Nov 06, 2024 / 08:30AM GMT
Magnus Ahlqvist - Securitas AB - President, Chief Executive Officer
Good morning, everyone, and welcome to our Q3 results presentation. We are pleased to present continued good development. We are executing according to our plan with the transformation of Securitas. So let us start by looking at some of the highlights in the third quarter.
The development in the quarter was good. We delivered 5% organic sales growth for the group, 6% real sales growth in technology and solutions. The operating margin improved 60 basis points to 7.5%. And when looking back the last 20 years, this is the highest margin recorded for the group and obviously, something that we feel very good about.
Very strong improvement in Europe in security services, contributed in a significant way to the overall performance improvement. And now it's very positive that we start to operate at a high level also in Europe, which is helping and essentially means that all segments are now performing and executing on the strategic plan.
Looking at the other segments, solid development in Ibero-America and other also
Q3 2024 Securitas AB Earnings Call Transcript
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