Assa Abloy : Feedback from CMD: annual EBIT growth of 13% targeted by 2026
>CMD: medium-term targets confirmed, focus on growth - At the CMD, Assa Abloy confirmed the medium term targets: 1/ organic growth of 5% per annum and growth via acquisitions of 5% per annum; 2/ an EBIT margin of between 16% and 17% (see following pages for details). The CEO has, for the first time, formalised this with quantified targets: sales of SEK 150bn and EBIT of SEK 25bn in 2026 (compared with SEK 88bn and SEK 12bn, respectively, in 2020), i.e. more than ...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.
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