Nico Delvaux - ASSA ABLOY President CEO

ALZC Stock  EUR 27.77  0.43  1.52%   

CEO

Mr. Nico Delvaux was appointed President and Chief Executive Officer, Head of Global Technologies Division at ASSA ABLOY AB, effective as of March 15, 2018. Nico Delvaux was previously President and CEO of Metso Corporationrationration, Finland from August 2017 till February 2018. Prior to this position, he has held management positions for more than two decades in the Atlas Copco Group, most recently as President of Atlas Copcos Compressor Technique Business Area . He was also Business Area President Construction Technique 20112014, and various positions in sales, marketing, service, acquisitionintegration management and general manager in markets including Benelux, Italy, China, Canada, and the United States 19912011. He has a Master of Engineering in Electromechanics from Free University of Brussels and an MBA from Handelshogeschool, Antwerp, Belgium. since 2018.
Age 57
Tenure 7 years
Professional MarksMBA
Phone46 8 50 64 85 00
Webhttps://www.assaabloy.com

ASSA ABLOY Management Efficiency

The company has return on total asset (ROA) of 0.0813 % which means that it generated a profit of $0.0813 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1709 %, meaning that it generated $0.1709 on every $100 dollars invested by stockholders. ASSA ABLOY's management efficiency ratios could be used to measure how well ASSA ABLOY manages its routine affairs as well as how well it operates its assets and liabilities.
ASSA ABLOY AB has accumulated 20.2 B in total debt with debt to equity ratio (D/E) of 65.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. ASSA ABLOY AB has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist ASSA ABLOY until it has trouble settling it off, either with new capital or with free cash flow. So, ASSA ABLOY's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ASSA ABLOY AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ASSA to invest in growth at high rates of return. When we think about ASSA ABLOY's use of debt, we should always consider it together with cash and equity.
ASSA ABLOY AB provides door opening products, solutions, and services for the institutional, commercial, and consumer markets in Europe, the Middle East, Africa, North and South America, Asia, and Oceania. ASSA ABLOY AB was founded in 1994 and is based in Stockholm, Sweden. ASSA ABLOY is traded on Frankfurt Stock Exchange in Germany. ASSA ABLOY AB (ALZC) is traded on Frankfurt Exchange in Germany and employs 52,463 people.

Management Performance

ASSA ABLOY AB Leadership Team

Elected by the shareholders, the ASSA ABLOY's board of directors comprises two types of representatives: ASSA ABLOY inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ASSA. The board's role is to monitor ASSA ABLOY's management team and ensure that shareholders' interests are well served. ASSA ABLOY's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ASSA ABLOY's outside directors are responsible for providing unbiased perspectives on the board's policies.
Nico Delvaux, President CEO
Ann Holmberg, Head Communications
Massimo Grassi, Ex Division
Neil Vann, Executive Vice President Head of EMEA Division
Martin Poxton, EVP SEA
Bjorn Lidefelt, Exec Global
Simon MBA, EVP Asia
Bjrn Tibell, Head Relations
Erik Pieder, CFO, Executive Vice President
Lucas Boselli, Executive Vice President Head of Americas Division

ASSA Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ASSA ABLOY a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in ASSA Stock

ASSA ABLOY financial ratios help investors to determine whether ASSA Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ASSA with respect to the benefits of owning ASSA ABLOY security.