In Q4 20, organic sales growth was disappointing (+1%) due to the poor performances in the Security Services Europe and Ibero-America (both -1%). Securitas was still affected by lower airport security services and the installation of electronic security. The operating margin was stable at 5.3% of sales. Securitas is involved in a vast transformation. The two programmes launched in 2019 (IT, North America) should be completed in 2021. The transformation is also extended to Europe and Ibero-Americ ....
05 Feb 2021
Disappointing organic growth in Q4 20
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Disappointing organic growth in Q4 20
In Q4 20, organic sales growth was disappointing (+1%) due to the poor performances in the Security Services Europe and Ibero-America (both -1%). Securitas was still affected by lower airport security services and the installation of electronic security. The operating margin was stable at 5.3% of sales. Securitas is involved in a vast transformation. The two programmes launched in 2019 (IT, North America) should be completed in 2021. The transformation is also extended to Europe and Ibero-Americ ....