Sweden's Securitas Q1 organic sales grow 2%, operating margin improves

Securitas AB

28/04/2026 07:11

Overview

Sweden security solutions provider's Q1 sales declined, adjusted organic sales grew 2%

Adjusted EPS and EPS for Q1 rose yr/yr

Company completed Liferaft acquisition and divested two businesses in Q1

Outlook

Securitas targets 8–10% annual average real sales growth in technology and solutions

Company aims for 8% Group operating margin in H2 2025, >10% long-term margin ambition

Securitas expects to complete most underperforming contracts in Europe by H1 2026

Result Drivers

MARGIN IMPROVEMENT - Co said adjusted operating margin rose due to strong performance across all segments and business mix shift toward technology and solutions

TECHNOLOGY BUSINESS - North American growth was negatively impacted by lower installation sales in the technology business, though order intake and backlog grew strongly

PORTFOLIO MANAGEMENT - Growth in security services was hampered by active portfolio management in Europe and a slower start in Guarding business in North America

Company press release: ID:nWkr1hltkn

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
SEK 36.21 bln
Q1 Adjusted EPS
SEK 2.47
Q1 EPS
SEK 2.80
Q1 Operating Income Before Amortization
SEK 2.46 bln
Q1 Operating Margin
6.80%
Q1 Adjusted Organic Growth
2%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 5 "hold" and 5 "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy."

Wall Street's median 12-month price target for Securitas AB is SEK152.50, about 5.5% below its April 27 closing price of SEK161.30

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)