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Sweden's Securitas to buy Turkish electronic security firm Tepe Guvenlik

Sweden's Securitas to buy Turkish electronic security firm Tepe Guvenlik
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Peter Karlstromer , Tepe Guvenlik , Securitas Ab , Security Services Europe At Securitas , Security Services Europe , செக்யூரிட்டாஸ் அப , பாதுகாப்பு சேவைகள் யூரோப் ,

Securitas acquires leading electronic security company in Germany


Securitas acquires leading electronic security company in Germany
STOCKHOLM, July 29, 2021 /PRNewswire/
Securitas, the world s leading intelligent protective services partner, has agreed to acquire Protection One, the German market leader specializing in remote technology-driven security solutions and electronic security. The acquisition will enhance Securitas protective services capabilities in Germany and is in line with the Group s strategy of doubling its security solutions and electronic security sales by 2023. The purchase price is approximately MEUR 72 (MSEK 735) on a debt-free basis.
In 2020, Protection One s annual sales were more than MEUR 33 (MSEK 337), of which over 90 percent were on a recurring monthly revenue basis. The company has 230 employees in Germany and is present at 12 locations with the operation center based in Meerbusch, offering remote monitoring services with 24/7 real-time intervention. Combining its high-performance and tailor-made in ....

Nordrhein Westfalen , Peter Karlstr , Prnewswire Securitas , Helena Andreas , Security Services Europe , Communications People , Protection One , Divisional President Security Services Europe , Investor Relations , னோற்ர்ேன் வெஸ்ட்ஃபாலன் , ஹெலினா ஆண்ட்ரியாஸ் , பாதுகாப்பு சேவைகள் யூரோப் , தகவல்தொடர்புகள் மக்கள் , ப்ரொடெக்ஶந் ஒன்று , முதலீட்டாளர் உறவுகள் ,

Securitas AB Interim Report January-March 2021


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. ....

United States , United Kingdom , Magnus Ahlqvist , Bart Adam , Intelligent Protective Services Partner , Fe Moran Security Solutions , Security Services Europe , Security Services North America , Security Services Ibero , Securitas Ab , Security Solutions , Intelligent Protective Services , General Meeting , Report January , Investor Relations , Security Services , Middle East , Large Cap , Cision Ab , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , பார்ட் பண்படாமனித இயல்பு , புத்திசாலி ப்ரொடெக்டிவ் சேவைகள் கூட்டாளர் , ஃபே மோரன் பாதுகாப்பு தீர்வுகள் , பாதுகாப்பு சேவைகள் யூரோப் , பாதுகாப்பு சேவைகள் வடக்கு அமெரிக்கா ,