{"success":true,"data":{"pressRelease":{"id":"178081","rtpr_id":"nPn53r4jta-20261023","ticker":"SECUB","exchange":"Nasdaq Stockholm","all_tickers":["SECUB"],"title":"Securitas AB Interim Report Q3 2026 | January-September","author":"PR Newswire","published_at":"2026-10-23T06:29:52.792Z","article_body":"Securitas AB Interim Report Q3 2026 | January-September\nPR Newswire\n\nSTOCKHOLM, Oct. 23, 2026\n\nSTOCKHOLM, Oct. 23, 2026 /PRNewswire/ --\n\nJuly–September 2026\n\n * Total sales MSEK 38 566 (38 521)\n * Organic sales growth 0 percent (3)\n * Adjusted organic sales growth, 3 percent (4)*\n * Real sales growth within technology and solutions 6 percent (4)\n * Operating income before amortization MSEK 3 161 (3 107)\n * Operating margin 8.2 percent (8.1)\n * Adjusted operating margin, 8.2 percent (8.3)*\n * Items affecting comparability (IAC) MSEK –36 (–1 527)\n * Earnings per share, SEK 3.68 (1.09)\n * Earnings per share before IAC, SEK 3.28 (3.34)\n * Cash flow from operating activities 82 percent (106)\nJanuary–September 2026\n\n * Total sales MSEK 112 620 (116 691)\n * Organic sales growth 0 percent (4)\n * Adjusted organic sales growth, 3 ­percent (4)*\n * Real sales growth within technology and solutions 5 percent (5)\n * Operating income before ­amortization MSEK 8 444 (8 430)\n * Operating margin 7.5 percent (7.2)\n * Adjusted operating margin, 7.6 ­percent (7.5)*\n * Items affecting comparability (IAC) MSEK 102 (–1 770) whereof MSEK 223\n(–5) related to divestitures\n * Earnings per share, SEK 9.36 (5.95)\n * Earnings per share before IAC, SEK 8.69 (8.48)\n * Cash flow from operating activities 71 ­percent (74)\n * Net debt/EBITDA ratio 2.1 (2.2)\n*A new key ratio, operating margin adjusted for the government business within\nSCIS in the process of being closed down, was added as of the second quarter\n2025. A new key ratio, organic sales growth adjusted for the same business,\nwas added as of the third quarter 2025. Refer to note 5 for further\ninformation.\n\nComments from the President and CEO\n\n\"Solid performance supported by technology momentum\"\n\nOrganic sales growth in the third quarter was 3 percent, adjusted for the\nclose-down of the SCIS govern­ment business. The Technology and Guarding\nbusiness units in North America delivered solid growth, while lower activity\nin the airport business weighed on organic sales growth in Europe.\n\nReal sales growth in technology and solutions was 6 percent in the third\nquarter. The commercial momentum in our global technology business remained\nhealthy, as installation order intake and backlog continued to grow, with\nrecord-high installation order intake in North America and Ibero-America. The\nshare of technology and solutions increased to 35 percent (33), reflecting the\nexecution of our strategic direction. This devel­op­ment is supported by our\ndiffer­enti­ated technology-led offering, and we continue to expand the\ncommercialization of the capabilities we have built across the Group.\n\nOur security services offering continues to be well received in client\nsegments such as data centers, defense and pharmaceuticals, where long-term\npartnerships and high-quality security services offerings are increasingly\nvalued. In certain markets and client segments, however, demand trends remain\nsomewhat cautious, resulting in more selective purchasing behavior and longer\ndecision cycles. We are managing this dynamic effectively in North America,\nwhile market conditions in certain countries in Europe and Ibero-America\nremain more frag­mented, which impacted topline growth in the third quarter.\n\nThe adjusted operating margin in the third quarter was 8.2 percent (8.3),\nsupported by continued good performance in North America. Operating margins in\nEurope and Ibero-America were below the strong levels achieved in the third\nquarter of last year. This was primarily due to the airport security business\nin Europe which had an impact in the third quarter of –0.2 percent on Group\nadjusted operating margin. Operating income was in line with last year. For\nthe first nine months of the year, earnings per share increased by 6 percent.\n\nCash generation remained good, corresponding to 82 percent (106) of operating\nincome in the quarter, and 71 percent (74) for the first nine months of the\nyear. We remain well positioned to achieve our full-year cash flow target of\n80–90 percent of operating income before amortization. The net debt to\nEBITDA ratio was 2.1 (2.2).