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Tag: Magnus Ahlqvist


Securitas: ‘We are taking actions to improve performance’

Suppliers

Securitas: ‘We are taking actions to improve performance’

May 10, 2024Ken Showers, Managing Editor

STOCKHOLM — Securitas saw a welcome improvement in the U.S. but fell short in Europe due to integration issues and its airport security business, according to the company’s interim report for the months of January-March.  Overall, Securitas saw an operating income before amortization of MSEK 2.357 billion, or roughly $217 million USD. It gained an impressive 6% increased operating margin improvement thanks to North American operations and its performance in Ibero-America. Seasonality...

Airport Security, Magnus Ahlqvist, Second Quarter (Q2), Securitas, Stanley Security


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Securitas training 10,000 data center professionals

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Securitas training 10,000 data center professionals

February 21, 2024SSN Staff

STOCKHOLM – Securitas has revealed that it aims to certify 10,000 officers as data center security and safety professionals following the establishment of the Global Clients Data Center Group in 2023. Securitas said it’s now taking an important next step by strengthening the skills of its security officers by introducing a certification for managing data centers’ diverse security challenges with efficiency and expertise. Calling data centers the unseen backbone that enables everything...

Access Control, Bert den Hartog, Data Center, Magnus Ahlqvist, Milton Plet, Securitas, Security Officers


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Securitas continues quiet transformation during Q2 earnings call

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Securitas continues quiet transformation during Q2 earnings call

July 31, 2023SSN Staff

STOCKHOLM – After a relatively silent year Securitas AB held its second fiscal quarter 2023 earnings call on July 28, posting positive results and growth as the company undergoes changes to its digital capabilities. That silence has ended with a quarterly earning call which shows the company well on track with organic sales growth of 11 percent, operating margin of 6.6 percent, Earnings per share before and after dilution of SEK 2.05, and earnings per share before and after dilution,...

2023, Airport Security, Earnings Call, global security technology, Magnus Ahlqvist, Second Quarter (Q2), Securitas AB, Stanley Security


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Securitas AB provides interim report, on track to growing Stanley acquisition value

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Securitas AB provides interim report, on track to grow STANLEY acquisition value

November 8, 2022Ken Showers, Managing Editor

STOCKHOLM - From what it refers to as "the most transformative acquisition in Securitas history," Securitas AB - as one company with STANLEY Security - gave its interim report covering January-September 2022. Only accounting for the period between July and September Securitas recorded roughly MSEK 36 million in total sales ($3.354 million USD). That is coupled with an organic sales growth of 7 percent.  Other stats for the quarter: •            ...

financial targets, Magnus Ahlqvist, Securitas AB, Stanley Security, supply chain


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Securitas provides update on Stanley Security, new financial targets

Commercial

Securitas provides update on Stanley Security, new financial targets

August 24, 2022Ken Showers, Managing Editor

STOCKHOLM – In an investor update webcast today, Securitas discussed further details on its recent Stanley Security acquisition and new financial targets.  In opening the webcast, Securitas President and CEO Magnus Ahlqvist described it saying, “We’re looking at it like a mini-version of a capital markets day.” Noting that the last time they had a capital markets day was in 2019. “But we have not been sitting still. We have been driving extensive transformation,...

EBITDA, electronic security, Magnus Ahlqvist, Securitas, Stanley Security


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Securitas

Commercial

Securitas completes acquisition of STANLEY Security and Healthcare

July 22, 2022SSN Staff

STOCKHOLM and NEW BRITAIN, Conn.—Securitas today announced it has completed the acquisition of STANLEY Security and Healthcare for $3.2 billion in cash. On Dec. 8, 2021, Securitas announced it had signed an agreement to acquire the Electronic Security Solutions business from Stanley Black & Decker Inc. Following customary regulatory approvals, the acquisition is now complete, and the joint potential of the two businesses is unleashed. Securitas holds a strong position within the security...

Magnus Ahlqvist, Securitas, Securitas Technology, STANLEY Security and Healthcare, Tony Byerly


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