Oct 29, 2021 / 12:30PM GMT
Magnus Ahlqvist - Securitas AB - President & CEO
Good afternoon, everyone, and welcome to our Q3 call. I am here today with our CFO, Andreas Lindback, to share some of the highlights of the business in the third quarter.
We continue to execute on our strategy, and this is generating results. The work we have been undertaking during the last 18 months to sharpen the business together with firm execution of the transformation programs is resulting in a stronger business. And we're now delivering an operating margin which is well above pre-COVID levels. The organic sales growth in the quarter was 4%. We are winning more business at stable or improved margins versus last year, and the improving sales have helped offset the reduction in corona related extra sales. The operating margin improved to 5.9%, and this means another quarter with substantial improvement not only versus 2020, but also in the same period of 2019. The operating margin was supported by strong performance improvement in all business segments. We are on par in terms of price/wage, despite the more challenging environment. And we
Q3 2021 Securitas AB Earnings Call Transcript
Feb 14, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers