Interim Report January-March 2007

Interim Report January-March 2007

Increased sales growth characterizes the first quarter of the year

2007 compared with pro forma 2006
*	Sales during the first quarter increased by 12 percent to MSEK 1,653 (1,471).
*	Operating income before amortization increased by 5 percent during the first
quarter to MSEK 120 (115). The operating margin before amortization amounted to
7.3 percent (7.8). 
*	Operating income after amortization increased by 18 percent during the first
quarter to MSEK 116 (99). The operating margin after amortization amounted to
7.0 percent (6.7).
*	Net income amounted to MSEK 85 (57).
*	Earnings per share increased during the first quarter to SEK 0.23 (0.16).

 2007 compared with 2006 (Combined financial statements)
*	Sales during the first quarter increased by 12 percent to MSEK 1,653 (1,471).
*	Operating income before amortization increased by 1 percent during the first
quarter to MSEK 120 (119). The operating margin before amortization amounted to
7.3 percent (8.1). 
*	Operating income after amortization increased by 14 percent during the first
quarter to MSEK 116 (102). The operating margin after amortization amounted to
7.0 percent (7.0). 
*	Net income amounted to MSEK 85 (51).
*	 Earnings per share increased during the first quarter to SEK 0.23 (0.14).

Comments from the CEO, Juan Vallejo;
Securitas Systems showed sales growth of 12 percent for the first quarter 2007.
The organic sales growth amounted to 13 percent. During the period, we reported
operating income before amortization of MSEK 120 (115) and an operating margin
before amortization of 7.3 percent. The development in Mainland Europe is
satisfactory and is going according to plan. We acquired Larmassistans Teknik AB
in Sweden and Italian CIS SpA during the quarter. The effects on earnings of
Systems' increase of the sales organization and strengthening of the service
offering are taking longer than previously estimated, which has resulted in
weaker development in US/UK/Ireland. This may impact the operating margin
negatively in 2007. Systems is now taking the necessary measures in order to
increase profitability in the segment. The organic sales growth for 2007 is
expected to be in line with 2006. At the same time, we anticipate that
acquisition growth will be higher than during 2006. 



For additional information contact:
Juan Vallejo, CEO and President, +46 8 657 7600
Peter Ragnarsson, CFO , +46 8 657 7600
Åsa Larsson, Head of Communications and IR, +46 8 657 7433

Press conference
The press conference will be held in Securitas Systems' head office at
Lindhagensplan 70 in Stockholm on May 8, 2007 at 10,00 CET.