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Securitas

July 30, 2024

Securitas AB Interim Report Q2 2024 | January–June

April–June 2024 · Total sales MSEK 40 638 (39 909) · Organic sales growth 5 percent (11) · Real sales growth within technology and solutions 7 percent (73) · Operating income before amortization MSEK 2 801 (2 620) · Operating margin 6.9 percent (6.6) · Earnings per share SEK 2.28 (2.05) · Earnings per share before IAC, SEK 2.60 (2.46) · Cash flow from operating activities 60 percent (46) January–June 2024 · Total sales MSEK 79 898 (77 660) · Organic sales growth 6 percent (11) · Real sales growth within technology and solutions 7 percent (75) ·

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Securitas sets provision related to U.S. Government investigation in Paragon Systems, Inc.

Securitas
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2024
.
09
.
13
Securitas sets a provision of approximately MUSD 53 (MSEK 551) related to the U.S. Government investigation into Paragon Systems, Inc, a U.S.-based subsidiary within the business unit Securitas Critical Infrastructure Services. As previously communicated, the U.S. Government is conducting an investigation into Paragon Systems, Inc, a U.S.- based subsidiary operating under a proxy agreement as required by the U.S. authorities to be eligible for U.S. government business. The investigation relates to alleged misconduct by certain former employees and to Paragon’s relationship with various small
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ASSA ABLOY acquires Level Lock in the US

Assa Abloy
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2024
.
09
.
10
ASSA ABLOY has acquired Level Lock, a technology solutions business based in Redwood City, California. "I am very pleased to welcome Level Lock into the ASSA ABLOY Group. This acquisition is an exciting technological addition to the ASSA ABLOY Group and will provide complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY. "The acquisition of Level Lock complements ASSA ABLOY’s technology portfolio and strengthens our digital offering across multiple businesses in the Americas division,” says Lucas Boselli, Executive Vice President of ASSA ABLOY and
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Hexagon’s net-zero science-based targets validated by the Science Based Targets initiative (SBTi)

Hexagon
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2024
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08
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29
Hexagon, the global leader in digital reality solutions, today announced that its reduction targets for near-term and net-zero greenhouse gas emissions have been approved by the Science Based Targets initiative (SBTi). This independent, scientific validation highlights Hexagon's commitment towards sustainability. Hexagon's (https://hexagon.com/) approved targets include: · Reducing Scope 1 and 2 emissions by 95% and Scope 3 emissions by 51.6% per EUR value added by 2030, from a 2022 baseline · Increasing renewable electricity usage to 100% by 2027 · Reaching net-zero greenhouse
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