In Q4 21, organic sales grew by +4%, driven by Europe and Ibero-America. The operating margin improved to 5.9% of sales (+0.6pt). Organic sales were flat in North America due to lower COVID-19-related extra sales and contract losses. Conversely, the operating margin reached a record level thanks to price increases, higher efficiency and a positive comparative in provisioning. Securitas reassured the stock market regarding its ability to balance wage and price increases at par in 2022.
08 Feb 2022
Confident of balancing wage and price increases
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Confident of balancing wage and price increases
- Published:
08 Feb 2022 -
Author:
Hélène Coumes -
Pages:
3
In Q4 21, organic sales grew by +4%, driven by Europe and Ibero-America. The operating margin improved to 5.9% of sales (+0.6pt). Organic sales were flat in North America due to lower COVID-19-related extra sales and contract losses. Conversely, the operating margin reached a record level thanks to price increases, higher efficiency and a positive comparative in provisioning. Securitas reassured the stock market regarding its ability to balance wage and price increases at par in 2022.