Securitas' Q1 profit rise meets forecast (updated)

Securitas AB

08/05/2024 07:22

(Adds detail)
       May 8 (Reuters) - Sweden's Securitas  SECUb.ST  reported
a rise in first-quarter core profit on Wednesday in line with
analyst expectations.
    The results were led by its performance in North America
while in Europe the company said it faced challenges in its
airport security business.
    Securitas, one of the world's biggest security services
firms, posted an operating profit before amortisation (EBITA) of
2.36 billion Swedish crowns ($216.95 million).
        This was against an analysts forecast of 2.33 billion, a
poll published by the company showed, and up from 2.18 billion a
year earlier.
  
        ($1 = 10.8781 Swedish crowns)

 (Reporting by Agata Rybska; editing by Jason Neely)
 ((agata.rybska@thomsonreuters.com))