Securitas falls after Q1 miss, underlying performance disappoint

Securitas AB

28/04/2026 09:07

** Shares in Securitas SECUb.ST fall nearly 5% after the Swedish security group reported Q1 core profit and revenue slightly below market expectations

** Q1 EBITA falls to 2.46 billion Swedish crowns ($265.9 million), vs 2.53 billion crowns a year ago, missing analysts' consensus of 2.50 billion crowns

** Q1 sales drop to 36.21 billion from 39.61 billion crowns last year, also below market estimates

** Jefferies says organic revenue growth was weak in the quarter, citing a soft start to the guarding business, lower technology installations and a large contract termination in North America

** "Europe also faced headwinds from Airport security and the impact from the Middle East," Jefferies says, adding that underlying commercial momentum disappointed

** Shares are on track for their worst day since May 2025 if the losses hold

($1 = 9.2508 Swedish crowns)

(Reporting by Tomasz Kanik)

((tomasz.kanik@thomsonreuters.com))