27 Jul 2012

Strong growth and earnings for ASSA ABLOY

Abloy's parent company published its quarterly report on 27 July 2012.

COMMENTS BY THE PRESIDENT AND CEO

"I am very pleased that ASSA ABLOY's good performance continued during the second quarter of the year, with growth of a full 14% and a strong improvement in earnings," says Johan Molin, President and CEO. "It was particularly pleasing that sales in Americas improved and that the good growth at Global Technologies continued. Our investments in Emerging Markets are also giving results, in the form of good organic growth of a full 9% in the region. However in Europe the situation weakened further, with sales at an unchanged level. - - "

To read the complete comments and press release, please visit assaabloy.com

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Abloy is one of the leading manufacturers of locks, locking systems and architectural hardware and the world’s leading developer of products in the field of electromechanical locking technology.

ASSA ABLOY is the global leader in door opening solutions, dedicated to satisfying end-user needs for security, safety and convenience. The Group has 43,000 employees and annual sales of EUR 5,4 billion.

Published 27 Jul 2012

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www.assaabloy.com