Securitas AB Interim Report for January–June 2018

Monday, July 30, 2018

COMMENTS FROM THE PRESIDENT AND CEO

Organic sales growth was strong at 7 percent (3) in the first half year with strong market momentum throughout the Group. We benefit from successful commercial activities in combination with excellent client retention. The operating conditions in the second quarter are similar to the first quarter with favorable macroeconomic conditions in our main markets. We estimate that we grew faster than the security market in general, and our ability to deliver complete security solutions is a market advantage. The operating margin improved to 4.9 percent, supported by North America and Ibero-America while there was a slight decline in Europe. Earnings per share, adjusted for changes in exchange rates, improved by 15 percent. This growth is based on our strong commercial development and further impacted from the US tax reform from December 2017.

Available documents