Q1 2019 Securitas AB Earnings Call Transcript
Good afternoon, everyone, and welcome to our Q1 call. We have a busy day today. We've had the board meeting in the morning and we're now presenting the results and then we have an AGM here in Stockholm, which is starting in a few hours. So Bart and I'm going to try to be a little bit briefer than normal and wrap up at 3:00, but still giving good amount of time for questions.
If we are looking then to the results on Q1, we've had a good start to the year with 7% organic sales growth. All the segments have contributed to the improvement. And as we have commented in previous quarters, we have continuously tight labor markets, but we've been able to balance the wage cost increases with price increases.
Good top line growth together with cost control contributed to operating results, real change of 11% in the quarter, which we are proud of. And we also had an improved operating margin to 4.8%. And in terms of earnings per share, we have a positive growth of 3% real change.
Our cash flow improved significantly in Q1 versus Q1 last
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