\n\nTHE TRUSTED PARTNER IN INTELLIGENCE-LED SECURITY\n\nSince launching our strategy this summer, I have met with clients across three\ncontinents. The response has been very positive, with both existing and\nprospective clients recognizing the value of our ambition to become the\ntrusted partner in intelligence-led security. They see compelling value in our\nemphasis on quality and in a more dynamic, intelligence-led approach that\ncombines high-quality security services with technology, data, analytics and\nSecurity Risk Management capabilities. While this represents a shift from\nestablished industry practices, there is strong support for the direction.\nClients increasingly recognize Securitas' ability to leverage AI, automa­tion\nand actionable risk intelligence to deliver greater value, and we are already\nbeginning to see early signs of a shift in buying behavior towards\nintelligence-led security.\n\nAs part of the final stage of our strategic assessment program, we expect to\nhave exited the last remaining contracts within the SCIS govern­ment business\nby the end of October.\n\nCREATING LONG-TERM SHAREHOLDER VALUE\n\nIn conjunction with the launch of our 2030 strategy, we updated the Group's\nfinancial targets, including our target to deliver average annual earnings per\nshare growth of 10 percent over a business cycle. With a clear focus on\nquality, innovation, and disciplined execution, we are accelerating our\ntransformation and remain confi­dent in our ability to deliver sustain­able\nearnings growth and create long-term shareholder value.\n\nMagnus Ahlqvist\nPresident and CEO\n\nPRESENTATION OF THE INTERIM REPORT\n\nAnalysts and media are invited to participate in a telephone ­conference on\nOctober 23, 2026, at 9.30 a.m. (CEST) where President and CEO Magnus Ahlqvist\nand CFO Matteo Dall'Ora will present the report and answer questions. The\n­telephone conference will also be audio cast live via Securitas'\nwebsite www.securitas.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805080-1&h=2511088024&u=https%3A%2F%2Fwww.securitas.com&a=www.securitas.com)\n \n\nTo follow the audio cast of the telephone conference via the web, please\nfollow the link\nwww.securitas.com/en/investors/financial-reports-and-presentations/\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805080-1&h=1500892860&u=https%3A%2F%2Fwww.securitas.com%2Fen%2Finvestors%2Ffinancial-reports-and-presentations%2F&a=www.securitas.com%2Fen%2Finvestors%2Ffinancial-reports-and-presentations%2F)\n \n\nA recorded version of the audio cast will be available at\nwww.securitas.com/en/investors/financial-reports-and-presentations/\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805080-1&h=1500892860&u=https%3A%2F%2Fwww.securitas.com%2Fen%2Finvestors%2Ffinancial-reports-and-presentations%2F&a=www.securitas.com%2Fen%2Finvestors%2Ffinancial-reports-and-presentations%2F)\nafter the ­telephone conference.\n\nFor further information, please contact: Micaela Sjökvist, Vice President,\nInvestor Relations +46 76 116 7443\n\nABOUT SECURITAS\n\nSecuritas is a world-leading safety and security solutions partner that helps\nmake your world a safer place. Nine decades of deep experience means we see\nwhat others miss. By leveraging technology in partnership with our clients,\n­combined with an innovative, holistic approach, we're transforming the\nsecurity ­industry. With approximately 322 000 employees in 44 markets, we\nsee a ­different world and ­create sustainable value for our clients by\nprotecting what matters most – their people and assets.\n\nGroup financial targets\n\nSecuritas has the following financial targets:\n\n * Average annual earnings per share growth of 10 percent over a business cycle,\nexcluding items affecting comparability and adjusted for changes in exchange\nrates, with a >10 percent operating margin ambition long-term\n * Operating cash flow of 80–90 percent of operating income before amortization\n * Net debt to EBITDA below 2.5x\n * Dividend policy of 50–60 percent of annual net income over a business cycle,\nwith excess capital returned to shareholders once stra-tegic growth priorities\nare met\nSecuritas AB (publ.)\nP.O. Box 12307, SE-102 28 Stockholm, Sweden\n\nVisiting address:\nLindhagensplan 70\nTelephone: +46 10 470 30 00\nCorporate registration number: 556302-7241\nwww.securitas.