In Q3 18, Securitas delivered strong organic sales growth (+6%) and a slight increase in the operating margin before amortization (+0.1pt of sales). Generally, Securitas was able to balance wage inflation and selling price increases. In addition, sales of security solutions and electronic security increased at a high pace (+22% in 9M18, including the acquisition). The restructuring programme was implemented in Europe with a pay-back of two years.
29 Oct 2018
Solid organic sales growth.
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Solid organic sales growth.
Securitas AB Class B (S7MB:FRA) | 0 0 0.6% | Mkt Cap: 47,995m
- Published:
29 Oct 2018 -
Author:
Hélène Coumes -
Pages:
3
In Q3 18, Securitas delivered strong organic sales growth (+6%) and a slight increase in the operating margin before amortization (+0.1pt of sales). Generally, Securitas was able to balance wage inflation and selling price increases. In addition, sales of security solutions and electronic security increased at a high pace (+22% in 9M18, including the acquisition). The restructuring programme was implemented in Europe with a pay-back of two years.