- Securitas AB Investor Day TranscriptMar 07, 2024
- Q4 2023 Securitas AB Earnings Call TranscriptFeb 07, 2024$9.71 (+1.25%)Earnings
- Q3 2023 Securitas AB Earnings Call TranscriptNov 07, 2023$7.87Earnings
- Q2 2023 Securitas AB Earnings Call TranscriptJul 28, 2023$8.75 (-0.79%)Earnings
- Q1 2023 Securitas AB Earnings Call TranscriptMay 03, 2023$8.8Earnings
- Q4 2022 Securitas AB Earnings Call TranscriptFeb 07, 2023$9.1Earnings
- Q3 2022 Securitas AB Earnings Call TranscriptNov 08, 2022$6.48Earnings
- Securitas AB Investor Day TranscriptAug 24, 2022
- Q2 2022 Securitas AB Earnings Call TranscriptJul 28, 2022$8.65Earnings
- Q1 2022 Securitas AB Earnings Call TranscriptMay 04, 2022$11.59Earnings
- Q4 2021 Securitas AB Earnings Call TranscriptFeb 08, 2022$12.71Earnings
- Securitas AB to Acquire Stanley Security from Stanley Black & Decker Inc Call TranscriptDec 08, 2021
- Q3 2021 Securitas AB Earnings Call TranscriptOct 29, 2021$16.4 (-1.01%)Earnings
- Q2 2021 Securitas AB Earnings Call TranscriptJul 29, 2021$16.3Earnings
- Q1 2021 Securitas AB Earnings Call TranscriptMay 05, 2021$17.2Earnings
- Q4 2020 Securitas AB Earnings Call TranscriptFeb 04, 2021$15.75Earnings
- Q3 2020 Securitas AB Earnings Call TranscriptNov 03, 2020$14.19Earnings
- Q2 2020 Securitas AB Earnings Call TranscriptJul 29, 2020$14.49Earnings
- Q1 2020 Securitas AB Earnings Call TranscriptMay 07, 2020$11.29Earnings
- Q4 2019 Securitas AB Earnings Call TranscriptFeb 06, 2020$15.9Earnings
- Securitas AB Investor Day 2019 TranscriptDec 05, 2019
- Q3 2019 Securitas AB Earnings Call TranscriptNov 06, 2019$15.71Earnings
- Q2 2019 Securitas AB Earnings Call TranscriptJul 31, 2019$16.75Earnings
- Q1 2019 Securitas AB Earnings Call TranscriptMay 06, 2019Earnings
Q4 2023 Securitas AB Earnings Call Transcript
&
Good morning, everyone, and a warm welcome to the Q4 and the full year 2023 updates. We have delivered decent results in the quarter and strong cash flows and margin improvements from technology and solutions are two clear highlights of the quarter.
We recorded 6% organic sales growth in services, the price increases were the main driver of the growth. But we also had volume coming from the aviation business. The growth in Technology and Solutions was 6%. The operating margin improved to 6.8% in the fourth quarter and all three business segments contributed. And the technology and solutions business line was the main driver of the margin improvement.
We have balanced price wage in the group for the full year and similar to the previous quarter, I would say that we have seen some improvement in the labor market. The operating cash flow was 166% in the quarter and 80% for the full year. And with SEK5 billion of free cash flow in combination with favorable FX developments contributed to solid deleveraging.
And
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