Tag: Magnus Ahlqvist
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...
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,...
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:
• ...
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,...
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...