ASSA ABLOY in Brief

ASSA ABLOY is the world’s leading manufacturer and supplier of door opening solutions, meeting tough enduser demands for safety, security and convenience. With over 150 companies operating in more than 40 countries and over 10 percent of the world market, the Group is the strongest global player in the lock industry. ASSA ABLOY is represented in all major regions, on both mature and emerging markets, with leading positions in much of Europe and North America and in Australia. In the rapidly growing electromechanical security sector, the Group has a leading position in fields such as access control, identification technology, automatic doors and hotel security. Since ASSA ABLOY was founded in 1994, the Group has grown from a regional company to an international group with over 30,000 employees and sales of over SEK 31 billion. As the world’s leading lock group, ASSA ABLOY offers a more complete range of door opening solutions than any other company on the market.

EMEA
ASSA ABLOY’s EMEA division includes companies in Europe, the Middle East and Africa. During 2006, the division achieved an organic growth of 8 percent, sales of SEK 12,509 M and an operating income excluding restructuring costs of SEK 1,972 M. The EMEA division employs 12,283 people and its head office is located in London, England. Its most important markets are Scandinavia and France. Some of the leading companies in the division are Abloy, Assa, Tesa and Vachette.

Americas
ASSA ABLOY’s Americas division consists of companies in North and South America. During 2006, the division achieved an organic growth of 10 percent, sales of SEK 10,142 M and an operating income excluding restructuring costs of SEK 1,945 M. The Americas division employs 9,641 people and its head office is located in New Haven, Connecticut, USA. Its primary markets are the USA, Canada and Mexico. Some of the leading companies in the division are Corbin Russwin, Curries, Emtek, Medeco, Phillips and SARGENT.

Asia Pacific
ASSA ABLOY’s Asia Pacific division includes companies in Australia, New Zealand, China and the rest of Asia. During 2006, the division achieved an organic growth of 4 percent, sales of SEK 2,309 M and an operating income excluding restructuring costs of SEK 213 M. The Asia Pacific division employs 5,099 people and its head office is located in Hong Kong. Its largest markets are Australia, New Zealand and China. The largest companies in the division are ASSA ABLOY Australia, ASSA ABLOY New Zealand, Guli Security Products and ASSA ABLOY Wangli.

Global Technologies
Global Technologies is the Group’s worldwide organization focusing mainly on the product sectors of access control, secure issuance of cards, RFID identification technology and hotel security. During 2006, the division achieved an organic growth of 12 percent, sales of SEK 4,220 M and an operating
income excluding restructuring costs of SEK 612 M. The Global Technologies division employs 2,183 people and its head office is located in Providence, Rhode Island, USA. The division’s
most important brands are HID, Fargo Electronics and VingCard.

Entrance Systems
Entrance Systems is ASSA ABLOY’s worldwide supplier of complete solutions for automatic doors. The division also has a complete range of services for the after-sales market. During 2006, the division achieved an organic growth of 11 percent, sales of SEK 2,715 M and an operating income excluding restructuring costs of SEK 368 M. The Entrance Systems division employs 1,926 people and its head office is located in Landskrona, Sweden. Entrance Systems includes well-known brands such as Besam and EntreMatic.

 

Source: ASSA ABLOY Annual Report 2006