Securitas has been involved in the development of security services and electronic security for many years. Security services and electronic security sales reached SEK20.5bn with an operating margin of 8-10% of sales in 2018 vs 4% of sales at best in traditional manned guarding. What is new is the target of sales assigned for 2023, or SEK40bn, including further acquisitions. These should have a gradual positive impact on the group’s operating margin given the training, IT and R&D co
06 Dec 2019
On the road to security solutions and electronic security
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On the road to security solutions and electronic security
Securitas AB Class B (S7MB:FRA) | 0 0 0.6% | Mkt Cap: 47,995m
- Published:
06 Dec 2019 -
Author:
Hélène Coumes -
Pages:
3
Securitas has been involved in the development of security services and electronic security for many years. Security services and electronic security sales reached SEK20.5bn with an operating margin of 8-10% of sales in 2018 vs 4% of sales at best in traditional manned guarding. What is new is the target of sales assigned for 2023, or SEK40bn, including further acquisitions. These should have a gradual positive impact on the group’s operating margin given the training, IT and R&D co