Annual report 2019

Download the ASSA ABLOY Annual Report 2019 as a PDF below.

Financials in brief:

• Sales increased by 12% to SEK 94,029 M (84,048) driven by continued strong growth for electromechanical products.
• Twelve acquisitions were completed, contributing to net acquired growth of 3 % for the year.
• Continued good earnings and strong cash flow were achieved. Operating margin excluding items affecting comparability was 15.9 % (15.4).
• Investments in product development continuedat a fast pace. Sales generated by products launched during the last three years was 27 % (27).