Securitas continues strategy execution by launching business transformation in Europe and Ibero-America
The business transformation of Security Services Europe and Security Services Ibero-America targets an increase of the operating margin in the segments to around 6.5 percent and 6.0 percent respectively, upon completion in 2024. Items affecting comparability of approximately MSEK -1 400 and capital expenditure of approximately MSEK -1 100 are planned for the years 2021-2023.In 2019, Securitas launched two major transformation programs in the Group. The first program radically modernizes the global IS/IT foundation throughout the Group and the second program is driving a business