USX:ASAZY - Assa Abloy AB Assa Abloy AB
Sector: Information Technology, Industry: Electronic Equipment & Instruments
Next Earnings: 23 Oct 2024
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USD 16.77    +0.1 (+0.60%)

24 Sep 2024


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General

Established: 1994

Country: SWE

City: Stockholm

Employees: 61000

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Description

Assa Abloy is the world’s largest supplier of locking and physical access solutions, sporting the world’s largest installed base of locks that protect some of the most security-sensitive buildings, such as the European Parliament in Brussels. Some 70% of the group's revenue is derived from commercial, government, and other nonresidential customers. The company's product base is centred on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or personal identification number. Assa Abloy's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers.

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