20% - Assa Abloy

MSEK
8
7
6
5
4
3
2
1
Divisions
0
98 99 00 01 02 03 04 05 06 07
Earnings per share, SEK M
EMEA
Americas
Asia Pacific
Global Technologies
Entrance Systems
ASSA ABLOY’s divisions
The division manufactures and sells locks, cylinders, electromechanical
products, security doors and fittings in Europe,
the Middle East and Africa (EMEA). Most sales take place in
Western Europe, but growth markets in Eastern Europe and
the Middle East are gaining in importance. Some of the division’s
leading brands are ABLOY, ASSA, IKON, TESA, Yale and
Vachette. The division has 12,500 employees and divisional
management is based in London, United Kingdom.
The division manufactures and sells locks, cylinders, electromechanical
products, security doors and fittings in North
and South America. Most sales take place in the United
States, Canada and Mexico. South America is growing in
significance, with Brazil the most important market. Some
of the division’s leading brands are Corbin Russwin, Curries,
Emtek, Medeco, Phillips, SARGENT and La Fonte. The division
has 9,400 employees and divisional management is
based in New Haven, Connecticut, USA.
The division manufactures and sells locks, cylinders, electromechanical
products, security doors and fittings in Asia and
Oceania. The Pacific region (which includes Australia and
New Zealand) accounts for a large part of sales, but China
and other Asian markets are rapidly gaining in importance.
China is also an important country of production. Some of
the division’s leading brands are Lockwood, Guli, Wangli,
Baodean, Interlock and iRevo. The division has 5,400
employees and divisional management is based in Hong
Kong, China.
This global division manufactures and sells products for
electronic access control, secure issuance of cards and
identification technology, and electronic lock products for
hotels. The division consists of two business units,
HID Group and ASSA ABLOY Hospitality, which sell their
products worldwide. Leading brands are HID, Fargo, Elsafe
and VingCard. The division has 2,600 employees and
divisional management is based in Stockholm, Sweden.
Entrance Systems is a global division that manufactures
and sells automatic door systems and service. The products
are sold under the Besam and EntreMatic brands.
The division engages in sales and offers its own direct
service network around the world, with production in
Sweden, the UK, the USA and China. The division has
2,100 employees and divisional management is based
in Landskrona, Sweden.
Share of Group total
Sales, % Operating income (EBIT), %
39 40
39.0
SEK 13,477 M SEK 2,295 M
Sales, % Operating income (EBIT), %
30 34
SEK 10,220 M SEK 1,995 M
30.3 34.4
Sales, % Operating income (EBIT), %
8 6
SEK 2,780 M SEK 322 M
SEK 2,987 M SEK 432 M
7.6 5.5
Sales, % Operating income (EBIT), %
14 13
14.3
SEK 4,922 M SEK 754 M
Sales, % Operating income (EBIT), %
9 8
8.8
39.6
13
7.5