Securitas AB Third Quarter Report of 2026 | January to September

Stockholm, October 23rd / PRNewswire / --

July to September 2026

• Total sales amounted to 385.66 million Swedish kronor (compared to 385.21 million Swedish kronor in the same period last year).
• Organic sales growth was 0% (3% in the same period last year).
• After adjustment, organic sales growth was 3% (4% in the same period last year)*
• The actual sales growth of the technology and solutions business was 6% (compared to 4% in the same period last year).
• Pre-amortization operating profit was 31.61 million Swedish kronor (31.07 million Swedish kronor in the same period last year).
• Operating profit margin was 8.2% (8.1% in the same period last year).
• The adjusted operating profit margin is 8.2% (8.3% in the same period last year)*
• Items affecting comparability ( IAC ) amount to -36 million Swedish kronor (compared to -1527 million Swedish kronor in the same period last year).
• Earnings per share were 3.68 Swedish kronor (compared to 1.09 Swedish kronor in the same period last year).
• Earnings per share excluding IAC were 3.28 Swedish kronor (3.34 Swedish kronor in the same period last year).
• Cash flow from operating activities accounted for 82% of operating profit (106% in the same period last year).

January to September 2026

• Total sales amounted to 1,126.20 million Swedish kronor (compared to 1,166.91 million Swedish kronor in the same period last year).
• Organic sales growth was 0% (4% in the same period last year).
• After adjustment, organic sales growth was 3% (4% in the same period last year)*
• The actual sales growth of the technology and solutions business was 5% (5% in the same period last year).
• Pre-amortization operating profit was 84.44 million Swedish kronor (84.30 million Swedish kronor in the same period last year).
• Operating profit margin is 7.5% (7.2% in the same period last year).
• The adjusted operating profit margin is 7.6% (7.5% in the same period last year)*
• The item affecting comparability ( IAC ) is 102 million Swedish kronor (compared to -1770 million Swedish kronor in the same period last year), of which 223 million Swedish kronor (compared to -5 million Swedish kronor in the same period last year) are related to asset divestiture.
• Earnings per share were 9.36 Swedish kronor (compared to 5.95 Swedish kronor in the same period last year).
• Earnings per share excluding IAC were 8.69 Swedish kronor (compared to 8.48 Swedish kronor in the same period last year).
• Cash flow from operating activities accounted for 71% of operating profit (74% in the same period last year).
• Net debt to EBITDA ratio is 2.1 times (2.2 times in the same period last year).

Starting from the second quarter of 2025, a new key ratio will be added: the operating profit margin after adjustments to the SCIS government business that is being closed. Starting from the third quarter of 2025, another new key ratio will be added: the organic sales growth after adjustments to the same business. For more information, please refer to note 5.

President and CEO's Comment

"Stable performance supported by technical and business momentum"

Excluding the impact of the closure of government services indicated by SCIS, organic sales growth in the third quarter was 3%. The technology and security business unit in North America achieved solid growth, while reduced business activities at European airports dragged down organic sales growth in that region.

The actual sales growth of the Technology and Solutions business in the third quarter was 6%. Our global technology business remains healthy, with a continuous increase in incoming installation orders and order backlogs, with incoming installation orders in North America and Iberian America reaching record highs. The proportion of the Technology and Solutions business has risen to 35% (compared to 33% in the same period last year), reflecting the implementation of our strategic direction. This progress is thanks to our differentiated technology-driven product portfolio, and we are also continuing to expand the commercialization of capabilities that have been established within the group.

Our security services continue to be well-received in customer segments such as data centers, national defense, and pharmaceuticals. In these areas, the importance of long-term cooperative relationships and high-quality security services is increasingly evident. However, in certain markets and customer segments, the demand trend remains somewhat cautious, leading to more selective purchasing behavior and longer decision-making cycles. We have effectively addressed this dynamic in North America, but the market conditions in Europe and some countries in Iberian America are still more fragmented, which affected our revenue growth in the third quarter.

In the third quarter, the adjusted operating profit margin was 8.2% (compared to 8.3% in the same period last year), with the continued strong performance of North American operations providing support. The operating profit margins in Europe and Iberia America were lower than the strong levels seen in the third quarter of last year, mainly due to the airport security business in Europe, which had an impact on the group's adjusted operating profit margin of -0.2 percentage points. Operating profit remained flat compared to last year. For the first nine months, earnings per share increased by 6%.

Cash creation remained strong, with quarterly operating cash flow equivalent to 82% of operating profit (106% in the same period last year) and 71% in the first nine months (74% in the same period last year). We are still on track to achieve our annual cash flow target, which is 80% to 90% of operating profit before amortization of expenses. The net debt/_EBITDA ratio is 2.1 times (2.2 times in the same period last year).

Trusted intelligence-driven security partner

Since launching our strategy this summer, I have met with clients on three continents. The feedback has been very positive; both current and potential clients recognize the value of our vision in becoming "a trusted intelligence-driven security partner." They find our emphasis on quality, along with a more dynamic, intelligence-driven approach that combines high-quality security services with technology, data, analytics, and security risk management capabilities, to be attractive. Although this represents a shift from existing industry practices, this direction has received widespread support. Clients are increasingly recognizing the ability of Securitas to create greater value by utilizing artificial intelligence, automation, and actionable risk intelligence, and we have already begun to see early signs of a shift in purchasing behavior towards intelligence-driven security solutions.

As part of the final stage of the strategic assessment plan, we expect to exit the last remaining contract in the SCIS government business by the end of October.

Create long-term shareholder value

With the release of the 2030 strategy, we have updated our group's financial targets, which include achieving an average annual increase in earnings per share of 10% over a business cycle. With a clear focus on quality, innovation, and strict execution, we are accelerating our transformation and are confident in achieving sustainable profit growth and creating long-term shareholder value.

Magnus Ahlqvist

Mid-year report conference call will be arranged.

Analysts and media are invited to attend a teleconference scheduled for 9:30 a.m. Central European Time on October 23, 2026. During the call, President and CEO Magnus Ahlqvist and Chief Financial Officer Matteo Dall ' Ora will present the report and answer questions. The teleconference will also be live-streamed via audio through the Securitas website www.securitas.com.

To listen to the live audio of the teleconference via web, please visit the following link:

After the teleconference, the recorded version will be published at www.securitas.com / en / investors / financial-reports-and-presentations.

For more information, please contact: Micaela Sj ö kvist, Vice President of Investor Relations, +46 76 116 7443

About Securitas

Securitas is a global leader in security and safety solutions, helping to make your world safer. With ninety years of profound experience, we are able to see what others cannot. By collaborating with our clients to apply technology in an innovative and holistic manner, we are reshaping the security industry. The company has approximately 322,000 employees in 44 markets. We view the world from different perspectives and create sustainable value for our clients by protecting what is most important: people and assets.

Group Financial Objectives

• Achieve an average annual earnings per share growth of 10% within a business cycle, excluding items that affect comparability, and adjust for exchange rate fluctuations. The long-term target for operating margin is above 10%.
• Operating cash flow accounts for 80% to 90% of pre-amortization operating profit.
• Net debt / EBITDA is less than 2.5 times
• The dividend policy is to distribute 50% to 60% of the annual net profit within a business cycle, and after strategic growth priorities are met, any excess capital is returned to shareholders.

Securitas AB (Listed Company)

Office Address:

Telephone: +46 10 470 30 00

Company Registration Number: 556302-7241

According to the EU market abuse regulations, Securitas AB is obliged to publicly release the aforementioned information.

This information was submitted and published by the aforementioned contact person through an agency on Friday, October 23, 2026, at 8:00 a.m. Central European Time.

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