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SECU B — Securitas AB News Story

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Brief: Securitas Updates Targets For Period Through 2030

BRIEF-Securitas Updates Targets For Period Through 2030 

- Securitas AB SECUb.ST:

  • SECURITAS Q2 EPS SEK 2.88

  • SECURITAS Q2 OPERATING MARGIN 7.5%

  • SECURITAS Q2 SALES SEK 37,843 MILLION

  • SECURITAS Q2 OPERATING INCOME BEFORE AMORTIZATION SEK 2,824 MILLION

  • SECURITAS Q2 ADJUSTED EPS SEK 2.94

  • ORGANIC SALES GROWTH IN THE SECOND QUARTER, ADJUSTED FOR THE CLOSE-DOWN OF THE SCIS GOVERNMENT BUSINESS, WAS 3 PERCENT

  • ORGANIC SALES GROWTH IN NORTH AMERICA WAS SUPPORTED BY BOTH THE GUARDING AND TECHNOLOGY BUSINESS UNITS

  • ACTIVE PORTFOLIO MANAGEMENT HAD A HAMPERING EFFECT ON ORGANIC SALES GROWTH IN EUROPE

  • UPDATED GROUP'S FINANCIAL TARGETS FOR PERIOD THROUGH 2030

  • TARGETS INCLUDE A NEW HEADLINE TARGET OF ACHIEVING 10 PERCENT AVERAGE ANNUAL EARNINGS PER SHARE GROWTH OVER A BUSINESS CYCLE

  • FINANCIAL TARGETS FOR PERIOD THROUGH 2030: OPERATING CASH FLOW OF 80-90 PERCENT OF OPERATING INCOME BEFORE AMORTIZATION

  • FINANCIAL TARGETS FOR PERIOD THROUGH 2030: NET DEBT TO EBITDA BELOW 2.5X

  • FINANCIAL TARGETS FOR PERIOD THROUGH 2030: DIVIDEND POLICY OF 50-60% OF ANNUAL NET INCOME OVER A BUSINESS CYCLE

Source text: ID:nWkrRyvs0

Further company coverage: SECUb.ST


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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