ASSA ABLOY Annual Report 2012

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The ASSA ABLOY Annual Report 2012 is available as a PDF and printed copies can be ordered to be delivered.

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ASSA ABLOY Annual Report 2012

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Printed copies of the ASSA ABLOY Annual Report can be ordered here.

Extract from the CEO statement:

Market position provides a sound basis for continued profitable growth and value creation

"Once again we can look back on a very good year for ASSA ABLOY, despite tough market conditions in a global recession. Sales rose 12 percent to SEK 46,619 M and organic growth was 2 percent. Operating income increased 13 percent to SEK 7,501 M and the margin strengthened further to 16.1 percent.

Our performance in 2012 confirms once again the long-term strength of the Group’s strategies and action programs. during five years of financial crisis, ASSA ABLOY has increased sales by 34 percent and operating income by 36 percent, with a continued strong cash flow and good financial stability. Excellent performance in recent years has consolidated ASSA ABLOY’s position as the largest global supplier of door opening solutions, providing a sound basis for continued profitable growth and value creation."

Johan Molin, President and CEO

Important events during the year:

  • Sales increased by 12 percent to SEK 46,619 M (41,786).
  • Operating income amounted to SEK 7,501 M (6,624¹).
  • Earnings per share after full dilution amounted to SEK 13.84 (12.30¹).
  • Operating cash flow amounted to SEK 7,044 M (6,080²).
  • Investments in product development continued at an accelerated level and a number of new products were launched.