Assa Abloy : CMD feedback: continuing growth story
>Medium-term guidance maintained, and continuing growth drivers - At its CMD last week, Assa Abloy confirmed, as expected, its medium-term guidance: i/ sales growth of 10% p.a. over a full cycle (5% organically and 5% through acquisitions) and ii/ an EBIT margin of between 16% and 17% (see chart on following page). The CEO also indicated that the group’s growth trajectory was right in line with its target of generating sales of SEK 150bn and EBIT of SEK 25bn in 2...ASSA ABLOY provides a range of door opening solutions. Co. is organized into five divisions. Europe, Middle East and Africa division, Americas (North and South America) division and Asia Pacific (Asia, Australia and New Zealand) division manufacture and sell mechanical and electromechanical locks, security doors and hardware in their respective geographical markets. Global Technologies division operates worldwide in the product areas of access control systems, secure card issuance, identification technology and hotel locks. Entrance Systems division is a global supplier of entrance automation products and service.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.