Another strong quarter for ASSA ABLOY

Abloy's parent company ASSA ABLOY published its quarterly report on 20 October 2015


“The third quarter and the first nine months continued very strongly for ASSA ABLOY, with a rise in sales of 19% for the quarter and totaling 21% for the first nine months of the year,” says Johan Molin, President and CEO. “Operating income grew very satisfactorily by a full 19% for the quarter and a total of 22% for the 9-month period.

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“ASSA ABLOY’s leadership in the field of innovation was recognized once again at ASIS,
 the USA’s largest security exhibition, where four first prizes were won for innovation. The areas where ASSA ABLOY has been particularly successful include physical access and identity; energy-efficient locks; electromechanical locks; and on-line connected digital door locks for the private residential market. All these areas have great potential for the future, with energy-efficient solutions advancing especially strongly.

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ABLOY secures people, property, and business operations on land, at sea, and in the air – in all circumstances. Solutions created for users’ individual need extend from locking of homes to sites of operations requiring professionally provided high security. A global distribution network that covers 90 countries is in charge of our professional service.

ASSA ABLOY is the global leader in door opening solutions, dedicated to satisfying end-user needs for security, safety and convenience. The Group has 46,000 employees and annual sales of EUR 7,3 billion