Interim Report January-September 2007 Good sales growth and stable margins 2007 compared with pro forma 2006 Sales increased during the period by 14 percent to MSEK 5,163 (4,512) and during the third quarter by 13 percent to MSEK 1,702 (1,500). Operating income before amortization increased by 6 percent during the period to MSEK 431 (407) and resulted in an operating margin of 8.3 percent (9.0). During the third quarter, operating income before amortization increased by 8 percent to MSEK 150 (138). Operating margin before amortization during the third quarter amounted to 8.8 percent (9.2). Operating income after amortization increased during the period by 9 percent to MSEK 416 (380) and resulted in an operating margin of 8.1 percent (8.4). For the third quarter, operating income after amortization amounted to MSEK 145 (133), an increase of 8 percent. Net income amounted to MSEK 268 (224) during the period and, during the third quarter, to MSEK 78 (78). Earnings per share increased during the period to SEK 0.73 (0.61). Earnings per share during the third quarter amounted to SEK 0.21 (0.21). 2007 compared with 2006 (Combined financial statements) Sales during the period increased by 14 percent to MSEK 5,163 (4,512) and, during the third quarter, by 13 percent to MSEK 1,702 (1,500). Operating income after amortization increased during the period by 18 percent to MSEK 416 (352) and resulted in an operating margin of 8.1 percent (7.8). For the third quarter, operating income after amortization amounted to MSEK 145 (121), an increase of 20 percent. Net income amounted to MSEK 268 (184) during the period and, during the third quarter, to MSEK 78 (66). Earnings per share increased during the period to SEK 0.73 (0.50) and, during the third quarter, to SEK 0.21 (0.18). Comments from the CEO, Juan Vallejo ”We see continued good sales growth and stable margins in our largest segment, Mainland Europe. The acquisitions of Larmassistans Teknik and CIS SpA are contributing positively to operating income and during the third quarter we have also strengthened our position in Germany via the acquisition of F+H electronic. The measures taken to increase the profitability in the segment US/UK/Ireland continue but are taking longer than previously assessed. Operating income in the segment US/UK/Ireland is, therefore, expected to be lower for the full year 2007 than for 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 IR and Communications, +46 8 657 7433 Securitas Systems AB (publ) is a world leading security systems integrator offering complete security solutions for customers with high security demands within market segments, such as banking, industry, defense, healthcare and retail. Services are based on modern technology and concepts include access control, video surveillance, intrusion protection and fire alarm systems. Total annual sales amount to approximately MSEK 6,400. The company has approximately 5,400 employees and operates in 14 European countries and in the USA, Hong Kong and Australia. Systems is listed on the Nordic list (mid cap) within ticker SYSI. The ISIN code for the B-share is SE0001785197. For further information on Securitas Systems please visit the following website www.securitassystems.com.
Interim Report January-September 2007
| Source: Niscayah Group AB