Gunnebo - global leader in physical security

Gunnebo - global leader in physical security Following the acquisition of some 30 companies in the field of security coupled with organic growth, Gunnebo has, in a short space of time, become one of the world's leading groups in physical security. The Gunnebo Group currently has some 8,300 employees in 95 companies, located in 29 countries. The Group has sales to a further hundred markets via agents and distributors. Annual turnover amounts to some MSEK 6,700. In 1995 a new business direction and new strategies were decided upon and Gunnebo has since focused on becoming one of the world's leading companies in physical security. Following the acquisition of Chubb Safes in August last year, Gunnebo now markets four of the world's leading brand names in bank and safe products: Chubb Safes, Fichet-Bauche, Rosengrens and Garny. Gunnebo's market share of the European market for asset protection is more than 50 per cent, and globally it is estimated at 20-30 per cent. Gunnebo's financial targets are * The Group's expansion will be achieved subject to healthy profitability and the maintenance of a strong financial position. * The Group will earn a minimum return on capital employed of 15 % and a minimum operating margin of 7 % after depreciation of goodwill over an economic cycle. * In the long term, the equity ratio shall not fall below 30 % (29 % in 2000). At present, some 80 % of Gunnebo's business is in security-related products, which is conducted through four security divisions: Gunnebo Physical Security, Gunnebo Integrated Security, Gunnebo Perimeter Security and Gunnebo Steelage. There is a fifth division, Gunnebo Engineering, which primarily develops, manufactures and markets products and systems for heavy lifting, anti-skid and tyre protection based on chains and fastening systems. Gunnebo Physical Security Products and services: Fire and burglar-resistant safes. Security products for banks: safe deposit boxes, bank vaults and vault doors. Security products for cash handling and transport on behalf of banks and the retail trade; automatic cash handling machines, night safes, deposit boxes and transit safes. Installation and service. Turnover: MSEK 2,400 Number of employees: 2,400 Gunnebo Integrated Security Products and services: Electronic security systems; burglar alarms, fire alarms, CCTV (surveillance with cameras and monitors), alarm monitoring centres and centres for responding to alarms, entrance control and access control systems. Fire extinguishing systems. Installation and service. Turnover: MSEK 1,850 Number of employees: 2,700 Gunnebo Perimeter Security Products and services: Outdoor perimeter protection and access control such as gates, fencing, alarm systems and products for road safety. Indoor perimeter protection for houses, industry, warehouses and public environments. Turnover: MSEK 1,100 Number of employees: 800 Gunnebo Steelage Gunnebo's security company in India is listed there. Gunnebo currently owns 62 % of the company's capital. Products and services: Fire- and burglar-resistant safes. Security products for banks: safe deposit boxes, bank vaults and vault doors. Fire extinguishing systems. Fire alarms. Installation and service. Turnover: MSEK 150 Number of employees: 1,300 GUNNEBO AB Information For more information, please contact: For further information, please contact Gunnebo Group Communications: Janerik Dimming, Director of Information Gunnebo AB, e-mail: janerik.dimming@gunnebo.se or phone: +46 31 83 68 00, mobile phone: +46 705 83 68 03. Postal address: Box 5181, S-402 26 Göteborg, Sweden ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/01/27/20040127BIT00040/wkr0001.doc http://www.waymaker.net/bitonline/2004/01/27/20040127BIT00040/wkr0002.pdf