ASSA ABLOY: Financial targets and outlook

In connection with ASSA ABLOY's Capital Markets Day on 17 November Johan Molin,
President and CEO, reconfirmed that the financial targets set in 2008 remains
unchanged.

The overall financial targets are to achieve an average growth of 10 percent
annually by a combination of organic and acquired growth and an operating margin
(EBIT) of 16-17 percent. The targets are long term and should be seen as an
average over a business cycle.

As previously communicated in the quarterly report on 28 October the CEO stated
that short term the business cycle on the mature markets remains weak but stable
because of cuts in public funding, while the trend on the emerging markets is
expected to remain positive, although at a lower level than before.

The long-term outlook remains unchanged compared to the last published in the
quarterly report on 28 October *).



*) Long term outlook published October 28, 2011

Long term, ASSA ABLOY expects an increase in security-driven demand. Focus on
end-user value and innovation as well as leverage on ASSA ABLOY's strong
position will accelerate growth and increase profitability.

Organic sales growth is expected to continue at a good rate. The operating
margin (EBIT) and operating cash flow are expected to develop well.



For more information, please contact:
Johan Molin, President and CEO, tel no: +46 8 506 485 42
Tomas Eliasson, CFO and Executive Vice President, tel no: +46 8 506 485 72

ASSA ABLOY discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 11.30 CET on 17 November.


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