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.
Changes to the Securitas Group Management team
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STOCKHOLM, Feb. 4, 2021 /PRNewswire/ Andreas Lindback appointed new group CFO from August 16
th 2021 as Bart Adam steps down. Brett Pickens appointed Divisional President for AMEA from April 1st 2021.
Securitas focus remains on building deep specialization in each of our protective services, adding data-driven intelligence and delivering client centric solutions, to become the Intelligent Protective Services Partner. We are happy to promote two of our strong leaders on the continuation of our transformation journey, as one member of Group Management steps down. All other Group Management members continue in their present roles.