Securitas had strong organic sales growth in Q4 17 (+6%) thanks to a good performance in all divisions. Nevertheless, the improvement in the operating margin was not significant in Q4 17 (+0.1pt to 5.3% of sales) due to start-up costs related to new large contracts signed with the US government and restructuring costs in Latin America.
01 Feb 2018
Strong organic sales growth and items impacting the margin
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Strong organic sales growth and items impacting the margin
Securitas AB Class B (S7MB:FRA) | 0 0 0.6% | Mkt Cap: 47,995m
- Published:
01 Feb 2018 -
Author:
Hélène Coumes -
Pages:
3
Securitas had strong organic sales growth in Q4 17 (+6%) thanks to a good performance in all divisions. Nevertheless, the improvement in the operating margin was not significant in Q4 17 (+0.1pt to 5.3% of sales) due to start-up costs related to new large contracts signed with the US government and restructuring costs in Latin America.