Securitas posted good organic sales growth in Q4 18 (+5%) thanks to all divisions and an improvement in the operating margin (before amortisation) of 0.2pt to 5.5% of sales despite the disappointing performance in the Security Services Ibero-America. The group announced two transformation programmes of a total of SEK1.2bn in order to reduce IT costs and improve the work organisation in North America. The IT organisational change will enhance group efficiency despite the long timing (full effe
08 Feb 2019
IT and work organisational change on the agenda
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IT and work organisational change on the agenda
Securitas AB Class B (S7MB:FRA) | 0 0 0.6% | Mkt Cap: 47,995m
- Published:
08 Feb 2019 -
Author:
Hélène Coumes -
Pages:
3
Securitas posted good organic sales growth in Q4 18 (+5%) thanks to all divisions and an improvement in the operating margin (before amortisation) of 0.2pt to 5.5% of sales despite the disappointing performance in the Security Services Ibero-America. The group announced two transformation programmes of a total of SEK1.2bn in order to reduce IT costs and improve the work organisation in North America. The IT organisational change will enhance group efficiency despite the long timing (full effe