STOCKHOLM, Sweden, March 11, 2002 (PRIMEZONE) -- Due to an article in the Swedish business daily, "Dagens Industri" of March 11 2002, Securitas makes the following statement:
The purpose of Securitas accounting is, and has always been, to give an accurate and straightforward information about the development within its business areas and for the group as a total. This is valid for the ongoing business as well as for acquisitions made. Securitas accounting is structured in order to allow the use of operative ratios as well as for return on total capital invested.
Securitas financial reporting is prepared in accordance with the Annual Accounts Act and the recommendations and pronouncements of the Swedish Financial Accounting Standard Council and in line with the Stoch Exchange rules issued by Stockholms Stock Exchange.
Securitas will conduct it's Annual General Meeting on April 16, 2002 at Grand Hotel in Stockholm, 5 p.m. where the board of directors, management of Securitas and the auditors will be present and available for questions from the shareholders.
This information was brought to you by Waymaker http://www.waymaker.net