Securitas AB upgraded to 'BBB' by S&P Global Ratings

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Securitas AB was upgraded to 'BBB' with a stable outlook by S&P's Global Ratings due to lower leverage and strong cash flow generation.

STOCKHOLM, Feb. 14, 2024 /PRNewswire/ -- Securitas AB was today upgraded to `BBB' with stable outlook.

Based on lower leverage and strong cash flow generation, S&P's Global Ratings has upgraded its long-term credit rating on Securitas to BBB from BBB-. The outlook is stable.

Further information:

Micaela Sjökvist, Vice President, Investor Relations,
+46 76 116 7443, micaela.sjokvist@securitas.com

The following files are available for download:

https://mb.cision.com/Main/1062/3928875/2605410.pdf

Securitas_credit rating

View original content:https://www.prnewswire.com/news-releases/securitas-ab-upgraded-to-bbb-by-sp-global-ratings-302062040.html

SOURCE Securitas

FAQ

What was Securitas AB's credit rating upgraded to?

Securitas AB was upgraded to 'BBB' with a stable outlook by S&P's Global Ratings.

Why was Securitas AB upgraded?

Securitas AB was upgraded due to lower leverage and strong cash flow generation.

Who upgraded Securitas AB's credit rating?

S&P's Global Ratings upgraded Securitas AB's credit rating.

What is the contact information for Investor Relations at Securitas AB?

Micaela Sjökvist, Vice President of Investor Relations, can be reached at +46 76 116 7443 or micaela.sjokvist@securitas.com.

Where can the original content regarding the credit rating upgrade be found?

The original content can be found at https://www.prnewswire.com/news-releases/securitas-ab-upgraded-to-bbb-by-sp-global-ratings-302062040.html.