Q2 17 was a bit disappointing as organic sales growth (+3%) was slightly below the trend in Q1 17 (+4%) and the operating margin was down by 0.2pt to 4.9% of sales. Q2 17 figures Sales were SEK23,031m (+7%, +3% organically). Organic growth remained buoyant in the Security services Ibero-America division (+14% vs +15% in Q1 17) and was in line with expectations in Security services Europe (+1% vs 0% in Q1 17 and +8% in Q2 16) reflecting lower extra-sales related to refugees which were at an un
28 Jul 2017
Still over-sized in Europe
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Still over-sized in Europe
Securitas AB Class B (S7MB:FRA) | 0 0 0.6% | Mkt Cap: 47,995m
- Published:
28 Jul 2017 -
Author:
Hélène Coumes -
Pages:
3
Q2 17 was a bit disappointing as organic sales growth (+3%) was slightly below the trend in Q1 17 (+4%) and the operating margin was down by 0.2pt to 4.9% of sales. Q2 17 figures Sales were SEK23,031m (+7%, +3% organically). Organic growth remained buoyant in the Security services Ibero-America division (+14% vs +15% in Q1 17) and was in line with expectations in Security services Europe (+1% vs 0% in Q1 17 and +8% in Q2 16) reflecting lower extra-sales related to refugees which were at an un