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Securitas AB - SCTBY STOCK NEWS

Welcome to our dedicated news page for Securitas AB (Ticker: SCTBY), a resource for investors and traders seeking the latest updates and insights on Securitas AB.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Securitas AB's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Securitas AB's position in the market.

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Securitas has released its Annual and Sustainability Report 2023, available on their website in ESEF format, focusing on reducing climate impact. The report can be accessed online, emphasizing their commitment to transparency and investor relations.
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Securitas held an Investor Day in Stockholm, emphasizing its successful transformation, long-term strategy, financial targets, and sustainability focus. The company reiterated its financial goals, including technology and solutions growth, operating margin targets, and debt ratios. The CEO highlighted benefits from investments and future shareholder gains.
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Securitas successfully closes a MEUR 500 Eurobond with a 3.875% coupon and 115 basis points margin, maturing in 2030. Proceeds to refinance existing debt. Joint lead managers include BofA Securities, CIC, Commerzbank, Danske Bank, DNB, and UniCredit.
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Securitas AB was upgraded to 'BBB' with a stable outlook by S&P's Global Ratings due to lower leverage and strong cash flow generation.
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Securitas reported a robust margin improvement in Q3 2023, with an operating margin of 6.9 percent and an 8 percent organic sales growth. The company's technology and solutions business represented 53 percent of the Group's operating result with an operating margin of 11.5 percent. The acquisition of STANLEY Security contributed to a real sales growth of 7 percent in this segment. The company is focusing on executing integration and value creation processes, identifying additional cost synergies, and strengthening its client value proposition.
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Securitas AB will publish the Interim report January-September 2023 on November 7, 2023. The report will be sent as a press release and will be published on the company's website. A telephone conference and audio cast will be held where the company's President and CEO, Magnus Ahlqvist, and CFO, Andreas Lindback, will present the report and answer questions.
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Securitas successfully closed a MEUR 600 bond in the Eurobond market with a coupon of 4.375%, including a margin of 120 basis points. The proceeds will be used to refinance existing debt.
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Securitas AB will publish the Interim report January-June 2023 on July 28, 2023. The report will be sent as a press release and published on the company's website. A telephone conference and audio cast will be held at 2.30 p.m. where the company's President and CEO and CFO will present the report and answer questions.
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Securitas AB

OTC:SCTBY

SCTBY Rankings

SCTBY Stock Data

5.96B
480.27M
Investigation Services
Administrative and Support and Waste Management and Remediation Services
Link
Sweden
Stockholm