Welcome to our dedicated page for Securitas news (Ticker: SCTBY), a resource for investors and traders seeking the latest updates and insights on Securitas stock.
The news feed for SECURITAS A B UNSP/ADR (SCTBY) tracks company announcements and investor communications from Securitas AB, a safety and security solutions partner operating in the Investigation Services industry. These updates provide insight into how Securitas manages its strategy, financing, and corporate governance, which are all relevant for investors following the ADR.
Recent news items include details on Securitas’ transformation toward technology and solutions, the integration of STANLEY Security, and the financial targets the company has set for growth, operating margin, leverage, and cash flow. Investors can also follow announcements about interim reports, investor days, and conference calls where senior management presents results and answers questions from analysts and media.
The news stream highlights Securitas’ capital markets activity, such as Eurobond issuances and new revolving credit facility and loan agreements. In these releases, the company explains that proceeds are mainly used to refinance existing debt and to support its continued strategy and investments in digitalization and artificial intelligence. Credit‑related updates, including S&P Global Ratings’ upgrade of Securitas AB to BBB with a stable outlook, also appear in the coverage.
Corporate governance developments are another key theme. For example, decisions from the Annual General Meeting—covering dividends, Board composition, auditor re‑election, remuneration guidelines, share buyback authorizations, and long‑term incentive programs—are reported in detail. By reviewing this news page regularly, users can follow how Securitas communicates its progress on transformation, financing, and shareholder matters over time.
Securitas has successfully concluded a Schuldschein loan transaction, raising MEUR 300 in the international market. This marks the company's first venture into the Schuldschein market, establishing a new source of long-term funding. The issue was oversubscribed by more than three times the launch amount, with the majority of the funding structured for five years in both Euro and US dollar tranches. The proceeds will be utilized to refinance part of a MUSD 1,146 bridge facility linked to the acquisition of STANLEY Security, finalized on July 22, 2022.
Summary not available.
Securitas has secured a four-year term loan agreement of MEUR 1,100 with nine banks, aimed at refinancing a substantial portion of its MUSD 2,315 bridge facility linked to the acquisition of STANLEY Security, finalized on July 22, 2022. CFO Andreas Lindback stated that this long-term loan provides competitive terms and enhances the company's future funding flexibility. The participating banks include Danske Bank, SEB, and others. This refinancing aligns with Securitas' plans to manage existing debt effectively and streamline its financial obligations.
Summary not available.
Securitas has announced the completion of a rights issue of shares, resulting in significant changes to its share structure as of October 31, 2022. The total number of shares increased from 365,058,897 to 573,392,552, comprising 26,938,371 class A shares and 546,454,181 class B shares. This expansion led to a total vote increase from 519,342,297 to 815,837,891 votes. The issuance included 208,333,655 new shares, with 9,795,771 class A shares and 198,537,884 class B shares added. All new securities remain unregistered under U.S. law.
Securitas announced its trading update for the period July 1 - August 31, 2022, reporting total sales of MSEK 22,233, up from MSEK 17,593 in 2021. Organic sales growth stood at 6%. Notably, technology and solutions sales increased to MSEK 6,595, accounting for 30% of total sales. Operating income before amortization reached MSEK 1,437, a 27% increase, resulting in an operating margin of 6.5% compared to 5.9% in the previous year. The acquisition of STANLEY Security positively impacted sales and margins.
Securitas announced new financial targets following the acquisition of STANLEY Security, completed on July 22, 2022. The targets include annual average sales growth of 8-10% for technology and solutions, an 8% Group operating margin by 2025, and a net debt to EBITDA ratio below 3.0x. The previous earnings per share growth target has been replaced. STANLEY Security reported adjusted sales of MUSD 805 for the first half of 2022, with a 3% organic growth rate. Profitability is expected to improve due to implemented pricing and efficiency measures.
Securitas will host an online Investor Update on August 24, 2022, from 2:00 p.m. CEST to 4:00 p.m. CEST, featuring key executives including President and CEO Magnus Ahlqvist and CFO Andreas Lindback. The session will cover the company's strategy and new financial targets following the acquisition of Stanley Security. Participants can submit questions during the event, which will also include a Q&A session.
Summary not available.
Stanley Black & Decker (NYSE: SWK) has completed the sale of its Security assets to Securitas AB for $3.2 billion in cash. This divestiture, announced on December 8, 2021, will focus the company on its core businesses, including Tools and Outdoor and Industrial sectors. The sale is projected to reduce debt and fund a $2.3 billion share repurchase. In 2021, the Security division generated approximately $1.6 billion in revenue with a low double-digit adjusted EBITDA margin, highlighting the strategic transformation of the business.