Feb 06, 2025 / 08:00AM GMT
Magnus Ahlqvist - Securitas AB - President, Chief Executive Officer
Good morning, everyone. And warm welcome to our Q4 results presentation. Weâve had good progress in 2024 in terms of executing on our strategy and similar to the last couple of quarters we are about to finish the year with significant performance improvement versus last year.
So letâs go straight into some of the highlights of the quarter. We delivered 4% organic growth for the Group and 6% sales growth in Technology and Solutions, and the operating margin improved to 7.3%.
Similar to the third quarter Europe with Security Services contributed with good results but we also had good contribution from Security Services North America and our global Technology and Solutions businesses.
The operating cash flow was very good at 153% in the quarter and 84% for the full year, and improved profitability in combination with strong cash flow are contributing to continued deleveraging and we closed the year with a net debt-to-EBITDA ratio of 2.5 times.
So the performance across the Group is good and the Board of
Q4 2024 Securitas AB Earnings Call Transcript
Feb 06, 2025
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