Securitas falls as core profit disappoints

Securitas AB

24/07/2026 08:22

** Shares in Securitas SECUb.ST fall 8% after the Swedish security services provider posted its Q2 print below expectations, weighed down by organic sales growth of 0%

    **  Q2 EBITA rose to SEK 2.82 bln ($289.13 million) in April-June, but missed analysts' average forecast of SEK 2.91 bln seen in a poll provided by the company
  
** Securitas says weaker organic growth reflected continued portfolio optimization in Europe, as well as a hit to airport operations stemming from the conflict involving Iran
** SB1 Markets says the quarter was weaker than expected on growth and margins
** "In light of the slightly weaker report outcome, we expect minor downward revisions to the consensus forecasts of 0-2 percent and a negative price reaction to the stock," the broker says in a note 
** "Today's print will be seen as disappointing, with limited new confidence on improving commercial traction, and likely some questions on margin progression," Jefferies says in a note

    ** Shares are on track for their worst day since March 2020

(Reporting by Jesus Calero)
((jesus.calero@thomsonreuters.com))