Securitas AB (OTCPK:SCTBF)

$ 13.3 0.55 (4.31%) Market Cap: 7.34 Bil Enterprise Value: 11.03 Bil PE Ratio: 15.98 PB Ratio: 2.06 GF Score: 82/100

Q4 2022 Securitas AB Earnings Call Transcript

Feb 07, 2023 / 01:30PM GMT

Release Date Price: $9.1

Transcript

Magnus Ahlqvist;publ;President;CEO

Securitas AB

()-&

Good afternoon, everyone, and welcome to our Q4 2022 conference call. We finished the year with good continued momentum and also solid results. But 2022 is not only a year of significantly improved performance, it's also been a year when we have achieved some very significant strategic milestones and important steps in shaping a more technology and solutions focused business and a stronger-than-ever offering to our clients. We are on a good path as a company. I'm glad to present the Q4 results today together with our CFO, Andreas.

And if we go on then to the results on a group level. We have good momentum across all parts of the business and increased the organic sales growth to 9% in the quarter. Technology & Solutions growth, together with high price increases are the 2 main drivers. And our growth in North America, I want to highlight increased to 5%. Strong momentum across the North American business and also then the previously announced contract expansion will positively impact the

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