+ All Categories
Home > Investor Relations > ASSA ABLOY's facts & figures - 2014 corporate presentation part 1

ASSA ABLOY's facts & figures - 2014 corporate presentation part 1

Date post: 20-Aug-2015
Category:
Upload: assa-abloy
View: 1,446 times
Download: 0 times
Share this document with a friend
Popular Tags:
34
ASSA ABLOY is the global leader in door opening solutions, dedicated to satisfying end-user needs for security, safety and convenience 1
Transcript

ASSA ABLOY is the global leader in door opening solutions, dedicated to satisfying end-user needs for security, safety and convenience

1

2

ASSA ABLOY in brief 2013

Own operations in more than 70 countries

Authorized distribution covering the world

About 43,000 employees

Sales of over SEK 48 billion

ASSA ABLOY timeline 1994 – 2013

3

3 000

4 000

5 000

6 000

7 000

8 000

9 000

600

800

1 000

1 200

1 400

1 600

1 800

2 000

2 200

2 400

Quarter Rolling 12 months

Operating income* (EBIT) Quarter, SEK M 12 months, SEK M

*Excluding restructuring costs 2006, 2008, 2009, 2011 and 2013.

Run rate 7,923 MSEK (7,501), +6%

5

We have built a world leader

A clear and well adopted strategy

Trend towards higher security

Acquisitions successfully integrated

6

Our vision

To be the world-leader, most successful and innovative provider of door opening solutions

To lead in innovation and offer well-designed, convenient, safe and secure solutions that create added value to our customers

To be an attractive company to work for

7

Market presence

Product leadership

Cost- efficiency

Growth and profitability

ASSA ABLOY Strategy

+ + =

8

+

A world-leading market presence is achieved by exploiting the strength of the brand portfolio, increasing growth in the core business and expanding into new markets and segments.

Market presence

9

Solid market position

The leading brands

Large installed base

A strong sales channel position

Local standards adds to stability

Our business is total door opening solutions seamlessly connected to the building

Our solutions meet customer needs

Large customers Institutional and commercial customers such as airports, hospitals, schools, shopping malls universities and industry

Small and midsize customer Characterized by each customer’s need for professional advice and installation

Residential and Consumers The majority of consumer sales are replacements or upgrades of existing security products

13

+ The Group’s product leadership is achieved through the continuous development of products offering enhanced customer value and lower product costs.

Product leadership

Product leadership through innovation We are convinced that innovation is the most important driver for

growth

Investments in R&D has more than doubled since 2005 and we have around 1 350 engineers

We assure long term competitive advantage by continuously improving our products in terms of benefits, costs and quality

Increased share of fast growing products – electromechanics

2000 14 sek bn

2013 48 sek bn

42%

36%

22%

Mechanical locks &

accessories

66%

Electromechanical

20%

Security doors

14%

Electromechanical

49%

Mechanical locks &

accessories

33%

Security doors

18%

16

Some ASSA ABLOY products

17

Some ASSA ABLOY products

18

+ Efforts to increase cost-efficiency continue in all areas, including common product platforms with fewer components and common product development.

Cost efficiency

Efficient manufacturing footprint

20

= ASSA ABLOY creates opportunities for increased growth and profitability through a strong focus on the strategy’s three areas of market presence, product leadership and cost-efficiency.

Growth and profitability

Our growth drivers The new “electronic world”:

– electromechanical and digital locking

– access control and secure identity & issuance

– automatic doors

Geographical and emerging market expansion

Increased need for security

Higher expectations

Acquisitions

Branding

Innovation – new solutions

22

ASSA ABLOY divisions 2013

Mech & elmech locks, cylinders &

security doors

Electronic access & identity

Entrance automation

Americas 21%

EMEA 27%

Asia Pacific 14%

Global Technologies (HID & Hospitality)

ASSA ABLOY Entrance Systems

Product Offering Organization

% of Group Sales

62%

13%

25%

EMEA division 2013

Europe, Middle East and Africa

In 2013, EMEA grew by -2 percent and sales totaled SEK 13,165 M

The division has 10,089 employees

Some of the leading brands are ABLOY, ASSA, TESA, Yale and Vachette

34

Sales Operating income (EBIT)

30 31

Share of Group

27% 26%

Americas division 2013

30 26

21%

Sales

Share of Group

21% 26%

North and South America

In 2013, Americas grew by 5 percent and sales totalled SEK 10,121 M

The division has 6,726 employees

Some of the leading brands are Corbin Russwin, Curries, Emtek, Medeco, Phillips, SARGENT, Ceco, Yale and La Fonte

Operating income (EBIT)

Asia Pacific division 2013

14% 13%

Sales Operating income (EBIT)

Share of Group

14% 13%

Asia, Australia and New Zealand

In 2013, Asia Pacific grew by 3 percent and sales totalled SEK 7,420 M

The division has 14,243 employees

Some of the leading brands in Asia are, Baodean, Guli, King, iRevo,Pan Pan, Shenfei, Tianming and Yale. In Australia and New Zealand Lockwood and Interlock

Global Technologies division 2013

13% 14%

Sales Operating income (EBIT)

Share of Group

Operates worldwide with focus on access control, secure issuance of cards, RFID identification technology and hotel security

In 2013, Global Technologies grew by 3 percent and sales totalled SEK 6,472 M

The division has 3,136 employees

Leading brands are HID, Fargo, Elsafe and VingCard 13% 14%

Share of Group

Sales

Entrance Systems division 2013

25% 21%

25% 21%

Operating income (EBIT)

Supplies complete solutions for automatic doors and after-sales services

In 2013, Entrance Systems grew by 11 percent and sales totalled SEK 12,237 M

The division has 8,191 employees

Leading brands are Besam, Crawford, Megadoor, Albany, Flexiforce, Kelley, Serco, Normstahl, Ditec, EM and Amarr

ASSA ABLOY Financial overview

Financial overview 2013 Sales increased to

SEK 48,481 M (4%)

Operating income (EBIT*) SEK 7,923 M (5%)

Earnings per share* SEK 14.84 (6%)

Operating cash flow SEK 6,803 M (7,044)

*Excluding restructuring costs 2006, 2008, 2009, 2011 and 2013.

Earnings per share

-

1,00

2,00

3,00

4,00

5,00

6,00

7,00

8,00

9,00

10,00

11,00

12,00

13,00

14,00

15,00

16,00

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

*Excluding restructuring costs 2006, 2008, 2009, 2011 and 2013.

Sales split Group overview

End users Recurring business Product mix

Commercial and institutional

75%

Residential

25% Mechanical products

33%

Electromechanical products

24%

Entrance automation

25%

Security doors

18% New

construction

33%

After market

67%

Share of Group sales by region 2013

NORTH AMERICA AND CENTRAL AMERICA

32% 44% 17% +19% -1% +14%

WESTERN AND EASTERN EUROPE

ASIA AND MIDDLE EAST

SOUTH AMERICA AFRICA AUSTRALIA AND NEW ZEALAND

2% +13%

1% +14%

4% +4%

Share of Group sales in local currency 2013, %

Change relative to the previous year, %

Emerging markets comprise Africa, Asia, the Middle East, South America and eastern Europe.

People make it all happen Our basic convictions and beliefs We have discipline and a focused

approach We reward result and performance We give access to information We learn from our mistakes We never hide We practice business ethics We promote diversity We grow people through a clear task

and the authority to act We continuously recruit competent and

well educated people We give priority to internal recruitment We are each in charge of our own

professional career

www.assaabloy.com


Recommended