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ASSA ABLOY is the global leader in door opening solutions, dedicated to satisfying end-user needs for security, safety and convenience 1.

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Presentation on theme: "ASSA ABLOY is the global leader in door opening solutions, dedicated to satisfying end-user needs for security, safety and convenience 1."— Presentation transcript:

1 ASSA ABLOY is the global leader in door opening solutions, dedicated to satisfying end-user needs for security, safety and convenience 1

2 2

3 3 ASSA ABLOY in brief 2011  Own operations in more than 60 countries  Authorized distribution covering the world  About 41,000 employees  Sales of about SEK 42 billion

4 Operating income* (EBIT) Quarter, SEK M 12 months, SEK M *Excluding restructuring costs 2006, 2008, 2009 and 2011. Run rate 6,624 MSEK (6,046), +10%

5 5 ASSA ABLOY timeline 1994 – 2011

6 6 We have built a world leader  A clear and well adopted strategy  Trend towards higher security  Acquisitions successfully integrated

7 7 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

8 8 Market presence Product leadership Cost- efficiency Growth and profitability ASSA ABLOY Strategy ++ =

9 9 + 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

10 10 Solid market position  The leading brands  A strong sales channel position  Local standards adds to stability

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

12 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 Our brand strategy ASSA ABLOY as master brand United sales force and progressive implementation on products Product brands capitalizing on installed base Four Global brands where market position is unique

14 14 + The Group’s product leadership is achieved through the continuous development of products offering enhanced customer value and lower product costs. Product leadership

15 Product leadership through innovation  We are convinced that innovation is the most important driver for growth  We have more than doubled investments in R&D the last five years and have over 1 200 engineers  We assure long term competitive advantage by continuously improving our products in terms of benefits, costs and quality

16 Increased share of fast growing products – electromechanics 2000 14 sek bn 2011 42 sek bn 42% 36% 22% Mechanical locks & accessories 66% Electronics/ electromech 20% Security doors 14% Mechanical locks & accessories 38% Electronics/ electromech 42% Security doors 20%

17 17 Some ASSA ABLOY products

18 18 Some ASSA ABLOY products

19 19 + Efforts to increase cost- efficiency continue in all areas, including common product platforms with fewer components and common product development. Cost efficiency

20 Efficient manufacturing footprint

21 Radically reduce our break-even cost through professional sourcing  Limited number of suppliers  Strategic partners  Supplier agreements  Category management  Value Engineering  Zero-defect suppliers

22 22 = 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

23 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

24 24 ASSA ABLOY divisions 2011 Mech & el mech locks, cylinders & security doors Electronic access & identity Entrance automation Americas 21% EMEA 30% Asia Pacific 15% Global Technologies (HID & Hospitality) ASSA ABLOY Entrance Systems Product Offering Organization % of Group Sales 66% 14% 20%

25 EMEA division 2011  Europe, Middle East and Africa  In 2011, EMEA grew by 5 percent and sales totaled SEK 13,030 M  The division has 10,100 employees  Some of the leading brands are ABLOY, ASSA, TESA, Yale and Vachette 34 Sales Operating income (EBIT) 30 31 Share of Group 30 31

26 Americas division 2011  North and South America  In 2011, Americas grew by 3 percent and sales totaled SEK 8,906 M  The division has 6,700 employees  Some of the leading brands are Corbin Russwin, Curries, Emtek, Medeco, Phillips, SARGENT, Ceco, Yale and La Fonte 30 26 Sales Operating income (EBIT) 21 26 Share of Group

27 Asia Pacific division 2011  Asia, Australia and New Zealand  In 2011, Asia Pacific grew by 13 percent and sales totaled SEK 6,631 M  The division has 15,800 employees  Some of the leading brands in Asia are, Baodean, Guli, King, iRevo Pan Pan, Shenfei, Tianming, Wangli and Yale. In Australia and New Zealand Lockwood and Interlock Sales Operating income (EBIT) 15 13 Share of Group

28  Operates worldwide with focus on access control, secure issuance of cards, RFID identification technology and hotel security  In 2011, Global Technologies grew by 24 percent and sales totaled SEK 5,756 M  The division has 2,800 employees  Leading brands are HID, Fargo, Elsafe and VingCard Global Technologies division 2011 Sales Operating income (EBIT) 14 13 Share of Group

29 Entrance Systems division 2011  Supplies complete solutions for automatic doors and after-sales services  In 2011, Entrance Systems grew by 115 percent and sales totaled SEK 8,278 M  The division has 5,600 employees  Leading brands are Besam, Crawford, DITEC, EntreMatic, Flexiforce and Normstahl Sales Operating income (EBIT) 20 17 Share of Group

30 ASSA ABLOY Financial overview

31 Financial overview 2011  Sales increased to SEK 41,786 M (13%)  Operating income (EBIT) SEK 6,624 M (10%)  Earnings per share SEK 12.30 (13%)  Operating cash flow SEK 6,080 M (6,285)

32 Earnings per share

33 Sales split Group overview End users Recurring businessProduct mix Commercial and institutional 75% Residential 25% New construction 33% After market 67% Mechanical products 38% Electronic products 22% Security doors 20% Entrance automation 20%

34

35 Sustainable development Increased focus on sustainable products

36 The sustainable development program in brief 2007 Sustainability program 2008 Sustainability strategy for product development including checklists Employee survey Marketing and sales training Training in supplier control Updated Code of Conduct 2009 Sales companies and offices are included in reported figures Increased monitoring of energy consumption and CO 2 Launch of joint recruitment and selection guide 2010 Increased audit of suppliers in low-cost countries Targets for 2015 are defined for all monitored areas Employee survey 2006 Tools for supplier control Employee survey 2011 Increased reporting of environmental data 25 percent more Group companies included in reporting Improved analysis and benchmarking opportunities between Group companies Updated Code of Conduct

37 Sustainability highlights 2011  Number or reporting units increased to 256 from 204.  493 sustainability audits were performed in low-cost countries, compared to 376 in 2010. At the year-end, 461 active suppliers had satisfied the minimum standards for quality and sustainability and were classed as reliable.  Two independent social compliance audits were performed in China.  The ASSA ABLOY Code of Conduct was updated.  ASSA ABLOY has adopted an Anti-Bribery policy that applies to the whole Group. The policy is being implemented through face to face trainings, webinars and an online e-learning tool available at ASSA ABLOYs intranet (keyPoint).  A gender-diversity target was established;  30 percent of management positions filled by women in 2020. 37

38 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

39 Customer cases

40 40 Tamar goverment headquarters in Hong Kong increases security with ASSA ABLOY

41 41 Flora Holland is tracking flowers around the world with ASSA ABLOY

42 42 41 Cooper Square, the new academic building for The Cooper Union

43 43 South Carolina Governor’s School

44 44 Eden Park in Auckland, New Zealand is ready for 2011 Rugby World Cup

45 45 One of Beijing’s most exclusive addresses chose ASSA ABLOY for security and design

46 46 Students gain access with HID in Reykjavik

47 47 Landmarked hotel in Beirut increases productivity and security with VingCard

48 48 The Hermitage in Saint Petersburg, Russia secured by Abloy

49 49 Crawford helps Lidl to be the most energy-efficient in the retail cool chain

50 50 Megadoor helps Cleveland Hopkins International Airport control the climate during the cold winter months

51 51 Besam helps Vietland hospital in the Netherlands to provide comfort and security

52 52 iRevo is Korea’s largest supplier of digital door locks with distribution in Korea, China, the US and Europe.

53 53 Berlin TV-tower secured by the intelligent locking solution CLIQ

54 www.assaabloy.com


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