Welcome to our dedicated page for Securitas news (Ticker: SCTBY), a resource for investors and traders seeking the latest updates and insights on Securitas stock.
Securitas AB (SCTBY) is a global leader in security services and technology solutions, protecting businesses and communities since 1934. This page serves as the definitive source for verified news and official updates about the company’s operations, financial performance, and industry leadership.
Access real-time press releases, earnings announcements, and strategic developments in one centralized location. Investors will find essential updates on quarterly results, mergers & acquisitions, and partnership agreements. Analysts can track technological innovations like AI-driven surveillance systems and integrated risk management platforms.
Our curated news feed covers key business areas including security services expansion, sustainability initiatives, and leadership appointments. Stay informed about Securitas’ global operations across 48 markets and its efforts to combine human expertise with cutting-edge security technology.
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Securitas AB (SCTBY) reported solid Q2 2024 performance with total sales of MSEK 40,638, a 5% organic sales growth. The operating margin improved to 6.9% from 6.6% in Q2 2023. Earnings per share increased to SEK 2.28 from SEK 2.05. The company saw strong growth in technology and solutions, with real sales growth of 7%. Cash flow from operating activities improved to 60% from 46% last year.
CEO Magnus Ahlqvist highlighted the company's progress in shaping for long-term sustainable shareholder value, focusing on growth in technology and solutions, portfolio profitability in security services, and digital innovation. Securitas remains committed to achieving an 8% operating margin target by the end of 2025.
Securitas AB (publ) held its Annual General Meeting in Stockholm on May 8, 2024. The AGM adopted financial statements, approved a dividend of SEK 3.80 per share, re-elected Board members, re-elected auditors, approved a remuneration report and incentive program, and authorized share acquisitions and transfers. The AGM also adopted guidelines for remuneration to Group Management.
Securitas AB reported positive results in Q1 2024, with total sales of MSEK 39,260 and 7% organic sales growth. Operating margin improved to 6.0%, driven by North American operations. Technology and solutions sales grew by 7%. Earnings per share increased to SEK 1.84. The company focuses on long-term sustainable shareholder value and aims for an 8% operating margin by 2025.