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805080-1&h=2511088024&u=https%3A%2F%2Fwww.securitas.com&a=www.securitas.com)\n \n\nThis is information that Securitas AB is obliged to make public pursuant to\nthe EU Market Abuse Regulation.\nThe information was submitted for publication, through the agency of the\ncontact person set out above, at 8.00 a.m. (CEST) on Friday, October 23, 2026.\n\nThis information was brought to you by Cision http://news.cision.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805080-1&h=1365534322&u=http%3A%2F%2Fnews.cision.com%2F&a=http%3A%2F%2Fnews.cision.com)\n\nhttps://news.cision.com/securitas/r/securitas-ab-interim-report-q3-2026---january-september,c4414086\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805080-1&h=263348747&u=https%3A%2F%2Fnews.cision.com%2Fsecuritas%2Fr%2Fsecuritas-ab-interim-report-q3-2026---january-september%2Cc4414086&a=https%3A%2F%2Fnews.cision.com%2Fsecuritas%2Fr%2Fsecuritas-ab-interim-report-q3-2026---january-september%2Cc4414086)\n\nThe following files are available for download:\n https://mb.cision.com/Main/1062/4414086/4334739.pdf                                                                                                                                                                                   Q32026_eng_final\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805080-1&h=1524970368&u=https%3A%2F%2Fmb.cision.com%2FMain%2F1062%2F4414086%2F4334739.pdf&a=https%3A%2F%2Fmb.cision.com%2FMain%2F1062%2F4414086%2F4334739.pdf)\n\n \n\nView original\ncontent:https://www.prnewswire.com/news-releases/securitas-ab-interim-report-q3-2026--januaryseptember-302917855.html\n(https://www.prnewswire.com/news-releases/securitas-ab-interim-report-q3-2026--januaryseptember-302917855.html)\n\nSOURCE Securitas\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn53r4jta-20261023","title":"Securitas AB Interim Report Q3 2026 | January-September","author":"PR Newswire","ticker":"SECUB","created":"2026-10-23T06:29:52.792Z","tickers":["SECUB"],"exchange":"Nasdaq Stockholm","article_body":"Securitas AB Interim Report Q3 2026 | January-September\nPR Newswire\n\nSTOCKHOLM, Oct. 23, 2026\n\nSTOCKHOLM, Oct. 23, 2026 /PRNewswire/ --\n\nJuly–September 2026\n\n * Total sales MSEK 38 566 (38 521)\n * Organic sales growth 0 percent (3)\n * Adjusted organic sales growth, 3 percent (4)*\n * Real sales growth within technology and solutions 6 percent (4)\n * Operating income before amortization MSEK 3 161 (3 107)\n * Operating margin 8.2 percent (8.1)\n * Adjusted operating margin, 8.2 percent (8.3)*\n * Items affecting comparability (IAC) MSEK –36 (–1 527)\n * Earnings per share, SEK 3.68 (1.09)\n * Earnings per share before IAC, SEK 3.28 (3.34)\n * Cash flow from operating activities 82 percent (106)\nJanuary–September 2026\n\n * Total sales MSEK 112 620 (116 691)\n * Organic sales growth 0 percent (4)\n * Adjusted organic sales growth, 3 ­percent (4)*\n * Real sales growth within technology and solutions 5 percent (5)\n * Operating income before ­amortization MSEK 8 444 (8 430)\n * Operating margin 7.5 percent (7.2)\n * Adjusted operating margin, 7.6 ­percent (7.5)*\n * Items affecting comparability (IAC) MSEK 102 (–1 770) whereof MSEK 223\n(–5) related to divestitures\n * Earnings per share, SEK 9.36 (5.95)\n * Earnings per share before IAC, SEK 8.69 (8.48)\n * Cash flow from operating activities 71 ­percent (74)\n * Net debt/EBITDA ratio 2.1 (2.2)\n*A new key ratio, operating margin adjusted for the government business within\nSCIS in the process of being closed down, was added as of the second quarter\n2025. A new key ratio, organic sales growth adjusted for the same business,\nwas added as of the third quarter 2025. Refer to note 5 for further\ninformation.\n\nComments from the President and CEO\n\n\"Solid performance supported by technology momentum\"\n\nOrganic sales growth in the third quarter was 3 percent, adjusted for the\nclose-down of the SCIS govern­ment business. The Technology and Guarding\nbusiness units in North America delivered solid growth, while lower activity\nin the airport business weighed on organic sales growth in Europe.