Securitas AB (publ) (SCTBF)
| Previous close | 9.75 |
| Open | 9.75 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 9.75 - 9.75 |
| 52-week range | 7.45 - 10.93 |
| Volume | |
| Avg. volume | 60 |
| Market cap | 5.638B |
| Beta (5Y monthly) | 0.91 |
| PE ratio (TTM) | 44.32 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.36 (3.71%) |
| Ex-dividend date | 15 Nov 2024 |
| 1y target est | N/A |
- Reuters
Securitas Q1 profit meets forecast as Europe margin lags
(Reuters) -Core profit at Sweden's Securitas rose 8% in the first-quarter year on year as expected on Wednesday but a dip in its profit margin in Europe on integration costs and challenges in airport security staffing knocked its share price. The results were led by its performance in North America while the 5.0% margin it reported in Europe came in below the 5.1% a year ago, sending shares down around 4% by 0800 GMT. "The margin in the European business actually disappointed and fell year over year, and I think that's seen a little bit negatively by the market," Kepler Cheuvreux analyst Johan Eliason said.
- Reuters
Securitas Q4 improves free cash flow, sending shares up 8%
STOCKHOLM (Reuters) -Securitas, the world's second-biggest security services group, on Wednesday reported better-than-expected free cash flow in the fourth quarter and said it had cut debt, sending shares up nearly 8%. In the three months to end December, Securitas' free cash flow doubled to 3.50 billion Swedish crowns ($333.4 million), a significant rise from 1.17 billion a year ago and well ahead of the 2.4 billion expected by consensus quoted by Jefferies. Jefferies said free cash flow had been a key focus into the results, with ABG Sundal Collier analyst Stefan Knutsson stating the strong reading was driving the shares on Wednesday.
- Reuters
Securitas Q2 profit beats forecast
Sweden's Securitas reported on Friday a bigger than expected rise in second-quarter core profit as earnings margins rose and said its high-margin technology and solutions business grew by 12%, sending the company's shares higher. Operating profit before amortisation (EBITA) at the security services group rose to 2.62 billion Swedish crowns ($248.9 million) from a year-ago 1.76 billion, beating the average analyst forecast of 2.39 billion in a company-provided poll. "Organic sales growth in the group continued to be driven primarily by price increases, although volume growth was good within technology and solutions and in the airport security business," CEO Magnus Ahlqvist said in a statement.
