Slide 1: Interim Report January-June 2025
Securitas Interim Report January-June 2025 Magnus Ahlqvist, President and CEO Andreas Lindback, CFO Q2
Slide 2: A good quarter across all segments
Securitas Interim Report January-June 2025 2 A good quarter across all segments – Organic sales growth of 5 percent (5) in the second quarter – Operating margin of 7.3 percent (6.9) – Supported by all business segments – Both security services and technology & solutions improved the operating margin
Slide 3: Operating margin improvement in both business lines
Securitas Interim Report January-June 2025 3 Operating margin improvement in both business lines Real sales % of EBITA % of Group growth, % Group sales margin, % EBITA* – The technology and solutions business delivered strong operating margin improvement in the quarter Business line Q2 2025 Q2 2024
Slide 4: Securitas North America: Good organic sales growth and continued margin improvement
Securitas Interim Report January-June 2025 4 Securitas North America Good organic sales growth and continued margin improvement Organic sales growth 7% (2) in Q2, 5% (3) in H1 Operating margin 9.6% (9.2) in Q2, 9.1% (8.9) in H1 10% • Organic sales growth mainly 10% • Improved operating margin driven
Slide 5: Securitas Europe: Higher operating margin driven by both business lines
Securitas Interim Report January-June 2025 5 Securitas Europe Higher operating margin driven by both business lines Organic sales growth 5% (8) in Q2, 4% (9) in H1 Operating margin 6.9% (6.4) in Q2, 6.3% (5.7) in H1 14% • Organic sales growth was 8% • The margin improvement was driven by price incre
Slide 6: Securitas Ibero-America: Strong margin development driven by security services
Securitas Interim Report January-June 2025 6 Securitas Ibero-America Strong margin development driven by the security services business line Organic sales growth 2% (8) in Q2, 3% (7) in H1 Operating margin 7.5% (6.8) in Q2, 7.3% (6.7) in H1 28% • Organic sales growth driven by: 8% • The improvement
Slide 7: Improving operating margins in all business segments
Securitas Interim Report January-June 2025 7 Improving operating margins in all business segments Organic sales Real sales growth T&S of total sales, EBITA Client retention rate, growth, % T&S, % % margin, % % Business segment Q2 2025 Q2 2024 Q2 2025 Q2 2024 Q2 2025 Q2 2024 Q2 2025 Q2 2024 Q2 2025 Q
Slide 8: Financials
Securitas Financials Andreas Lindback, CFO Q2
Slide 9: Financial highlights
Securitas Interim Report January-June 2025 9 Financial highlights Real Real change, change, MSEK Q2 2025 Q2 2024 % H1 2025 H1 2024 % FY 2024 Sales 38 564 40 638 4 78 170 79 898 3 161 921 Organic sales growth, % 5 5 4 6 5 Operating income before amortization 2 798 2 801 10 5 323 5 158 10 11 200 KPI i
Slide 10: Operating cash flow and free cash flow improved compared to last year
Securitas Interim Report January-June 2025 10 Operating cash flow and free cash flow improved compared to last year MSEK Q2 2025 Q2 2024 H1 2025 H1 2024 FY 2024 Operating income before amortization 2 798 2 801 5 323 5 158 11 200 Investments in non-current tangible and intangible assets -984 -1 142 -
Slide 11: Continued improvement in Net debt/EBITDA
Securitas Interim Report January-June 2025 11 Continued improvement in Net debt/EBITDA — Solid deleveraging to 2.9x (3.3) net debt to EBITDA ratio Net debt development Net debt/EBITDA ratio MSEK Q2 2025 Q2 2024 3.0 Net debt April 1, 2025 -37 267 -41 130 2.8 2.9 Free cash flow 2 191 429 2.6 2.7 Acqui
Slide 12: Financing overview
Securitas Interim Report January-June 2025 1212 Financing overview — No financial covenants – No financial covenants – Strong liquidity at end of the quarter: BSEK 6.8 MSEK 10 000 – A new RCF was signed, consisting of 2 tranches –MEUR 900 maturing 2030 –MEUR 200 maturing 2028 7 500 –Each tranche may
Slide 13: Close down of the government business within SCIS
Securitas Interim Report January-June 2025 1313 Close down of the government business within SCIS – Estimated to be largely completed by the end of 2026, positively impacting the Group’s long-term profitability – Sales of BSEK 3.2 in the first half of 2025, accounting for 77 percent of SCIS’ total s
Slide 14: Strategic update
Securitas Strategic update Q2
Slide 15: Committed to achieving our target as we enter the second half of 2025
Securitas Interim Report January-June 2025 15 Committed to achieving our target as we enter the second half of 2025 — Exit from Argentina — Airport security business in France divested — High single-digit organic sales — Close down of government part growth supported by significant within SCIS initi
Slide 16: A good quarter across all business segments
Securitas Interim Report January-June 2025 1616 A good quarter across all business segments – The operating margin improved to 7.3 percent (6.9) in the second quarter – EPS improvement of 25 percent – Operating cash flow was 106 percent (60) – Net debt to EBITDA ratio at 2.4 (2.9) – Committed to ach
Slide 17: Securitas
Securitas
Slide 18: FX impact in the quarter
Securitas Interim Report January-June 2025 18 FX impact in the quarter Change MSEK Q2 2025 Q2 2024 Total, % Real*,% Sales 38 564 40 638 -5 4 Operating income 2 798 2 801 0 10 EPS, SEK 2.56 2.28 12 25 EPS, SEK, before IAC 2.79 2.60 7 20 * Including acquisitions and adjusted FX FX SEK END-RATES Change