\n\nReal sales growth in technology and solutions was 6 percent in the third\nquarter. The commercial momentum in our global technology business remained\nhealthy, as installation order intake and backlog continued to grow, with\nrecord-high installation order intake in North America and Ibero-America. The\nshare of technology and solutions increased to 35 percent (33), reflecting the\nexecution of our strategic direction. This devel­op­ment is supported by our\ndiffer­enti­ated technology-led offering, and we continue to expand the\ncommercialization of the capabilities we have built across the Group.\n\nOur security services offering continues to be well received in client\nsegments such as data centers, defense and pharmaceuticals, where long-term\npartnerships and high-quality security services offerings are increasingly\nvalued. In certain markets and client segments, however, demand trends remain\nsomewhat cautious, resulting in more selective purchasing behavior and longer\ndecision cycles. We are managing this dynamic effectively in North America,\nwhile market conditions in certain countries in Europe and Ibero-America\nremain more frag­mented, which impacted topline growth in the third quarter.\n\nThe adjusted operating margin in the third quarter was 8.2 percent (8.3),\nsupported by continued good performance in North America. Operating margins in\nEurope and Ibero-America were below the strong levels achieved in the third\nquarter of last year. This was primarily due to the airport security business\nin Europe which had an impact in the third quarter of –0.2 percent on Group\nadjusted operating margin. Operating income was in line with last year. For\nthe first nine months of the year, earnings per share increased by 6 percent.\n\nCash generation remained good, corresponding to 82 percent (106) of operating\nincome in the quarter, and 71 percent (74) for the first nine months of the\nyear. We remain well positioned to achieve our full-year cash flow target of\n80–90 percent of operating income before amortization. The net debt to\nEBITDA ratio was 2.1 (2.2).\n\nTHE TRUSTED PARTNER IN INTELLIGENCE-LED SECURITY\n\nSince launching our strategy this summer, I have met with clients across three\ncontinents. The response has been very positive, with both existing and\nprospective clients recognizing the value of our ambition to become the\ntrusted partner in intelligence-led security. They see compelling value in our\nemphasis on quality and in a more dynamic, intelligence-led approach that\ncombines high-quality security services with technology, data, analytics and\nSecurity Risk Management capabilities. While this represents a shift from\nestablished industry practices, there is strong support for the direction.\nClients increasingly recognize Securitas' ability to leverage AI, automa­tion\nand actionable risk intelligence to deliver greater value, and we are already\nbeginning to see early signs of a shift in buying behavior towards\nintelligence-led security.\n\nAs part of the final stage of our strategic assessment program, we expect to\nhave exited the last remaining contracts within the SCIS govern­ment business\nby the end of October.\n\nCREATING LONG-TERM SHAREHOLDER VALUE\n\nIn conjunction with the launch of our 2030 strategy, we updated the Group's\nfinancial targets, including our target to deliver average annual earnings per\nshare growth of 10 percent over a business cycle. With a clear focus on\nquality, innovation, and disciplined execution, we are accelerating our\ntransformation and remain confi­dent in our ability to deliver sustain­able\nearnings growth and create long-term shareholder value.\n\nMagnus Ahlqvist\nPresident and CEO\n\nPRESENTATION OF THE INTERIM REPORT\n\nAnalysts and media are invited to participate in a telephone ­conference on\nOctober 23, 2026, at 9.30 a.m. (CEST) where President and CEO Magnus Ahlqvist\nand CFO Matteo Dall'Ora will present the report and answer questions. The\n­telephone conference will also be audio cast live via Securitas'\nwebsite www.securitas.