ASSA ABLOY EL560 PDF

Future shareholder value is built on organic and acquired growth and a continuing process of rationalization and synergies across the Group. In, for example, the rapidly growing electromechanical security sector, which stands for more than half of sales, the Group has a leading position in fields such as access control, identification technology, automatic doors and hotel security. Organic growth is driven by the following components: The new "electronic world", which has brought an increased demand for electromechanical and digital products. Clients also express their need for extended access control and high security in their identification process. Entrance automation is another field that is growing rapidly in the electronic world, providing increased convenience.

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Future shareholder value is built on organic and acquired growth and a continuing process of rationalization and synergies across the Group.

In, for example, the rapidly growing electromechanical security sector, which stands for more than half of sales, the Group has a leading position in fields such as access control, identification technology, automatic doors and hotel security.

Organic growth is driven by the following components: The new "electronic world", which has brought an increased demand for electromechanical and digital products. Clients also express their need for extended access control and high security in their identification process.

Entrance automation is another field that is growing rapidly in the electronic world, providing increased convenience. The aftermarket consists of renovations, refurbishments, extensions, replacements and upgrades.

Three quarters of the Groups sales is towards commercial and institutional customers with a higher demand for electronic products and complex solutions, and therefore higher profitability. The latter are well known and rooted in local regulations and security standards.

ASSA ABLOY plans to continue this strategy to ensure the company captures the opportunities presented by new technology and a market that is always growing in response to security challenges. This approach means that not only is ASSA ABLOY ahead of its competitors in terms of identifying new customer needs, but the Group also has the resources to develop new solutions, establish standards and educate the market to meet those needs.

In this way our new companies provide added value to all our customers by contributing to complete solutions that bring safety, security and convenience. The innovation strategy aims to create cost and functional benefits for the customer, through constant small steps. All new projects are driven by current and future customer needs.

The strategy has three objectives: new products should account for at least 25 percent of sales, new products should contribute to higher margins, and innovation efficiency should be doubled through a combination of more efficient processes and higher product value. The focus on product leadership has been very consistent.

The number of product development engineers has increased by more than 70 percent to nearly 1, in eight years, many with an electronics focus. This is a well-considered level in view of the 10 to year product life cycle.

In the U. During the past five years sales have increased by 65 percent, operating income with 61 percent and earnings per share with 59 percent. Quick links.

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