Annual report 1998

The ASSA ABLOY Annual Report 1998 available in sections below

Key figures & events

  • Sales amounted to SEK 8,582 M (6,968), corresponding to an increase of 23 percent.
  • Profit after financial income and expense increased by 39 percent, and amounted to SEK 748 M (537).
  • Earnings per share increased by 43 percent to SEK 7.28 (5.09).
  • Cash flow before tax amounted to SEK 1,023 M (841), corresponding to an increase of 22 percent.
  • Organic growth of comparable units in local currency amounted to 6 percent (8).
  • Continued benchmarking, coordination and transfer of know-how between units is providing the impetus for improved profits and cash flow.
  • Nine companies were acquired during the year, of which three were in the United States , and one each in Germany, Mexico, Hong Kong, Poland, Romania and Canada.

The Annual report 1998 in sections 

Introduction eng.pdf

Summary of operations eng.pdf

Financial statements eng.pdf

Board, Management and addresses.pdf