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ASSA ABLOY is a company that offers door opening solutions and services for institutional and commercial customers. It provides mechanical and electromechanical locks, digital door locks, cylinders, door fittings, security doors, door frames, industrial high-security fencings and gates, fire doors, as well as hardware products. The company also offers secure identity solutions in identity and access management, and contactless identification technology solutions to companies, government and state institutions, healthcare, education, and financial industries, as well as access solutions for hotels, cruise ships, student accommodations, and elderly care facilities.

TypePublic
Founded1994
HQStockholm, SE
Websiteassaabloy.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2018)48,353(+2%)
Revenue (FY, 2017)KR76.1 B(+7%)
Share Price (Jul 2021)KR277.3
Cybersecurity ratingBMore

Key People/Management at ASSA ABLOY

Lars Renström

Lars Renström

Chairman
Nico Delvaux

Nico Delvaux

President and CEO and Head of Global Technologies Division
Tannis Weinstein

Tannis Weinstein

President, Door Group, Opening Solutions Americas
Mihaela Vasile

Mihaela Vasile

Managing Director, Romania
Erik Pieder

Erik Pieder

EVP, CFO
Lucas Boselli

Lucas Boselli

Executive Vice President and Head of Americas Division
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ASSA ABLOY Office Locations

ASSA ABLOY has an office in Stockholm
Stockholm, SE (HQ)
90 Klarabergsviadukten
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ASSA ABLOY Financials and Metrics

ASSA ABLOY Revenue

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ASSA ABLOY's revenue was reported to be kr76.14 b in FY, 2017 which is a 6.8% increase from the previous period.
SEK

Revenue (FY, 2017)

76.1b

Revenue growth (FY, 2016 - FY, 2017), %

6.8%

Gross profit (FY, 2017)

30.0b

Gross profit margin (FY, 2017), %

39.4%

Net income (FY, 2017)

8.6b

EBIT (FY, 2017)

12.3b

Market capitalization (21-Jul-2021)

308.0b

Closing stock price (21-Jul-2021)

277.3

Cash (31-Dec-2017)

459.0m

EV

330.6b
ASSA ABLOY's current market capitalization is kr308 b.
SEKFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

57.9b69.1b71.3b76.1b

Revenue growth, %

19%3%7%

Cost of goods sold

34.9b41.7b44.3b46.1b

Gross profit

22.9b27.4b27.0b30.0b
SEKFY, 2017

Cash

459.0m

Accounts Receivable

13.1b

Prepaid Expenses

1.0b

Inventories

9.4b
SEKFY, 2017

Depreciation and Amortization

1.7b

Inventories

(158.0m)

Accounts Payable

454.0m

Cash From Operating Activities

9.2b
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ASSA ABLOY Acquisitions / Subsidiaries

Company NameDateDeal Size
LifeSafety PowerSeptember 04, 2019
August HomeOctober 19, 2017

ASSA ABLOY Revenue Breakdown

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ASSA ABLOY revenue breakdown by business segment: 23.4% from EMEA, 23.2% from Americas, 11.9% from Asia Pacific, 13.4% from Global Technologies and 28.1% from Entrance Systems

ASSA ABLOY Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

ASSA ABLOY Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

ASSA ABLOY Online and Social Media Presence

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ASSA ABLOY News and Updates

ASSA ABLOY has published its Sustainability Report 2020 and presents new ambitious sustainability program

STOCKHOLM, March 8, 2021 /PRNewswire/ -- ASSA ABLOY, the global leader in access solutions, has today published its Sustainability Report 2020. During 2015-2020, the Group successfully completed its sustainability program and exceeded the majority of the targets for health and safety,...

ASSA ABLOY acquires Invengo´s Textile Services business unit in France

STOCKHOLM, March 3, 2021 /PRNewswire/ -- ASSA ABLOY has acquired the textile services business of Invengo Information Technology Co., Ltd, a leading real-time inventory management platform combining software, RFID tags, equipment and services to efficiently identify, track and monitor...

