Securitas AB Interim Report January - March 2007

5/14/2007, 8:00 AM (Source: GlobeNewswire)



* Total sales amounted to MSEK 15,218 (14,948)
* Income before taxes amounted to MSEK 694 (655)
* Net income after tax amounted to MSEK 518 (451)
* Earnings per share amounted to SEK 1.41 (1.23)

Total Total
MSEK Q1 2007 Q1 2006 change % FY 2006 FY 2005 change %
Sales 15,218 14,948 2 60,523 58,201 4
Organic sales 5 5 6 4
growth, %
Operating income 823 809 2 3,591 3,526 2
before amortization
Operating margin, % 5.4 5.4 5.9 6.1
Real change, % 7 -1 4 5
Income before taxes
and items affecting 670 665 1 2,943 2,992 -2
comparability
Real change, % 6 -6 4 8
Income before taxes 694 655 6 883 2,841 -69
Real change, % 12 -8 -67 4
Net income for the 518 451 15 513 2,158
period, continuing -
operations
Earnings per share,
before items
affecting compara-
bility, continuing 1.37 1.25 10 5.97 6.24 -4
operations (SEK)
Earnings per share,
continuing 1.41 1.23 15 1.41 5.84 -76
operations (SEK)


Comments from the CEO, Alf Göransson
"As a further step in specialization and customer focus, a new
segment organization was introduced as of January 1, 2007. Mobile and
Monitoring specialize in security services for small and medium-sized
businesses and electronic alarm surveillance, and increased
investments are presently made in sales resources in order to drive
the organic sales growth. The new Group management team is
accordingly also now in place. The Securitas strategy for the coming
years is presently being developed, and will be presented in
conjunction with the presentation of the half year interim report in
August 2007.

During the first quarter 2007, it has come to our attention that the
cut-off procedures in Loomis Cash Management Ltd (LCM) implemented at
year end 2006 were not fully comprehensive, and new stock takes are
required and the result is expected during the second half of 2007.
Due to the development in the UK cash handling operation, the listing
of Loomis will not take place in 2007."

For further information please contact:
Alf Göransson, President and CEO, +46 8 657 7400
Håkan Winberg, Executive Vice President and CFO, +44 20 8432 6554
Henrik Brehmer, Senior Vice President Investor Relations, +44 20 8432
6523

The full report including tables can be downloaded from the enclosed
link:


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