ASSA ABLOY AB (publ)

DB:ALZ Stock Report

Market Cap: €31.8b

ASSA ABLOY Management

Management criteria checks 4/4

ASSA ABLOY's CEO is Nico Delvaux, appointed in Mar 2018, has a tenure of 6.83 years. total yearly compensation is SEK57.63M, comprised of 40.3% salary and 59.7% bonuses, including company stock and options. directly owns 0.025% of the company’s shares, worth €7.85M. The average tenure of the management team and the board of directors is 5 years and 3.8 years respectively.

Key information

Nico Delvaux

Chief executive officer

SEK 57.6m

Total compensation

CEO salary percentage40.3%
CEO tenure6.8yrs
CEO ownership0.02%
Management average tenure5yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nico Delvaux's remuneration changed compared to ASSA ABLOY's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 15b

Jun 30 2024n/an/a

SEK 15b

Mar 31 2024n/an/a

SEK 14b

Dec 31 2023SEK 58mSEK 23m

SEK 14b

Sep 30 2023n/an/a

SEK 13b

Jun 30 2023n/an/a

SEK 14b

Mar 31 2023n/an/a

SEK 13b

Dec 31 2022SEK 52mSEK 21m

SEK 13b

Sep 30 2022n/an/a

SEK 13b

Jun 30 2022n/an/a

SEK 11b

Mar 31 2022n/an/a

SEK 12b

Dec 31 2021SEK 50mSEK 19m

SEK 11b

Sep 30 2021n/an/a

SEK 9b

Jun 30 2021n/an/a

SEK 11b

Mar 31 2021n/an/a

SEK 10b

Dec 31 2020SEK 35mSEK 18m

SEK 9b

Sep 30 2020n/an/a

SEK 10b

Jun 30 2020n/an/a

SEK 8b

Mar 31 2020n/an/a

SEK 10b

Dec 31 2019SEK 43mSEK 17m

SEK 10b

Sep 30 2019n/an/a

SEK 9b

Jun 30 2019n/an/a

SEK 9b

Mar 31 2019n/an/a

SEK 3b

Dec 31 2018SEK 29mSEK 13m

SEK 3b

Compensation vs Market: Nico's total compensation ($USD5.17M) is about average for companies of similar size in the German market ($USD4.76M).

Compensation vs Earnings: Nico's compensation has been consistent with company performance over the past year.

CEO

Nico Delvaux (58 yo)

6.8yrs

Tenure

SEK 57,626,000

Compensation

Mr. Nico Delvaux has been President, Chief Executive Officer and Head of Global Technologies Division at ASSA ABLOY AB (publ) since March 15, 2018. Mr. Delvaux served as Chief Executive Officer and Preside...

Leadership Team

NamePositionTenureCompensationOwnership
Nico Delvaux
President6.8yrsSEK 57.63m0.025%
€ 7.8m
Erik Pieder
Executive VP & CFO6yrsno data0.0020%
€ 623.3k
Björn Tibell
Head of Investor Relationsno datano datano data
Ann Holmberg
Head of Corporate Communications22.5yrsno datano data
Helle Bay
Executive VP & Chief HR Officer2.6yrsno data0.00029%
€ 92.2k
Lucas Boselli
Executive VP & Head of Americas Division6.8yrsno data0.0080%
€ 2.5m
Neil Vann
Executive VP & Head of EMEA division6.5yrsno data0.0031%
€ 973.1k
Bjorn Lidefelt
Executive VP & Head of Global Technologies Business Unit HID Global5yrsno data0.0040%
€ 1.3m
Simon Ellis
EVP and Head of Asia Pacific Business Unit ASSA ABLOY Opening Solutions Pacific & North East Asia4yrsno data0.00074%
€ 235.3k
Martin Poxton
EVP and Head of Asia Pacific Business Unit ASSA ABLOY Opening Solutions Greater China & SEA4yrsno data0.00061%
€ 194.0k
Massimo Grassi
Executive VP & Head of Entrance Systems Division3.3yrsno data0.0014%
€ 435.7k
Stephanie Ordan
Executive VP & Head of the Global Solutions Business Unit of Global Technologies Division3.3yrsno data0.00079%
€ 251.2k

5.0yrs

Average Tenure

52yo

Average Age

Experienced Management: ALZ's management team is seasoned and experienced (5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Lena Olving
Independent Director6.8yrsSEK 1.13m0.000050%
€ 15.9k
Carl Douglas
Independent Vice Chairman21yrsSEK 1.12mno data
Sofia Hogberg
Independent Director7.8yrsSEK 890.00kno data
Joakim Weidemanis
Independent Director4.8yrsSEK 890.00kno data
Susanne Aklundh
Independent Director3.8yrsSEK 1.24m0.00023%
€ 73.1k
Johan Hjertonsson
Independent Chairman3.8yrsSEK 3.17m0.00090%
€ 286.2k
Bjarne Johansson
Employee Representative Deputy Director10yrsno datano data
Victoria Van Camp
Independent Director1.8yrsSEK 1.13m0.00061%
€ 194.0k
Erik Ekudden
Independent Director2.8yrsSEK 972.00kno data
Annika Akerblom
Employee Representative Deputy Director2yrsno datano data
Fredrik Bergvall
Deputy Board Memberless than a yearno datano data

3.8yrs

Average Tenure

56yo

Average Age

Experienced Board: ALZ's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 07:34
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ASSA ABLOY AB (publ) is covered by 52 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anders IdborgABG Sundal Collier
Allan SmylieBarclays
George FeatherstoneBarclays