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Annual Report 2020 released

2021-01-20
1 min read
People on the cover of Annual report talking.

ASSA ABLOY Group’s 2020 Annual report is now available to download. Learn more about our financial development, who we are, and what we do.

The year in brief

  • Sales decreased by 7% to SEK 87,649 M (94,029) due to the negative effects from the outbreak of the Covid-19 pandemic and exchange rates.
  • Twelve acquisitions were completed, contributing to net acquired growth of 4 % for the year
  • Operating income was negatively affected by Covid-19, while cash flow was strong. Operating margin excluding items affecting comparability was 13.6 % (15.9).
  • Investments in product development continued at a fast pace. 25% (27) of sales were generated by products launched during the last three years.

Download the ASSA ABLOY Annual Report 2020 as a PDF or order a printed copy at assaabloy.com