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Assa Abloy AB ADR ASAZY

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Morningstar’s Analysis

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Company Profile

Business Description

Assa Abloy has the world’s largest installed base of locks, protecting some of the most security-sensitive buildings, including the European Parliament in Brussels. Three fourths of its revenue comes from government and commercial customers. The company's product base is centred on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or PIN. The company's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers.

Contact
Klarabergsviadukten 90, P.O.Box 70340
Stockholm, SE-107 23, Sweden
T +46 850648500
Sector Industrials
Industry Security & Protection Services
Most Recent Earnings Jun 30, 2021
Fiscal Year End Dec 31, 2021
Stock Type
Employees 50,727