Annual Report 2008

See ASSA ABLOY Annual Report 2008 on-line web version

2008 in brief

• Sales increased by 4 percent to SEK 34,918 M (33,550).
• Operating income (EBIT) amounted to SEK 5,5261 M (5,458).
• Earnings per share amounted to SEK 9.211 (9.02).
• Operating cash flow amounted to SEK 4,769 M (4,808)
• The restructuring program initiated in 2006 has been a great success and will be completed in 2009. The annual rate of savings is close to the target level of SEK 600 M, which will be achieved during 2009.
• A new review of production structures was carried out during the year and the cost of the new program amounts to SEK 1,180 M with a payback time of 2–3 years.
• Significant investments were made in product development, which will make a positive contribution to sales.
• 18 companies were acquired during the year, bringing in annual sales of SEK 1,800 M.

ASSA ABLOY Annual Report 2008 on-line web version

Other formats:
Annual Report 2008 (pdf)

Order a printed copy.

See also ASSA ABLOY Sustainability Report 2008