Securitas Ab Class B · OMXSTO:SECU_B
Securitas Ab Class B — Q2 2026 Earnings Presentation
19 slides from Securitas Ab Class B's earnings presentation, Jul 24, 2026
Slide 1: Interim Report Q2/H1 2026
Securitas Interim Report Q2/H1 2026 Magnus Ahlqvist, President and CEO Matteo Dall’Ora, CFO Q2
Slide 2: Continued profitability improvement
Securitas Interim Report January-June 2026 2 Continued profitability improvement – Adjusted organic sales growth was 3 percent, supported by the Guarding and Technology business units in North America and hampered by active portfolio management in Europe – Real sales growth in technology and solutio
Slide 3: Strong operating margin improvement in both business lines
Securitas Interim Report January-June 2026 3 Strong operating margin improvement in both business lines Real sales % of EBITA % of Group growth, % Group sales margin, % EBITA* Business line Q2 2026 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Q2 2025 – Real sales growth of technology and solution
Slide 4: Securitas North America: Technology installation sales improved in Q2
Securitas Interim Report January-June 2026 4 Securitas North America Technology installation sales improved in Q2 compared to the slow start of the year Organic sales growth 2% (7) in Q2, 1% (5) in H1 Operating margin 9.6% (9.6) in Q2, 9.3% (9.1) in H1 9% • Organic sales growth was stable 10% • Stab
Slide 5: Securitas Europe: Profitability improvement driven by technology and solutions
Securitas Interim Report January-June 2026 5 Securitas Europe Profitability improvement driven by the technology and solutions business line Organic sales growth 2% (5) in Q, 2% (4) in H1 Operating margin 7.0% (6.9) in Q2, 6.6% (6.3) in H1 9% • Organic sales growth was 8% • The margin improvement wa
Slide 6: Securitas Ibero-America: Solid organic sales growth and stable operating margin
Securitas Interim Report January-June 2026 6 Securitas Ibero-America Solid organic sales growth and stable operating margin Organic sales growth 5% (2) in Q2, 5% (3) in H1 Operating margin 7.5% (7.5) in Q2, 7.4% (7.3) in H1 9% • Organic sales growth was 8% • Supported by strong growth driven by stro
Slide 7: Group operating margin improvement driven by Securitas Europe and Other
Securitas Interim Report January-June 2026 7 The improvement of the Group’s operating margin was driven by Securitas Europe and Other Organic sales Real sales growth T&S of total sales, EBITA* Client retention rate, growth, % T&S, % % margin, % % (R-12) June 30, June 30, Business segment Q2 2026 Q2
Slide 8: Financials
Securitas Financials Matteo Dall’Ora, CFO Q2
Slide 9: Income statement
Securitas Interim Report January-June 2026 9 Income statement Real Real change, change, MSEK Q2 2026 Q2 2025 % H1 2026 H1 2025 % FY 2025 Sales 37 843 38 564 -1 74 054 78 170 0 155 113 Organic sales growth, % 0 5 0 4 4 Organic sales growth adjusted, % 3 n/a 2 n/a 4 Operating income before amortizatio
Slide 10: Impact from FX
Securitas Interim Report January-June 2026 10 Impact from FX Change MSEK Q2 2026 Q2 2025 Total, % Real,% Sales 37 843 38 564 -2 -1 Operating income 2 824 2 798 1 3 EPS, SEK 2.88 2.56 12 14 EPS, SEK, before IAC 2.94 2.79 5 7 FX SEK AVERAGE RATES H1 2026 H1 2025 Change, % USD 9.274 10.085 -8.0 EUR 10.
Slide 11: Cash flow in the first six months ahead of last year
Securitas Interim Report January-June 2026 11 Cash flow in the first six months ahead of last year MSEK Q2 2026 Q2 2025 H1 2026 H1 2025 FY 2025 Operating income before amortization 2 824 2 798 5 283 5 323 11 493 Investments in non-current tangible and intangible assets -1 055 -984 -2 037 -1 963 -3 9
Slide 12: Stable net debt to EBITDA ratio
Securitas Interim Report January-June 2026 12 Stable net debt to EBITDA ratio — Solid deleveraging to 2.9x (3.3) net debt to EBITDA ratio Net debt development Net debt/EBITDA ratio MSEK Q2 2026 Q2 2025 3.0 Net debt April 1, 2026/2025 -32 242 -37 267 2.8 Free cash flow 1 717 2 191 2.6 Acquisitions/Di
Slide 13: Financing overview
Securitas Interim Report January-June 2026 1313 Financing overview Debt maturity profile — No financial covenants MSEK – No financial covenants 10 000 – Strong liquidity at end of the quarter: BSEK 6.2 7 500 – MEUR 900 RCF maturing in 2031 and MEUR 200 RCF maturing in 2029, subsequent to a one-year
Slide 14: Strategic update
Securitas Strategic update Q2
Slide 15: New ambitious targets to accelerate value creation towards 2030
Securitas New ambitious targets to accelerate value creation towards 2030 Profitable growth Cash flow Capital structure Dividend policy 10% 80-90% <2.5x 50-60% EPS growth1 Operating cash flow2 Net debt/EBITDA3 of net income4 1) Average annual real growth of EPS excluding 2) Average operating cash fl
Slide 16: Our roadmap for shareholder value creation
Securitas Our roadmap for shareholder value creation 4-6% 0.2-0.3% 1% 10% organic sales margin improvement1 EPS from capital allocation growth Cap. alloc. ~1% Margin ~4% Organic ~5% growth Market Mix Cost leverage Deleveraging M&A EPS growth2 growth + share and efficiency Note: The size of each brid
Slide 17: Disciplined capital allocation focused on growth and shareholder returns
Securitas Disciplined capital allocation focused on growth and shareholder returns Resilient financial position <2.5x net debt to EBITDA over a business cycle 1 Invest in organic Dividend M&A Capital deployment sales growth CAPEX to remain Dividend of 50-60% 1-2% of sales Return excess capital <3% o
Slide 18: The trusted partner in intelligence-led security
Securitas The trusted partner in intelligence - led security
Slide 19: Securitas
Securitas