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805080-1&h=2511088024&u=https%3A%2F%2Fwww.securitas.com&a=www.securitas.com)\n \n\nTo follow the audio cast of the telephone conference via the web, please\nfollow the link\nwww.securitas.com/en/investors/financial-reports-and-presentations/\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805080-1&h=1500892860&u=https%3A%2F%2Fwww.securitas.com%2Fen%2Finvestors%2Ffinancial-reports-and-presentations%2F&a=www.securitas.com%2Fen%2Finvestors%2Ffinancial-reports-and-presentations%2F)\n \n\nA recorded version of the audio cast will be available at\nwww.securitas.com/en/investors/financial-reports-and-presentations/\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805080-1&h=1500892860&u=https%3A%2F%2Fwww.securitas.com%2Fen%2Finvestors%2Ffinancial-reports-and-presentations%2F&a=www.securitas.com%2Fen%2Finvestors%2Ffinancial-reports-and-presentations%2F)\nafter the ­telephone conference.\n\nFor further information, please contact: Micaela Sjökvist, Vice President,\nInvestor Relations +46 76 116 7443\n\nABOUT SECURITAS\n\nSecuritas is a world-leading safety and security solutions partner that helps\nmake your world a safer place. Nine decades of deep experience means we see\nwhat others miss. By leveraging technology in partnership with our clients,\n­combined with an innovative, holistic approach, we're transforming the\nsecurity ­industry. With approximately 322 000 employees in 44 markets, we\nsee a ­different world and ­create sustainable value for our clients by\nprotecting what matters most – their people and assets.\n\nGroup financial targets\n\nSecuritas has the following financial targets:\n\n * Average annual earnings per share growth of 10 percent over a business cycle,\nexcluding items affecting comparability and adjusted for changes in exchange\nrates, with a >10 percent operating margin ambition long-term\n * Operating cash flow of 80–90 percent of operating income before amortization\n * Net debt to EBITDA below 2.5x\n * Dividend policy of 50–60 percent of annual net income over a business cycle,\nwith excess capital returned to shareholders once stra-tegic growth priorities\nare met\nSecuritas AB (publ.)\nP.O. Box 12307, SE-102 28 Stockholm, Sweden\n\nVisiting address:\nLindhagensplan 70\nTelephone: +46 10 470 30 00\nCorporate registration number: 556302-7241\nwww.securitas.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805080-1&h=2511088024&u=https%3A%2F%2Fwww.securitas.com&a=www.securitas.com)\n \n\nThis is information that Securitas AB is obliged to make public pursuant to\nthe EU Market Abuse Regulation.\nThe information was submitted for publication, through the agency of the\ncontact person set out above, at 8.00 a.m. (CEST) on Friday, October 23, 2026.\n\nThis information was brought to you by Cision http://news.cision.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805080-1&h=1365534322&u=http%3A%2F%2Fnews.cision.com%2F&a=http%3A%2F%2Fnews.cision.com)\n\nhttps://news.cision.com/securitas/r/securitas-ab-interim-report-q3-2026---january-september,c4414086\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805080-1&h=263348747&u=https%3A%2F%2Fnews.cision.com%2Fsecuritas%2Fr%2Fsecuritas-ab-interim-report-q3-2026---january-september%2Cc4414086&a=https%3A%2F%2Fnews.cision.com%2Fsecuritas%2Fr%2Fsecuritas-ab-interim-report-q3-2026---january-september%2Cc4414086)\n\nThe following files are available for download:\n https://mb.cision.com/Main/1062/4414086/4334739.pdf                                                                                                                                                                                   Q32026_eng_final\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805080-1&h=1524970368&u=https%3A%2F%2Fmb.cision.com%2FMain%2F1062%2F4414086%2F4334739.pdf&a=https%3A%2F%2Fmb.cision.com%2FMain%2F1062%2F4414086%2F4334739.pdf)\n\n \n\nView original\ncontent:https://www.prnewswire.com/news-releases/securitas-ab-interim-report-q3-2026--januaryseptember-302917855.html\n(https://www.prnewswire.com/news-releases/securitas-ab-interim-report-q3-2026--januaryseptember-302917855.html)\n\nSOURCE Securitas\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-10-23T06:29:52.854974122Z","server_sent_at_ms":1792736992854},"received_at":"2026-10-23T06:29:52.913Z","source_url":"https://www.prnewswire.com/news-releases/securitas-ab-interim-report-q3-2026--januaryseptember-302917855.html"},"analysis":{"id":"166010","press_release_id":"178081","analysis_json":{"industry":{"label":"Commercial Services & Supplies","sector":"Industrials"},"redFlags":["unadjusted organic sales growth was 0%","airport security weakness weighed on European margins","cash conversion fell to 82% from 106% in the quarter","cautious demand and longer decision cycles in certain client segments"],"eventType":"earnings","narrative":"Securitas reported Q3 2026 sales of MSEK 38,566, essentially flat year-over-year, with organic growth of 0% or 3% adjusted for the SCIS government business wind-down.