NEWSReports
Annual Report 2019 released
2020-06-07
1 min read
ASSA ABLOY Group’s 2019 Annual report is now available to download. Learn more about our financial development, who we are, and what we do.
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 continued at a fast pace. Sales generated by products launched during the last three years was 27 % (27).
Download the ASSA ABLOY Annual Report 2019 as a PDF or order a printed copy at assaabloy.com