Releases - Securitas

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2007

 

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Lars Blecko takes up his position as Managing Director for Loomis AB on February...

As announced earlier, Lars Blecko has been appointed new Managing Director for Loomis AB, Securitas cash handling division. He will take up his position on February 1, 2008.
Lars Blecko is currently President and CEO at Rottneros AB.

While awaiting Blecko to take up his new position, Securitas AB’s President and CEO Alf Göransson holds the position as Managing Director for Loomis AB as well.

This press...

Loomis sells Loomis Cash Management (LCM) operation in the UK

Loomis AB’s cash handling operation in the United Kingdom Loomis Cash Management Ltd (LCM) has sold its fixed assets and operation to Vaultex UK Ltd jointly owned by HSBC Bank plc and Barclays Bank PLC. The hand over of operation, assets and employees has taken place on November 24, 2007.
The sale of the fixed assets and the operations will result in a loss of approximately MSEK 160 (MGBP 12) due to a lower...

Securitas acquires security services company in Peru

Following the strategy to further expand its presence in Latin America, Securitas has entered into an agreement to acquire 90 percent of the shares in the security services company Forza S.A. with subsidiaries Forza Alarmas and Forza Amazonica in Peru. Estimated enterprise value of the acquisition is approximately MSEK 94 (MPEN 44). The agreement includes the option of acquiring the remaining 10 percent at a price...

Securitas to acquire security services company in India

As part of the strategy to grow the business in Asia, Securitas has agreed to acquire 49 percent of the shares in the Indian security services company Walsons. The purchase price is approximately MSEK 107 (MINR 670).
Walsons, which was established in 1996, is the fourth largest national security services company in India and has annual sales of approximately MSEK 76 (MINR 475). The company has 6 500 employees...

Securitas AB Interim Report January – September 2007

• Total sales amounted to MSEK 46,811 (45,343)
• Income before taxes amounted to MSEK 1,379 (1,542)
• Net income after tax amounted to MSEK 560 (1,063)
• Earnings per share amounted to SEK 1.53 (2.91)

Comments from the President and CEO, Alf Göransson:

“The strategy for the future, aiming to flatten out the long-term trend of declining gross margins, was rolled out throughout the Group in the third...

Securitas AB to publish Interim Report on Friday, November 9, 2007

Securitas AB will publish its January-September 2007 report on Friday, November 9
at 8.00 a.m. (CET). The press release will be available at the company’s website www.securitas.com immediately after publishing.
Agenda (AM, CET)

8.00 Report release
The report will be sent as a press release from Cision (www.cision.se) and will automatically be published on www.securitas.com when released.

9.00...

Lars Blecko appointed new Managing Director for Loomis AB

Lars Blecko has been appointed new Managing Director for Loomis AB, Securitas AB’s cash handling division. He succeeds Håkan Ericson, who was appointed Managing Director in 2006 with the assignment among others to list Loomis on the stock exchange. As a result of the development within Loomis during the past year and the delayed stock exchange listing, the parties have agreed that Håkan Ericson will leave the...

Loomis appeals the suspension of the license to pursue cash handling services in...

The county administrative board in Stockholm county has decided to withdraw Loomis Sweden AB’s license to pursue cash handling services in Sweden per March 1, 2008. Loomis Sweden AB is Securitas’ Swedish division for cash handling services. Loomis will appeal the ruling and will request the county administrative board to immediately decide for inhibition of the implementation.

The ruling to suspend Loomis’...

Securitas acquires security services company in Argentina

As part of the strategy to grow the business in Latin America, Securitas in Argentina has entered into an agreement to acquire 100 percent of the shares in the security services company Cono Sur S.A. Enterprise value is estimated to MSEK 37 (MARS 17).
Cono Sur has annual sales of approximately MSEK 60 (MARS 27). The business is located to the Province of Buenos Aires, the City of Buenos Aires and the southern...

Loomis acquires Guardian Armored Security’s cash handling operations in Michigan...

Loomis AB, the Securitas cash handling services division, has acquired Guardian Armored Security Inc., a Michigan based cash handling services company. With this acquisition, Loomis becomes the leading cash handling company in the Michigan market. The purchase price is approximately MSEK 28 (MUSD 4).
The Guardian cash handling operations in Michigan consists of 205 employees based in three operating locations...

Securitas

Securitas is a knowledge leader in security, focusing on providing security solutions to fit each customer's needs in 49 countries in North America, Europe, Latin America, Middle East, Asia and Africa. Everywhere from sm...

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