)
Securitas (SECU) investor relations material
Securitas Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved a record 8.1% operating margin in Q3, surpassing the 8% target, with adjusted margin at 8.3% and strong EPS growth of 19% year-over-year.
Organic sales growth was 3% in Q3, with North America and Iberoamerica leading, and adjusted organic growth at 4%.
Operating cash flow exceeded 100% of operating income, supporting deleveraging and a net debt/EBITDA ratio of 2.2.
Business optimization and cost savings programs largely executed, with most targeted savings realized.
SCIS government business close-down progressing as planned, expected to enhance long-term profitability.
Financial highlights
Q3 sales were SEK 38,521 million, down 2–4% year-over-year; 9M sales SEK 116,691 million, down 3%.
Q3 operating income before amortization rose 11% to SEK 3,107 million; Q3 operating margin was 8.1% (prior year: 7.5%).
Free cash flow in Q3 was SEK 2,650 million, supported by strong operating cash flow and lower interest payments.
Net debt to EBITDA improved to 2.2x, a half-turn better than last year.
EPS before items affecting comparability was SEK 3.34 in Q3, up 19% year-over-year.
Outlook and guidance
On track to achieve at least 8% adjusted operating margin in H2 2025.
Portfolio management and business optimization in Europe and Iberoamerica expected to complete by H1 2026.
Continued focus on profitable growth, margin improvement, and technology-driven solutions.
Full-year tax rate forecasted at 29.2%, or 26.8% excluding government business close-down costs.
Q4 cash flow to be negatively impacted by $30–40 million due to tax timing and an extra US payroll.
Next Securitas earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage