Annual Report 1998

Download the ASSA ABLOY Annual Report 1998 as a PDF or order a printed copy via the link to the right.

 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.