ASSA ABLOY AB 2018 AR2
The report highlights ASSA ABLOY's strong performance in 2018, with sales increasing by 10 percent to SEK 84,048 million, driven by organic growth of 5 percent and electromechanical product demand. The company completed 19 acquisitions during the year, including Crossmatch and Luxer One, expanding its market leadership in biometrics and home delivery solutions. However, challenging market conditions in China led to a write-down of SEK 5,595 million for impairment of goodwill and other intangible assets. In sustainability, the company made progress in line with its five-year plan, reducing its injury rate by 11 percent and water intensity by 10 percent.
Company: ASSA ABLOY AB
Sector: Industrials
Country: Sweden
Year: 2018
Type: AR2
Pages: 120
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ASSA ABLOY AB
Annual Report
The report highlights ASSA ABLOY's strong performance in 2018, with sales increasing by 10 percent to SEK 84,048 million, driven by organic growth of 5 percent and electromechanical product demand. The company completed 19 acquisitions during the year, including Crossmatch and Luxer One, expanding its market leadership in biometrics and home delivery solutions. However, challenging market conditions in China led to a write-down of SEK 5,595 million for impairment of goodwill and other intangible assets. In sustainability, the company made progress in line with its five-year plan, reducing its injury rate by 11 percent and water intensity by 10 percent.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Renewable Energy
Women on Board
Women in Management
Employees