Stable progress for ASSA ABLOY during the quarter

Abloy's parent company ASSA ABLOY published its Q3/2016 report today.

"The third quarter of the year showed satisfactory growth for ASSA ABLOY generally, with the exception of Asia Pacific," says Johan Molin, President and CEO. "In general the mature markets made good progress while the growth markets continued to show subdued demand, apart from Latin America and India." - -

  “My judgment is that the global economic trend remains weak, but with a positive trend in America and parts of Europe. Elsewhere, many of the emerging markets are stagnating. However, our strategy of expanding on the emerging markets remains unchanged, since in the long term they are expected to achieve very good economic growth. We are also continuing our investmentsin new products, especially in the growth area of electromechanics.” 

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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