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
July 30, 2021
Securitas, the world’s leading intelligent protective services partner, has agreed to acquire Tepe Güvenlik A.S., a leading electronic security company in Turkey. Through this acquisition, Securitas becomes number two in the monitoring market in Turkey, and the acquisition is in line with the Group’s strategy of doubling its security solutions and electronic security sales by 2023. The purchase price is approximately MEUR 10 (MSEK 100) on a debt-free basis. In 2020, Tepe Güvenlik’s annual sales were approximately MEUR 8.5 (MSEK 85), of which more than 70 percent were on a recurring monthly
July 29, 2021
APRIL-JUNE 2021 · Total sales MSEK 26 499 (26 556) · Organic sales growth 8 percent (–4) · Operating income before amortization MSEK 1 471 (1 075) · Operating margin 5.6 percent (4.0) · Items affecting comparability (IAC) MSEK –259 (–61), relating to the previously announced transformation programs and the cost-savings program in the Group · Earnings per share SEK 2.09 (1.50) · Earnings per share, before IAC, SEK 2.64 (1.62) · Cash flow from operating activities 63 percent (248) JANUARY–JUNE 2021 · Total sales MSEK 52 313 (54 976) · Organic sales growth
July 29, 2021
Warrants in the long-term incentive program (“Warrants Program series 2017/2022:2”) implemented at AAK AB’s (publ.) annual general meeting in May 2017 has been possible to exercise since September 2020. President and CEO Johan Westman has exercised warrants and has at the same time acquired an additional 18,000 shares in AAK. He now has a total holding of 54,000 shares. For more information, please contact: Gabriella Grotte Head of IR and Corporate Communications Mobile: +46 737 16 80 01 E-mail: gabriella.grotte@aak.com The information was submitted for publication at 10:10 a.m.
