Interim Report January-June 2007

Interim Report January-June 2007

Continued good sales growth

2007 compared with pro forma 2006
* Sales during the first six months increased by 15 percent to MSEK 3,461
(3,012) and during the second quarter by 17 percent to MSEK 1,808 (1,540).
* Operating income before amortization increased by 4 percent during the first
six months to MSEK 281 (269) and resulted in an operating margin of 8.1 percent
(8.9). During the second quarter, the operating income before amortization
increased by 4 percent to MSEK 160 (154). The operating margin before
amortization during the second quarter amounted to 8.9 percent (10.0).
* The operating income after amortization increased during the first six months
by 10 percent to MSEK 271 (247) and resulted in an operating margin of 7.8
percent (8.2). For the second quarter, the operating income after amortization
amounted to MSEK 155 (149), an increase of 4 percent.
* Net income amounted to MSEK 190 (146) during the first six months and, during
the second quarter, to MSEK 105 (89).
* Earnings per share increased during the first six months to SEK 0.52 (0.40)
and, during the second quarter, to SEK 0.29 (0.24).


2007 compared with 2006 (Combined financial statements)
* Sales during the first six months increased by 15 percent to MSEK 3,461
(3,012) and, during the second quarter, by 17 percent to MSEK 1,808 (1,540).
* The operating income after amortization increased during the first six months
by 17 percent to MSEK 271 (231) and resulted in an operating margin of 7.8
percent (7.7). For the second quarter, the operating income after amortization
amounted to MSEK 155 (129), an increase of 21 percent.
* Net income amounted to MSEK 190 (118) during the first six months and, during
the second quarter, to MSEK 105 (68). 
* Earnings per share increased during the first six months to SEK 0.52 (0.32)
and, during the second quarter, to SEK 0.29 (0.18).


* The outlook for 2007 is revised upwards. The organic sales growth for 2007 is
expected to be somewhat better than during 2006.

Comments from the CEO, Juan Vallejo
“I am satisfied that the sales growth continues. The 14 percent organic sales
growth during the second quarter is good, and Mainland Europe is the main driver
behind this increase. We are gaining market shares in both our segments. Our
Anglo-Saxon segment has returned to profit after the loss in the first quarter.
The strategy to increase the service element and broadening the customer
portfolio remains. We are now focusing our efforts on a cost-reduction program
to improve profitability in our US/UK/Ireland segment.”




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

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