Securitas publishes Full Year Financial Report for January-December 2016
From January to December 2016, total sales at Securitas were MSEK 88 162 (80 860). Organic sales growth is 7% (5), with operating income before amortisation standing at MSEK 4 554 (4 089). Operating margin for the period is 5.2% (5.1) and earnings per share SEK 7.24 (6.67). Free cash flow/net debt is 0.13 (0.22) with a proposed dividend of SEK 3.75 (3.50).
For the period October-December last year, total sales are reported at MSEK 23 715 (21 031) on an organic sales growth of 5%. Operating income before amortisation stands at MSEK 1 241 (1 133), with the operating margin being 5.2% (5.4). Earnings per share are SEK 1.92 (1.83).
“We’re proud to have delivered another record year for Securitas,” enthused president and CEO Alf Göransson. “With an organic sales growth of 7% in 2016, we grew faster than the security market. We improved the operating margin and, when adjusted for changes in exchange rates, earnings per share grew by 9%.”