Securitas AB Interim Report January - September 2004
November 04 2004 - 8:28AM
PR Newswire (US)
Securitas AB Interim Report January - September 2004 STOCKHOLM,
Sweden, Nov. 4 /PRNewswire-FirstCall/ -- Increased rate of organic
sales growth. Continued improvements in operating income and income
before taxes - full year forecast 2004 maintained. * Sales in the
third quarter increased by 4 percent to MSEK 15,182 (14,774),
adjusted for changes in exchange rates, acquisitions and
divestitures. In the first nine months of the year sales increased
by 3 percent to MSEK 44,465 (44,174), adjusted for changes in
exchange rates, acquisitions and divestitures. Organic sales growth
is positive and improving compared to last year. * Operating income
in the third quarter increased by 20 percent to MSEK 1,063 (912),
adjusted for changes in exchange rates. Operating margin increased
to 7.0 percent (6.2). In the first nine months of the year
operating income increased by 13 percent to MSEK 2,887 (2,648),
adjusted for changes in exchange rates. Operating margin increased
to 6.5 percent (6.0). * Income before taxes in the third quarter
increased by 35 percent to MSEK 630 (475), adjusted for changes in
exchange rates. In the first nine months of the year income before
taxes increased by 23 percent to MSEK 1,627 (1,340), adjusted for
changes in exchange rates. * Net income in the third quarter
increased by 34 percent to MSEK 393 (294). In the first nine months
of the year, the increase was 22 percent to MSEK 1,017 (832). *
Earnings per share after full taxes increased 32 percent to SEK
1.07 (0.81) in the third quarter. In the first nine months of the
year, the increase was 19 percent to SEK 2.78 (2.33). Comments from
the CEO, Thomas Berglund "The third quarter confirms that Securitas
is back to growth in both sales and income. Our previous forecast
for the full year of an increase in income before taxes of 15-20
percent, adjusted for changes in exchange rates, is maintained."
The full report including tables can be downloaded from the
following link. http://hugin.info/1199/R/967516/140991.pdf For
further information, please contact: Thomas Berglund, President and
CEO, +44 (0) 20 8432 6551 Hakan Winberg, Executive Vice President
and CFO, +44 (0) 20 8432 6554 Henrik Brehmer, Investor Relations,
+44 (0)20 8432 6523, +44 (0)7884 117 192 DATASOURCE: Securitas
CONTACT: Thomas Berglund, President and CEO, +44-20-8432-6551,
Hakan Winberg, Executive Vice President and CFO, +44-20-8432-6554,
Henrik Brehmer, Investor Relations, +44-20-8432-6523,
+44-7884-117-192, all for Securitas Web Site:
http://www.securitasgroup.com/
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