Securitas AB releases its third quarter and January–September interim report for 2026.
Stockholm, October 23, 2026 /PRNewswire/ --
July–September 2026
- Total sales amounted to SEK 38.566 billion (SEK 38.521 billion in the same period last year).
- Organic sales growth was 0% (3%).
- Adjusted organic sales growth was 3% (4%)*
- Actual sales growth for the technology and solutions business was 6% (4%).
- Operating EBITDA amounted to SEK 3.161 billion (SEK 3.107 billion).
- Operating profit margin is 8.2% (8.1%).
- Adjusted operating profit margin was 8.2% (8.3%)*
- Items affecting comparability (IAC) amounted to -SEK 36 million (-SEK 1.527 billion).
- Earnings per share are SEK 3.68 (SEK 1.09).
- Earnings per share excluding IAC were SEK 3.28 (SEK 3.34).
- Operating cash flow was 82% (106%) of earnings before operating amortization.
January–September 2026
- Total sales amounted to SEK 112.62 billion (SEK 116.69 billion).
- Organic sales growth was 0% (4%).
- Adjusted organic sales growth was 3% (4%)*
- Actual sales growth for the technology and solutions business was 5% (5%).
- Operating EBITDA amounted to SEK 8.444 billion (SEK 8.430 billion).
- Operating profit margin is 7.5% (7.2%).
- Adjusted operating profit margin was 7.6% (7.5%)*
- Items affecting comparability (IAC) amounted to SEK 102 million (-SEK 1.77 billion), of which SEK 223 million (-SEK 5 million) related to asset divestitures.
- Earnings per share amounted to SEK 9.36 (SEK 5.95).
- Earnings per share excluding IAC were SEK 8.69 (SEK 8.48).
- Operating cash flow was 71% (74%) of earnings before operating amortization.
- Net debt-to-EBITDA ratio of 2.1 (2.2)
The company states that, starting in the second quarter of 2025, a new key metric will be introduced: operating margin excluding the government business being shut down by SCIS. Starting in the third quarter of 2025, another key metric will be added: organic sales growth excluding the same business. For more information, see Note 5.
Commentary from the President and Chief Executive Officer
Steady performance supported by technical momentum
The company reported organic sales growth of 3% for the third quarter, excluding the impact of the shutdown of its SCIS government business. Technological and security segments in North America achieved solid growth, while decreased airport activity weighed on organic sales growth in Europe.
In the third quarter, actual sales growth for the Technology and Solutions business was 6%. The company stated that commercial momentum in its global technology business remains strong, with installation order intake and backlog continuing to rise, particularly in North America and Ibero-America, where installation order intake reached record highs. The contribution of the Technology and Solutions business increased to 35% (from 33%), reflecting progress in executing the company’s strategic direction. The company attributed this development to its differentiated, technology-driven products and services, and noted ongoing efforts to further commercialize established capabilities within the group.
The company stated that its security services products continue to be well-received in customer segments such as data centers, defense, and pharmaceuticals, where long-term partnerships and high-quality security services are increasingly valued. However, demand trends remain cautious in certain markets and customer segments, resulting in more selective purchasing behavior and longer decision-making cycles. The company noted that it has effectively navigated these dynamics in North America, but market conditions in parts of Europe and Ibero-America remain fragmented, impacting revenue growth in the third quarter.
The adjusted operating profit margin for the third quarter was 8.2% (8.3%), supported by continued strong performance in North America. Operating profit margins in Europe and Iberia were below the robust levels seen in the same period last year. The company stated this was primarily due to airport security operations in Europe, which negatively impacted the group’s adjusted operating profit margin by 0.2 percentage points in the third quarter. Operating profit remained flat compared to last year. For the first nine months of 2026, earnings per share increased by 6%.
The company stated that its cash generation remained strong, with operating cash flow in the third quarter equivalent to 82% (106%) of EBITDA, and 71% (74%) for the first nine months. The company noted that it still has a solid foundation to achieve its full-year cash flow target of 80%–90% of EBITDA. The net debt/EBITDA ratio stood at 2.1 (2.2).
Become a trusted partner in the field of intelligent-driven security
The company stated that since launching its strategy this summer, management has met with clients across three continents. Feedback from clients has been overwhelmingly positive, with both existing and potential customers recognizing the value of the company’s goal to become a trusted partner in the “intelligence-driven security” space. Clients see clear value in the company’s emphasis on quality and its more dynamic, intelligence-driven approach that integrates high-quality security services with technology, data, analytics, and risk management capabilities. The company noted that while this represents a shift from traditional industry practices, the market has strongly supported this direction. Customers are increasingly recognizing Securitas’s ability to create greater value through artificial intelligence, automation, and actionable risk intelligence, and the company has begun to observe early signs of procurement trends shifting toward “intelligence-driven security.”
The company stated that, as part of the final phase of its strategic assessment project, it expects to exit the remaining contracts in the SCIS government business by the end of October.
Create long-term shareholder value
The company stated that, with the launch of its 2030 strategy, it has updated its financial targets to include an objective of achieving average annual earnings per share growth of 10% over a business cycle. The company said that, with a clear focus on quality, innovation, and disciplined execution, it is accelerating its transformation and remains confident in its ability to deliver sustainable profit growth and create long-term shareholder value.
Magnus Ahlqvist
President and Chief Executive Officer
Mid-term Report Presentation
The company invites analysts and media to a conference call on October 23, 2026, at 9:30 AM Central European Summer Time, during which President and CEO Magnus Ahlqvist and CFO Matteo Dall'Ora will present the report and answer questions. The conference call will also be broadcast live via audio on the Securitas website at www.securitas.com.
To listen to the audio live stream of the conference call online, please visit the following link:
www.securitas.com/en/investors/financial-reports-and-presentations/
After the conference call, the recording will be available on the following page:
www.securitas.com/en/investors/financial-reports-and-presentations/
For further information, please contact: Micaela Sjökvist, Vice President of Investor Relations, +46 76 116 7443
About Securitas
Securitas is a global leader in security and safety solutions, committed to making the world safer. Nine decades of deep experience enable the company to see what others overlook. It states that by collaborating with clients to apply technology and adopting innovative, holistic approaches, it is transforming the security industry. With approximately 322,000 employees across 44 markets, Securitas protects the people and assets most important to its clients, offering unique perspectives and delivering sustainable value.
Group financial objectives
Securitas's financial objectives are as follows:
- Over a business cycle, after excluding items affecting comparability and adjusting for exchange rate fluctuations, average annual earnings per share grow by 10%; the long-term operating profit margin target exceeds 10%.
- Operating cash flow reaches 80%–90% of earnings before depreciation and amortization.
- Net debt-to-EBITDA below 2.5x
- The dividend policy is to distribute 50%–60% of annual net profit within a business cycle; any excess capital will be returned to shareholders after strategic growth priorities are met.
Securitas AB (publ.)
P.O. Box 12307, SE-102 28 Stockholm, Sweden
Office address:
Lindhagensplan 70
Phone: +46 10 470 30 00
Company registration number: 556302-7241
www.securitas.com
This is information that Securitas AB is obligated to disclose under the European Union’s Market Abuse Regulation.
The above information was submitted for publication on Friday, October 23, 2026, at 8:00 AM Central European Summer Time, via the contact details provided above.
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