ASSA ABLOY's 2024 Annual Report Highlights Sustained Growth

Author: Owen Jenkins Updated: 03-17-2025 05:40 AM

ASSA ABLOY Unveils Annual Report for Exceptional Year

ASSA ABLOY, recognized globally as a leader in access solutions, has recently released its Annual Report for the year 2024. The report showcases the company's journey and achievements throughout the year.

Celebrating Achievements and Growth

Nico Delvaux, President & CEO of ASSA ABLOY, stated, "We can reflect on a successful year where we achieved significant milestones despite facing market challenges. Record earnings were reached with our operating margin aligned with our financial objectives, highlighting our continued progress. Notably, we reached our Scope 1 and 2 carbon emission reduction target ahead of schedule. Additionally, we celebrated 30 years of ASSA ABLOY’s innovation and impact."

Sustainability as a Core Focus

The 2024 Annual Report includes ASSA ABLOY's inaugural Corporate Sustainability Report Directive (CSRD), released a year in advance of the official requirement. This report elaborates on the company’s sustainability initiatives and provides insights into key accomplishments over the past year.

About ASSA ABLOY and Its Commitment

ASSA ABLOY operates with approximately 63,000 employees globally and has achieved sales exceeding SEK 150 billion. The company maintains a leading position in various sectors, including efficient door openings, trusted identities, and entrance automation. By constantly investing in innovation, ASSA ABLOY ensures safe and secure access to both physical and digital environments.

Company Contact Information

For further inquiries, Björn Tibell from Investor Relations can be contacted at +46 70 275 67 68, while Christiane Belfrage from Corporate Communications is available at +46 8 506 485 10.

Innovating for a Secure Future

In line with its mission, ASSA ABLOY continues to prioritize safety, security, and convenience, providing innovative solutions. The path ahead involves enhancing product offerings while integrating sustainable practices.

Frequently Asked Questions

What does the 2024 Annual Report cover?

The report highlights ASSA ABLOY's achievements, sustainability efforts, and financial performance for 2024.

Who is the CEO of ASSA ABLOY?

Nico Delvaux is the President & CEO of ASSA ABLOY.

What sustainability goals has ASSA ABLOY achieved?

ASSA ABLOY successfully reached its Scope 1 & 2 carbon emission reduction target ahead of time.

How many employees does ASSA ABLOY have?

The company employs approximately 63,000 individuals worldwide.

Why is the CSRD important for ASSA ABLOY?

It showcases the company's commitment to sustainability, detailing initiatives and progress a year before required reporting.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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