Securitas Q4 profit below expectations (updated)

Securitas AB

07/02/2024 07:07

(Adds details on results)
       STOCKHOLM, Feb 7 (Reuters) - Securitas  SECUb.ST , the
world's second-biggest listed security services group, reported
on Wednesday a rise in core profit that slightly lagged
expectation, and said profitability ­was dragged down with poor
results in its Critical infrastructure services. 
    Operating profit before amortisation (EBITA) at the Swedish
company rose to 2.68 billion Swedish crowns ($255.70
million)from a year-ago 2.49 billion.
        This was against an average analyst forecast of 2.75
billion in a poll provided by the company.
  
        
  

 (Reporting by Marie Mannes, editing by Essi Lehto)
 ((marie.mannes@thomsonreuters.com; +46 8 502 423 82;))