Securitas AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 28, 2023 at 07:00 am EDT
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Securitas AB (publ) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SEK 39,909 million compared to SEK 30,535 million a year ago. Revenue was SEK 39,909 million compared to SEK 30,535 million a year ago. Net income was SEK 1,175 million compared to SEK 1,019 million a year ago. Basic earnings per share from continuing operations was SEK 2.05.
For the six months, sales was SEK 77,660 million compared to SEK 59,133 million a year ago. Revenue was SEK 77,660 million compared to SEK 59,133 million a year ago. Net income was SEK 2,128 million compared to SEK 1,858 million a year ago. Basic earnings per share from continuing operations was SEK 3.71.
Securitas AB is a Sweden-based provider of security solutions, including specialized guarding, aviation security services and international security solutions, among others. It operates through five business segments. Security Services North America business segment offers security services in the United States, Canada and Mexico. Security Services Europe offers security services in 27 countries in Europe. Mobile and Monitoring provides mobile services, such as beat patrol and call-out services, and monitoring services, such as alarm surveillance for homes, and small and medium-sized businesses. Security Services Ibero-America provides security services in Latin America, Portugal and Spain. New Markets provides security services in the Middle East, Asia and Africa. The Company's subsidiaries include Selectron, Rentsec, Vamsa, Tehnomobil, Central de Alarmas Adler, Automatic Alarm, Suddeutsche Bewachung and Johnson & Thompson.