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Total sales MSEK 25 814 (28 420)
Organic sales growth 0 percent (2)
Operating income before amortization MSEK 1 256 (1 086)
Operaing margin 4.9 percent (3.8)
Items affecting comparability (IAC) MSEK –136 (–45), relating to transformation programs and the cost-savings program in the Group
Earnings per share SEK 1.86 (1.61)
Earnings per share, before IAC, SEK 2.11 (1.70)
Net debt/EBITDA 2.1 (2.4)
Cash flow from operating activities 102 percent (34)
Comments from the President and CEO A good start to the year while continuing the transformation journey
A RESILIENT BUSINESS
The Group s organic sales growth in the first quarter was 0 percent (2), with all business segments showing positive organic sales growth in the month of March. Although we are seeing signs of commercial activity picking up throughout the Group, the corona pandemic continues to hamper organic sales growth.
Securitas acquires FE Moran Security Solutions in the U.S.
STOCKHOLM, Dec. 16, 2020 /PRNewswire/ Securitas has acquired FE Moran Security Solutions, a top 30 alarm monitoring and electronic security systems integration company in the U.S. The acquisition increases Securitas density and offerings in the United States Midwest region and is aligned with Securitas ambition to double the size of its security solutions and electronic security business. The purchase price is app. MUSD 82 (MSEK 695).
Founded in 2003, FE Moran Security Solutions provides an integrated electronic security offering - from design to installation and from maintenance to alarm monitoring - and focuses on commercial clients in several Midwestern states across the U.S., as well as numerous marquee national account clients. Their portfolio includes electronic security services such as intrusion, video, fire and access control systems, as well as a UL-listed, TMA Five Diamond certified alarm monitoring center.
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