ASSA ABLOY ranked as one of most innovative companies in the world

ASSA ABLOY has been ranked 78th in Forbes’ latest list of the world’s most innovative companies published on Wednesday – ahead of such giants as Apple (79) and Adidas (92).

“This is a great recognition of our ongoing work to innovate our products and services”, comments Juan Vargues, President & CEO of ASSA ABLOY Entrance Systems.

Forbes says that its innovation ranking is different to many others, relying heavily on “the wisdom of the crowd” – or, more specifically, on investors’ ability to identify firms that they expect to be innovative now and in the future.

The full list is available here and – while innovation is prioritized – it also includes information about the various companies’ sales growth over the past 12 months.

Forbes Magazine is a leading source for reliable business news and financial information.