Worldwide Smart Lock Industry to 2027 - Players Include Allegion and Assa Abloy

Dublin, Jan. 21, 2021 (GLOBE NEWSWIRE) -- The "Smart Lock Market Global Forecast by Type, Technology, Application, Regions, & Company Analysis" report has been added to ResearchAndMarkets.com's offering. This report provides an all-encompassing analysis on the Global Smart Lock Industry. Acco…

ASSA ABLOY sells Gardesa in Italy

STOCKHOLM, Jan. 14, 2021 /PRNewswire/ -- ASSA ABLOY has sold its Italian residential door business within Gardesa to Italy-based Bertolotto and is in the final stages to sell its remaining shutter business. Gardesa is an Italian manufacturer of residential security doors and roller...

Nomination Committee for the ASSA ABLOY Annual General Meeting 2021

STOCKHOLM, Oct. 15, 2020 /PRNewswire/ -- The following representatives of ASSA ABLOY AB's shareholders will be members of the Nomination Committee for the Annual General Meeting 2021: - Carl Douglas, Investment AB Latour, Chairman of the Nomination Committee - Mikael Ekdahl, Melker...

ASSA ABLOY acquires Olimpia Hardware

STOCKHOLM, Oct. 2, 2020 /PRNewswire/ -- ASSA ABLOY has acquired Olimpia Hardware, a leading glass hardware and accessories brand in Latin America and the Caribbean. "I am very pleased to welcome Olimpia into the ASSA ABLOY Group. This constitutes an important next step in our strategy to...
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ASSA ABLOY Blogs

HID Global's award-winning application helps people return safely to work

During pandemics, providing safe solutions for employees at workplaces while maintaining their productivity is a top priority for businesses. HID Global is leading the way with its award-winning HID Location Services, which ensure social distancing and assist with contact tracing.

Family entrepreneurs laid foundations for ASSA’s development

From a single lock to becoming Sweden’s leader in door security – how did ASSA develop into a major international company, offering a wide range of solutions? Let’s trace its history to find out.

World-leading aerospace company Avolon selects HID Mobile Access

Employees at one of the world’s largest aircraft leasing companies now use their mobile devices to access Avolon facilities in Dublin, New York, Florida and Hong Kong offices.

Collaboration set to transform digital door displays

A groundbreaking transparent OLED automatic sliding door will take image quality to a new level thanks to a collaboration between ASSA ABLOY Entrance Systems and leading consumer electronics company LG Electronics.

Abloy – from a single lock to a Nordic leader

Did you know that ASSA ABLOY was created in 1994 by the merger of two separate companies, ASSA and Abloy? Here we explore our origins, beginning with Abloy, a Finnish lock company dating back to the early 20th century.

Our sustainable solutions line up to meet net zero targets

World Green Building Week, September 21-25, highlights the need for action to deliver net zero buildings over the coming decade. How is ASSA ABLOY creating solutions to contribute to future sustainability needs and to meet the net zero target?
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ASSA ABLOY Frequently Asked Questions

  • When was ASSA ABLOY founded?

    ASSA ABLOY was founded in 1994.

  • Who are ASSA ABLOY key executives?

    ASSA ABLOY's key executives are Lars Renström, Nico Delvaux and Tannis Weinstein.

  • How many employees does ASSA ABLOY have?

    ASSA ABLOY has 48,353 employees.

  • What is ASSA ABLOY revenue?

    Latest ASSA ABLOY annual revenue is kr76.1 b.

  • What is ASSA ABLOY revenue per employee?

    Latest ASSA ABLOY revenue per employee is kr1.6 m.

  • Who are ASSA ABLOY competitors?

    Competitors of ASSA ABLOY include dormakaba, Allegion and Fortune Brands Home & Security.

  • Where is ASSA ABLOY headquarters?

    ASSA ABLOY headquarters is located at 90 Klarabergsviadukten, Stockholm.

  • Where are ASSA ABLOY offices?

    ASSA ABLOY has an office in Stockholm.

  • How many offices does ASSA ABLOY have?

    ASSA ABLOY has 1 office.