Securitas

February 4, 2021

Securitas continues strategy execution by launching business transformation in Europe and Ibero-America

The business transformation of Security Services Europe and Security Services Ibero-America targets an increase of the operating margin in the segments to around 6.5 percent and 6.0 percent respectively, upon completion in 2024. Items affecting comparability of approximately MSEK -1 400 and capital expenditure of approximately MSEK -1 100 are planned for the years 2021-2023. In 2019, Securitas launched two major transformation programs in the Group. The first program radically modernizes the global IS/IT foundation throughout the Group and the second program is driving a business

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Hexagon completes acquisition of ZG Technology

Hexagon
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Hexagon has acquired the remaining 49 per cent of Wuhan ZG Automation Technology Co., Ltd ("ZG Technology"), bringing its ownership of the Wuhan-based 3D scanning specialist to 100 per cent. Hexagon acquired a 51 per cent majority stake in August 2021 and has consolidated ZG within its Manufacturing Intelligence Business Area since that time. Founded in 2014 and built on the photogrammetry and remote sensing disciplines of Wuhan University, ZG develops handheld 3D scanning technology, with a portfolio developed in-house and supported by its own software copyrights and patents. Its scanners
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Securitas AB upgraded to ‘BBB+’ by Standard & Poor’s Global Ratings

Securitas
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Securitas AB was today upgraded to ‘BBB+’ with stable outlook. Based on lower leverage, strong performance and revised financial targets, S&P’s Global Ratings has upgraded its long-term credit rating on Securitas to ‘BBB+’ from ‘BBB’. The outlook is stable. Further information: Investors: Micaela Sjökvist, VP IR; +46 76 1167443, micaela.sjokvist@securitas.com
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Hexagon to acquire Guidance Marine, strengthening maritime positioning portfolio

Hexagon
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Hexagon today announced an agreement to acquire Guidance Marine, a UK-based company focused on sensors that measure a vessel's position relative to nearby structures, such as offshore platforms, wind turbines, quaysides and other vessels, enabling ships to hold station and manoeuvre safely within metres of fixed and floating assets. Founded in 1991 and headquartered in Leicester, United Kingdom, Guidance Marine serves customers in more than 40 countries. Its radar, laser, vision and microwave-based sensing solutions are used in offshore energy, marine construction, port and harbour
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