SOURCE: Securitas

November 16, 2006 02:16 ET

Securitas AB - Interim Report January - September 2006

STOCKHOLM, SWEDEN -- (MARKET WIRE) -- November 16, 2006 --


* Securitas Direct AB and Securitas Systems AB were successfully listed on the Stockholm Stock Exchange on September 29, 2006. Third quarter results are published simultaneously with this report.

* Securitas Security Services (USA and Europe) continue to show strong organic sales growth of 6 percent and the previously weak trend in Europe has turned positive in the third quarter.

* The Cash Handling Services division has increased organic sales growth from 3 to 6 percent and operating margin is broadly maintained at a 7 percent level.


MSEK                  Q3 2006 Q3 2005 change   9M 2006 9M 2005 change

Sales                  15,369  14,976      3    45,343  42,763      6
Organic sales growth,       6       4                6       4
%

Operating      result     957     914      5     2,595   2,496      4
before  non-recurring
items
Operating margin, %       6.2     6.1              5.7     5.8
Real change, %              8       0                4       3

Income before tax and     805     770      4     2,150   2,068      4
non-recurring items
Real change, %              9       1                4       6

Income before tax         629     782    -20     1,542   2,109    -27

Net           income,     434     594    -27     1,063   1,602    -34
continuing operations
Net           income,      68     131    -48       339     357     -5
discontinued
operations
Net    income,    all     502     725    -31     1,402   1,959    -28
operations

Earnings  per  share,    1.52    1.56     -3      4.37    4.25      3
before  non-recurring
items (SEK)

Earnings  per  share,    1.17    1.61    -27      2.91    4.33    -33
continuing operations
(SEK)
Earnings  per  share,    0.18    0.35    -49      0.90    0.94     -4
discontinued
operations (SEK)
Earnings  per  share,    1.35    1.96    -31      3.81    5.27    -28
all operations (SEK)


Comments from the CEO, Thomas Berglund

"The Group has strong organic sales growth and stable development of the operational profitability. This has been achieved at the same time as we are creating three new listed companies, which demonstrates the strength of Securitas' organization".

For further information, please contact:

Thomas Berglund
President and CEO
+44 20 8432 6551

Håkan Winberg
Executive Vice President and CFO
+44 20 8432 6554

Henrik Brehmer
Investor Relations
+44 20 8432 6523, +44 7884 117 192
The full report including tables can be downloaded from the enclosed link.

Interim Report January - September 2006: http://hugin.info/1199/R/1088602/191165.pdf


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