Securitas Reports Profit Margin Gains Amid Strategic Pivot

The company’s focus on technology and solutions, which saw 5 percent real sales growth in the quarter, remains central to its long-term strategy. CEO Magnus Ahlqvist noted that while the transition is yielding improved profitability, the firm is working to accelerate performance in its security services division. This includes the recent completion of portfolio management actions targeting underperforming contracts in Europe, a move intended to stabilize margins.

Financial results for the first half of the year show earnings per share rising 11 percent, supported by a disciplined approach to cash generation and a net debt to EBITDA ratio of 2.2. Looking ahead, Securitas has formalized a new financial target of 10 percent average annual earnings per share growth over the business cycle. The ongoing phase-out of the SCIS government business is expected to conclude by year-end, marking the completion of the firm's current strategic assessment program.