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Annual Report 2017 - assaabloy.com

Annual Report2017 The global leader in door opening solutions More and more homes are being equipped with smart door locks for improved safety, security and convenience Report on operationsASSA ABLOY in brieftabStatement by the President and CEO 2 Value creation strategy 6 Goals and outcomes7 Value-creating model8 Market presence 10 Product leadership 16 Cost-efficiency 22 Profitable growth 26 DivisionsASSA ABLOY divisions 28 EMEA division 29 Americas division 30 Asia Pacific division 31 Global Technologies division 32 Entrance Systems division 33 Sustainability reportSustainable development36 Report of the Board of DirectorsReport of the Board of Directors 39 Significant risks and risk management 41 Corporate governance 46 Board of Directors 50 Executive Team 52 Internal control financial reporting54 Remuneration guidelines for senior management 55 Financial statementsSales and income 56 Consolidated income statement and Statement of comprehensive income 57 Comments by division 58 Results by division 59 Financial position 60 Consolidated balance sheet 61 Cash flow 62 Consolidated statement of cash flows 63 Changes in

FOR WHOM? WHERE ARE WE? OUR DIVISIONS ASSA ABLOY has leading positions in most of Europe, North and South America, Asia and Oceania. ASSA ABLOY covers all needs for door opening solutions and service for institutional and commercial customers, as well as for the residen -

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