Our trusted hand and power tools are known worldwide for being tough, innovative and up to the task. With robust storage solutions to match, we serve both the pro and the do-it-yourselfer who wants to work like one.
Growth in every region and business unit, with 7% total overall organic growth.
Unprecedented 15.7%* operating margin for CDIY overall, up 70 basis points versus 2013.
1,000 products (SKUs)—designed and manufactured in the region for the region—launched by emerging market business units.
Working capital turns exceed 10 turns leveraging SFS, a post-merger record.
We build the solutions that keep your world running—from leading tools, tool tracking and productivity solutions for industrial and automotive repair, to pipeline construction and hydraulic tools, to preferred engineered fastening solutions.
Overall segment organic growth of 5% and a 16.0%* operating margin rate, up 140 basis points versus prior year.
STANLEY Engineered Fastening posts 6% organic growth, with a high teens operating margin rate, a record over the last decade. Working capital turns reach a record 8.6 turns.
IAR achieved 5% organic growth, with mid-teens operating margin rate, up 160 basis points versus prior year.
Offshore services from STANLEY Oil & Gas continued double-digit growth.
Advanced Industrial Solutions, one of the organic growth initiatives, grew over 20% for a third consecutive year.
We deliver peace of mind with advanced electronic safety, security and monitoring solutions, innovative locks and automatic doors, and for healthcare providers, sophisticated patient safety, asset tracking and productivity solutions.
STANLEY Security North America returned to organic growth, led by Vertical Markets success and Access Technologies growth.
- Vertical Markets solutions in Financial, Retail, Healthcare, Education and Government deliver $140 million of revenues, ahead of target
- Access Technologies generates 5% organic growth with key project wins in Transportation
Segment operating margin rate of 11.7%* was flat versus 2013 as Security Europe stabilized in the front half of the year and expanded margins sequentially in three of the four quarters during the year. Europe also achieved its targeted attrition rate of 10–12% for 2014 and demonstrated order growth across the year.
* Excluding charges