the family-held company 3B Finance GmbH, CM-CIC Investissement and the Banque Fédérative du Crédit Mutuel (Crédit Mutuel Alliance Fédérale) have decided to accept the offer received from Assa Abloy, which already is a 39% shareholder in agta record, to acquire all of the shares in 3B Finance GmbH and Agta Finance, i.e. the holding company of the agta record group. Thus, agta record group announces that the shareholders of 3B...

Consolidated sales 2017 (January 1 through December 31, 2017) In EUR million - unaudited 2017 2016 Change Total 12 months 367.1 351.9 +4.3% 12 months sales at constant exchange rates 371.6 351.9 +5.6% The maintenance and service business contributed with growth of more than 3%, which happened on top of high growth in 2016, to overall sales growth and achieved sales of EUR 146.8 million in 2017. The weakness of the British Pound and to a smaller extent of the Swiss Franc (especially towards the...

2017 sales growth expectations of 4-5% confirmed Group sales (1st January au 30th September) En € million – unaudited 2017 2016 Variation First half year 175.5 166.6 +5.3% Third quarter 85.8 84.3 +1.8% Total first nine months 261.3 250.9 +4.1% Sales at constant exchange rates 263.8 250.9 +5.1% Order intake grew by 5.4% versus prior year during the first 9 months of 2017. Assuming a stable Euro versus Swiss Franc rate, the Group confirming full-year sales growth expectations of 4-5% despite...

Improved profitability Groupe key figures (January - June) In MEUR 30.06.17 % 30.06.16 % Variation Turnover 175.5 100.0 166.6 100.0 +5.3% Gross profit 128.6 73.3 119.7 71.8 +7.4% Personnel expenses 83.7 47.7 78.1 46.9 +7.2% Structure cost 25.4 14.5 24.3 14.6 +4.5% EBITA 20.2 11.5 18.0 10.8 +12.2% EBIT 13.3 7.6 11.6 7.0 +14.7% Financial result 0.0 - (0.8) (0.5) - Profit for the period 10.2 5.8 8.4 5.0 +21.4% The gross margin increased considerably, benefitting from reduced production costs in...

Solid growth in order intake – Confirmation of 2017 goals Growth of order intake reached 7.1 % com­pared to the same period last year which allows the group to confirm its 2017 goals for sales growth (4 – 5 % excluding acquisi­tions) and EBITDA, the latter expected to improve over-proportionately. Half-year sales (January – June) – unaudited In EUR million 2017 2016 Change First quarter 84.5 77.8 +8.6% Second quarter 89.8 89.5 +0.3% Total first half-year 174.3 167.3 +4.2% Thereof...

First quarter sales 2017: very good start for order intake and sales First quarter sales (January - March) In EUR million - Unaudited 2017 2016 Change Sales 84.5 77.8 +8.5% Thereof service and maintenance 34.9 32.7 +6.6% At previous year exchange rates 84.9 77.8 +9.0% Sales growth is mainly due to a good performance of record France (+12.5%) and record UK (+29.7%). Order intake is up 12.3%, almost all group subsidiaries reporting satisfying growth. The decline of the British Pound and the end of...

Solid turnover growth of 8.1 % - Pound Sterling weakness and restructuring cost negatively impact profitability Group key figures (January - December) In EUR million 2016 % 2015 % Change Turnover 351.9 100.0% 325.5 100.0% +8.1% Gross margin 255.2 72.5% 235.2 72.3% +8.5% Personnel expenses 160.7 45.7% 144.2 44.3% +11.4% Structure cost 56.3 16.0% 53.5 16.4% +5.3% EBITDA 48.3 13.7% 46.8 14.4% +3.1% EBITA 40.0 11.4% 39.2 12.0% +2.1% EBIT 29.7 8.4% 34.9 10.7% -15.1% Financial result -1.4 -0.3% -2.0...