Securitas AB Interim Report January–March 2015
JANUARY–MARCH 2015<br/><br/>• Total sales MSEK 19 486 (16 111)<br/><br/>• Organic sales growth 5 percent (2)<br/><br/>• Operating income before amortization MSEK 909 (738)<br/><br/>• Operating margin 4.7 percent (4.6)<br/><br/>• Earnings per share SEK 1.46 (1.13)<br/><br/>• Free cash flow/net debt 0.20 (0.20)
COMMENTS FROM THE PRESIDENT AND CEO
Organic sales growth reached 5 percent in the first quarter, an improvement reflected in all business segments. The improved macro economy in the US supported the growth and Spain turned to positive organic sales growth for the first time in several years.
Earnings per share improved The operating margin remained stable and earnings per share improved with 10 percent in real terms in the first quarter.
Technology is reshaping the security industry We have been preparing for the paradigm shift in the security industry for the past four years. Our strategy is clear: to integrate on-site, remote and mobile guarding services with technology solutions to achieve a higher level of customer satisfaction through cost-efficiency and added value.
Increasing the sales of security solutions and technology will continue to be the most important strategic focus of Securitas in years to come. In 2014, security solutions and technology sales grew with 28 percent compared to 2013. We estimate that we can continue to grow the sales of security solutions and technology in at least the same range in 2015 and the trend in the first quarter supports that target.
President and Chief Executive Officer
PRESENTATION OF THE INTERIM REPORT
Analysts and media are invited to participate in a telephone conference on May 8, 2015 at 13:30 p.m. (CET) where Securitas CEO Alf Göransson will present the report and answer questions. The telephone conference will also be audio cast live via Securitas web. No information meeting will take place at Securitas headquarters at Lindhagensplan in Stockholm. To participate in the telephone conference, please dial in five minutes prior to the start of the conference call:
The United States: + 1 855 269 2605
Sweden: + 46 (0) 8 519 993 55
United Kingdom: + 44 (0) 203 194 0550
To follow the audio cast of the telephone conference via the web, please follow the link www.securitas.com/webcasts. A recorded version of the audio cast will be available at www.securitas.com/webcasts after the telephone conference.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Micaela Sjökvist, Head of Investor Relations, + 46 10 470 3013
Senior Vice President Corporate Communications and Public Affairs, + 46 10 470 3011
Securitas AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 12.00 (CET) on Friday, May 8, 2015.