The Annual and Sustainability Report for Securitas AB for the financial year 2019 is now available.
Organic sales growth was 4 percent and the operating margin was a stable 5.2 percent.
Some of the highlights of 2019 include:
- Sales of security solutions and electronic security represented 21 percent of total sales in 2019, a growth with 10 percent compared with 2018
- The two major transformation programs in the further digitization of the company are progressing according to plan
- Major acquisitions included Global Elite Group, a security services provider to the aviation industry in the US, the electronic security company Allcooper Group in the UK and Staysafe, an alarm monitoring company in Australia.
Magnus Ahlqvist, President and CEO, commented: "In 2019 we started implementing our strategy to be the leader in intelligent security and presented our ambition to double our security solutions and electronic security business by 2023. We also defined our purpose as a company and introduced the leadership team that will drive the transformation during the next phase. We are undertaking these changes from a position of strength – with a leading global and local presence, and the best offering and employees in the industry.”