2005 in brief
ASSA ABLOY in brief
ASSA ABLOY is the world's leading manufacturer and supplier of locking solutions, meeting tough end-user demands for safety, security and user-friendliness. With over 150 companies in more than 40 countries, and a world market share of around 10 percent, ASSA ABLOY is the strongest global player in the locking industry.
The Group operates in all major regions – both mature and developing markets – and enjoys market-leading positions in large parts of Europe and North America and in Australia. In the fast-growing area of electromechanical locking solutions, the Group holds leading positions in Identification, Entrance Systems and Hotel Security.
Since its formation in 1994, ASSA ABLOY has developed from a regional company with 4,700 employees to a global Group of companies with 29,500 employees and sales of SEK 27.8 billion.
As the world's leading lock Group, ASSA ABLOY offers a more complete range of products than any other company on the market.
ASSA ABLOY's Americas division comprises companies in North and South America. Americas is the Group's second-largest division, accounting for 30 percent of total sales. During the year the division achieved an organic growth of 5 percent and an EBIT margin of 18.3 percent. Its head office is in New Haven, Connecticut, USA. Americas division has 24 production units, 8 sales companies and 9,300 employees. The main markets are the USA, Canada and Mexico. Some of the division's leading companies are Corbin Russwin, Curries, Emtek, Medeco, Phillips and Sargent.
ASSA ABLOY's EMEA division comprises all Group companies in Europe, the Middle East and Africa. EMEA is the Group's largest division, accounting for 41 percent of total sales. During the year it achieved organic growth of 3 percent and an EBIT margin of 14.7 percent. Its head office is in Stockholm, Sweden. EMEA has 46 production units, 30 sales companies and 12,400 employees. The largest markets are Scandinavia and France, and some of the division's leading companies are Abloy, Assa, Tesa and Vachette.