SCTBY - Securitas AB (publ) (SCTBF) Q2 2025 Earnings Call Transcript
2025-07-30 07:45:29 ET
Securitas AB (publ) (SCTBF)
Q2 2025 Earnings Conference Call
July 30, 2025 03:30 AM ET
Company Participants
Andreas Lindback - Chief Financial Officer
Magnus Ahlqvist - President & CEO
Conference Call Participants
Allen David Wells - Jefferies LLC, Research Division
Raymond Ke - Nordea Markets, Research Division
Remi Rene Grenu - Morgan Stanley, Research Division
Viktor Lindeberg - Carnegie Investment Bank AB, Research Division
Presentation
Magnus Ahlqvist
Good morning, everyone, and welcome to our first half update. We're making good progress, and we are glad to deliver a strong Q2 report. So let us go straight to the highlights. We're recording good development across all segments, and the organic growth increased sequentially to 5% in the quarter from 3% in Q1, and a very strong recovery in North America is the driver of the increase. The operating margin improved 40 basis points versus last year to 7.3%. And all business segments supported the profitability improvement, and we noted improvements in both business lines and especially strong in Technology & Solutions.
As announced last quarter, we have done an extensive strategic assessment of the government business within Critical Infrastructure Services and have decided to close this down. The business is not aligned with our long-term strategy. The outlook in terms of value creation opportunities and healthy profitability in this part of the market is limited. And we have assessed a number of different options in the last few years, but due to the underlying performance of the business, we have concluded that the best option is to close the business down. And we will, of course, do this in an orderly fashion, supporting both our clients and people....
Securitas AB (publ) (SCTBF) Q2 2025 Earnings Call Transcript