In Q3 16, organic sales growth remained significant (+7% vs +4% in Q3 15) but the operating margin was a little disappointing as it was flat (5.5% of sales) and FCF decreased by 16%. Q3 16 figures: Sales reached SEK22,316m (+9%). Organic sales growth (+7% vs +4% in Q3 15) remained dynamic in all divisions. The trend was buoyant in the mature markets (Security services North America: +6% vs +3% in Q3 15, Security services Europe: +5% vs +3% in Q3 15) and continued to grow at a strong pace in e
10 Nov 2016
Strong organic sales growth, flat operating margin
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Strong organic sales growth, flat operating margin
Securitas AB Class B (S7MB:FRA) | 0 0 0.6% | Mkt Cap: 47,995m
- Published:
10 Nov 2016 -
Author:
Hélène Coumes -
Pages:
3
In Q3 16, organic sales growth remained significant (+7% vs +4% in Q3 15) but the operating margin was a little disappointing as it was flat (5.5% of sales) and FCF decreased by 16%. Q3 16 figures: Sales reached SEK22,316m (+9%). Organic sales growth (+7% vs +4% in Q3 15) remained dynamic in all divisions. The trend was buoyant in the mature markets (Security services North America: +6% vs +3% in Q3 15, Security services Europe: +5% vs +3% in Q3 15) and continued to grow at a strong pace in e