Sweden's Securitas Q2 profit rises on strength in technology business unit

Securitas AB

24/07/2026 07:13

    

    Overview
  
Sweden security solutions provider's Q2 sales declined slightly, organic growth flat yr/yr
Adjusted EPS for Q2 rose yr/yr, with improved adjusted operating margin
Profitability gains driven by technology and solutions and security services business lines

    

    Outlook
  
Securitas targets 10% average annual EPS growth over a business cycle
Company aims for long-term operating margin above 10%
Securitas expects SCIS government business close-down to conclude by year-end

    

    Result Drivers
  
TECHNOLOGY AND SOLUTIONS - Real sales growth in technology and solutions reached 5% in Q2, supported by strong performance in North America and healthy global installation order intake and backlog
PORTFOLIO MANAGEMENT IN EUROPE - Portfolio management actions, including exit from underperforming contracts, hampered organic sales growth in Europe
SCIS GOVERNMENT BUSINESS CLOSURE - Adjusted organic sales growth was 3% in Q2 when excluding the impact of the SCIS government business closure, which is progressing as planned

    
Company press release: ID:nWkrRyvs0

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Sales
 
SEK 37.84 bln
 
Q2 Adjusted EPS
 
SEK 2.94
 
Q2 EPS
 
SEK 2.88
 
Q2 Operating Income Before Amortization
 
SEK 2.82 bln
 
Q2 Operating Margin
 
7.50%
 
Q2 Organic Growth
 
0.00%
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 5 "hold" and 4 "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 SEK170.00, about 0.2% above its July 23 closing price of SEK169.60
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

    

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(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.)