SCTBF - Securitas: A Secured Investment

Business overview

Securitas (OTCPK:SCTBF) is the world’s largest security company with operations in 56 countries and approximately 370,000 employees across the world. The company has a leading position in Europe and is #2 in North America and in Latin America and has a small presence in Asia, Middle East and Africa. The company offers protection services such as on-site, mobile and remote guarding, electronic security, fire and safety and corporate risk management. Vast majority of sales (77%) are generated by guarding activities which are commoditized, highly competitive and labor intensive; that is why