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ABB plans to expand footprint in Malaysia, support net zero ambitions

KUALA LUMPUR: Swedish-Swiss electrification and automation leader ABB Ltd is looking into expanding its footprint in Malaysia through partnerships in . ....

Batang Ai , Kuala Lumpur , Anders Maltesen , Green Technology Financing Scheme , Petronas Liquefied Natural Gas , Malaysia Plan , National Energy Transition Roadmap ,

Investegate |ASSA ABLOY AB Announcements | ASSA ABLOY AB: Final Results

Fourth quarter
-5
% (1) and acquired/divested net growth of 5% (3)
●
EMEA and Entrance Systems reported stable organic sales development. Organic sales declined in Asia Pacific and Americas, while Global Technologies reported a significant decline
●
Two divestments in Switzerland and Italy were completed. The combined annual sales of the divested companies amount to around SEK 625 M
●
A new restructuring program was launched at year-end. The estimated cost amounts to SEK
-
1,366 M with a pay-back time of around two years
●
Operating margin[1]
2
(EBIT %) excluding acquisitions and divestments was 16.1% (16.2)
●
Net income
1 2
amounted to SEK 2,582 M (2,767)
●
Earnings per share
1 2
amounted to SEK 2.33 (2.49)
●
Oper ....

South Korea , United States , United Kingdom , Martin Poxton , Erik Pieder , Anders Maltesen , Asia Pacific , Nico Delvaux , Simon Ellis , International Financial Reporting Standards , Opening Solutions Greater China , Assa Abloy , Opening Solutions Americas , Group Executive Team , Opening Solutions Pacific , Company Auditors , Opening Solutions Asia Pacific , Access Management Solutions , Electromechanical Solutions , European Union , Asia Pacific Division , Global Solutions , Opening Solutions , Entrance Systems , Global Technologies , Latin America ,