Sweden's Securitas Q4 sales fall, operating margin rises to 8%

Securitas AB

04/02/2026 07:09

Overview

Swedish security firm's Q4 sales declined, but operating margin improved to 8%

Q4 organic sales growth was 3%

Adjusted EPS for Q4 was SEK 3.06, up from SEK 3.05

Outlook

Securitas expects to complete underperforming contracts in Europe by H1 2026

Company signed agreement to acquire Liferaft in February 2026

Securitas aims for >10% long-term operating margin

Result Drivers

TECHNOLOGY GROWTH - Real sales growth in technology and solutions was 6%, supporting business mix change

OPERATING MARGIN IMPROVEMENT - Operating margin improved to 8%, driven by strategic execution and cost management

CASH FLOW STRENGTH - Cash flow from operating activities was 128% of operating income, aiding debt reduction

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
SEK 38.42 bln
Q4 Adjusted EPS
SEK 3.06
Q4 EPS
SEK 2.98
Q4 Operating Income Before Amortization
SEK 3.06 bln
Q4 Operating Margin
8.00%
Q4 Organic Growth
3.00%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 7 "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 2.7% above its February 3 closing price of SEK148.50

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

Press Release: ID:nWkr6qqrBD

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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.)