Edition:
India

Anna Ringstrom

CEO of Nordic telecoms group Telia in surprise resignation

05 Aug 2019

STOCKHOLM Telia Chief Executive Johan Dennelind has resigned unexpectedly, having transformed the Nordic telecoms group's strategy since taking the helm in 2013.

UPDATE 1-CEO of Nordic telecoms group Telia in surprise resignation

05 Aug 2019

* Shares down 1.8% (Adds detail, background, analysts, shares)

Wage costs and competition hold back Securitas profit growth

31 Jul 2019

STOCKHOLM Rising wage costs in key markets France and the Netherlands and contract losses held back profit growth at Securitas in the second quarter, offsetting price hikes at the world's biggest security services company.

UPDATE 1-Wage costs and competition hold back Securitas profit growth

31 Jul 2019

* Price hikes lagged wage cost increases in H1 (Adds CEO, analyst comments, shares, detail, background)

Main shareholder offers to buy out Swedish fashion chain KappAhl

29 Jul 2019

STOCKHOLM Investment firm Mellby Gard, the biggest shareholder in Swedish fashion group KappAhl , on Monday made an offer to buy the rest of the retailer whose profits are under pressure from tough competition in a rapidly changing market.

UPDATE 2-Main shareholder offers to buy out Swedish fashion chain KappAhl

29 Jul 2019

* Mellby Gard sees synergies with other holdings (Adds Mellby Gard CEO comment, share reaction, background)

Lockmaker Assa Abloy wary on some markets as savings lift second-quarter profit

17 Jul 2019

STOCKHOLM Assa Abloy , the world's biggest lock maker, reported a 28% jump in quarterly profit as savings and price hikes offset higher raw material costs but said uncertainty had increased in some markets such as Brazil, Mexico and Britain.

UPDATE 2-Lockmaker Assa Abloy wary on some markets as savings lift Q2 profit

17 Jul 2019

STOCKHOLM, July 17 Assa Abloy, the world's biggest lock maker, reported a 28% jump in quarterly profit as savings and price hikes offset higher raw material costs but said uncertainty had increased in some markets such as Brazil, Mexico and Britain.

H&M shares jump as early summer sales shine

27 Jun 2019

STOCKHOLM Swedish fashion group H&M said sales of its summer collections had started well and it would slow the rate of store openings as it invests more online, boosting its shares by 10%. | Video

H&M's sales growth fails to ease investors concerns about margin pressure

17 Jun 2019

STOCKHOLM Fashion retailer H&M reported sales grew for a fourth straight quarter on Monday, but also hinted it had needed to invest more to boost its online business, disappointing investors already concerned about margin pressure.

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