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Securitas is a world-leading safety and security solutions partner with almost nine decades of deep experience in making the world a safer place. The company specializes in leveraging technology to provide innovative security services tailored to clients' needs. With approximately 341,000 employees in 44 markets, Securitas creates sustainable value by protecting people and assets.
Securitas recently organized an Investor Day where the senior leadership team highlighted the company's successful transformation, long-term strategy, financial targets, and strong sustainability position. The event showcased Securitas's ongoing efforts to integrate STANLEY Security, emphasizing a shift towards improved earnings per share and cash flow.
The company's core focus is on operational value creation through the growth of technology and solutions, profitability of security services, cost efficiency, and digital innovation. Securitas aims to achieve a target operating margin of 8% by the end of 2025, solidifying its position as a leading security solutions provider.
Securitas AB held its Annual General Meeting on May 5, 2022, in Stockholm, approving the financial statements for 2021. The AGM declared a dividend of SEK 4.40 per share, with a record date of May 9, 2022, and distribution starting on May 12, 2022. The Board of Directors will consist of eight members, with Jan Svensson re-elected as Chair. Ernst & Young AB was re-elected as auditors. The meeting also authorized the Board to manage share acquisitions, amend Articles of Association, and issue new shares up to the next AGM.
Securitas AB will release its Interim report for January-March 2022 on May 4, 2022, at 1.00 p.m. (CET). The report will be available as a press release from Cision and on www.securitas.com. A presentation of the report will occur in a telephone conference at 2.30 p.m. (CET), featuring Securitas President and CEO Magnus Ahlqvist and CFO Andreas Lindback. Analysts and media are invited to participate, with dial-in details provided.
Securitas AB will release its Full Year Report for January-December 2021 on February 8, 2022, at 8:00 a.m. CET. The report is set to be distributed via a press release and will be accessible on Securitas' official website. Following the release, presentation slides will be available at 9:00 a.m. CET. A telephone conference hosted by Securitas' President and CEO Magnus Ahlqvist and CFO Andreas Lindback will occur at 9:30 a.m. CET, allowing analysts and media to participate and ask questions.
Securitas is acquiring Supreme Security Systems, a leading US alarm monitoring company, for approximately MUSD 20. This strategic acquisition aims to enhance Securitas' service capabilities in the northeast US and is a part of their goal to double their security solutions business by 2023. With total annual sales of MUSD 10, Supreme Security's strong recurring revenue base constitutes over 70% of its revenue. The acquisition is anticipated to improve Securitas' operating margin and is expected to be accretive to EPS starting 2022.
Securitas announces its Investor Day now scheduled for March 21, 2022, from 13.00 to 17.00 CET at its Stockholm headquarters. The event was postponed from December 7, 2021 to allow for live attendance, enhancing interactivity.
Attendees will receive strategic and financial updates regarding Securitas' transformation programs and intelligent security services developments. A detailed invitation will be sent closer to the date.
On October 29, 2021, Securitas AB will release its Interim Report for January-September 2021 at approximately 1:00 p.m. (CET). The report will be disseminated via a press release and will be available on Securitas' website. A presentation will follow at 2:30 p.m. (CET), which will include a telephone conference led by President and CEO Magnus Ahlqvist and CFO Andreas Lindback. Interested parties can join the conference by calling in or via an audio cast available on the company's web platform.
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