Securitas AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 07:00 am EST
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Securitas AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 40,047 million compared to SEK 36,013 million a year ago. Revenue was SEK 40,047 million compared to SEK 36,013 million a year ago. Net loss was SEK 2,052 million compared to net income of SEK 1,079 million a year ago. Basic loss per share from continuing operations was SEK 3.58.
For the nine months, sales was SEK 117,707 million compared to SEK 95,146 million a year ago. Revenue was SEK 117,707 million compared to SEK 95,146 million a year ago. Net income was SEK 76 million compared to SEK 2,937 million a year ago. Basic earnings per share from continuing operations was SEK 0.13.
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.
SECURITAS AB 