\n\nQ3 EPS before items affecting comparability was SEK 3.28 vs SEK 3.34 a year ago, and the adjusted operating margin ticked down to 8.2% from 8.3%, with the European airport business dragging the group margin by 0.2 points.\n\nPositives include 6% real sales growth in technology and solutions, record-high installation order intake in North America and Ibero-America, nine-month EPS up 6%, and net debt/EBITDA improving to 2.1x.","sentiment":"mixed","agentHooks":{"shouldPost":true,"suggestedAngle":"Flat headline growth masks a technology-led mix shift -- record installation order intake offsets European airport softness."},"keyFigures":{"eps":"SEK 3.68","revenue":"MSEK 38566","revenueYoy":"0.1%","customDimensions":{"eps_before_iac":"SEK 3.28 (3.34 prior year)","nine_month_eps":"SEK 9.36 (5.95)","cash_conversion":"82% (106%)","net_debt_ebitda":"2.1x (2.2x)","nine_month_sales":"MSEK 112620 (116691)","operating_margin":"8.2% (8.1%)","organic_sales_growth":"0% (3% adjusted)","adjusted_operating_margin":"8.2% (8.3%)","technology_share_of_revenue":"35% (33%)","operating_income_before_amortization":"MSEK 3161 (3107)"}},"quotedText":"Solid performance supported by technology momentum","namedEntities":{"people":[{"name":"Magnus Ahlqvist","role":"President and CEO"},{"name":"Matteo Dall'Ora","role":"CFO"},{"name":"Micaela Sjökvist","role":"Vice President, Investor Relations"}],"products":["SCIS government business (being closed down)"],"companies":[{"name":"Securitas AB","ticker":"SECUB","relationship":"filer"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"Quarterly earnings report for a large-cap issuer: organic growth of 0% (3% adjusted), flat-to-slightly-down EPS ex-IAC (SEK 3.28 vs 3.34), but 9M EPS up 6% and technology momentum with record installation order intake in North America. Balanced results, no major surprise."},"tickerRelevance":{"others":[],"primary":"SECUB"},"globalImportance":35,"audienceRelevance":30,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large-cap foreign issuer (ADR)","eventGravity":"routine quarterly earnings, mixed quarter","sectorWeight":"security services, moderate retail interest","householdBrandBoost":"established global brand but low US retail following"}},"event_type":"earnings","event_type_secondary":null,"sentiment":"mixed","material_impact_score":3,"narrative":"Securitas reported Q3 2026 sales of MSEK 38,566, essentially flat year-over-year, with organic growth of 0% or 3% adjusted for the SCIS government business wind-down.\n\nQ3 EPS before items affecting comparability was SEK 3.28 vs SEK 3.34 a year ago, and the adjusted operating margin ticked down to 8.2% from 8.3%, with the European airport business dragging the group margin by 0.2 points.\n\nPositives include 6% real sales growth in technology and solutions, record-high installation order intake in North America and Ibero-America, nine-month EPS up 6%, and net debt/EBITDA improving to 2.1x.","key_figures":{"eps":"SEK 3.68","revenue":"MSEK 38566","revenueYoy":"0.1%","customDimensions":{"eps_before_iac":"SEK 3.28 (3.34 prior year)","nine_month_eps":"SEK 9.36 (5.95)","cash_conversion":"82% (106%)","net_debt_ebitda":"2.1x (2.2x)","nine_month_sales":"MSEK 112620 (116691)","operating_margin":"8.2% (8.1%)","organic_sales_growth":"0% (3% adjusted)","adjusted_operating_margin":"8.2% (8.3%)","technology_share_of_revenue":"35% (33%)","operating_income_before_amortization":"MSEK 3161 (3107)"}},"named_entities":{"people":[{"name":"Magnus Ahlqvist","role":"President and CEO"},{"name":"Matteo Dall'Ora","role":"CFO"},{"name":"Micaela Sjökvist","role":"Vice President, Investor Relations"}],"products":["SCIS government business (being closed down)"],"companies":[{"name":"Securitas AB","ticker":"SECUB","relationship":"filer"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-23T06:30:19.832Z","global_importance":35,"audience_relevance":30,"importance_components":{"tickerTier":"large-cap foreign issuer (ADR)","eventGravity":"routine quarterly earnings, mixed quarter","sectorWeight":"security services, moderate retail interest","householdBrandBoost":"established global brand but low US retail following"}},"durationMs":26905,"modelName":"glm-5.3-flashx"}}