Securitas Targets 10% EPS Growth and Strong Margins by 2030 in New Strategy
Securitas Unveils Ambitious 2030 Financial Strategy
June 15 (Reuters) - Sweden's Securitas, one of the world's largest security services providers, on Monday set new long-term financial targets as part of its 2030 strategy, aiming for average annual earnings-per-share (EPS) growth of 10% over the business cycle.
Key Financial Targets
Operating Margin and Cash Flow Goals
• The company targets an operating margin above 10%
• It targets operating cash flow of 80%–90% of operating income before amortisation.
Debt and Dividend Policies
• Net debt to EBITDA ratio is to remain below 2.5.
• The group sets a dividend policy of 50%–60% of annual net income over a business cycle, with excess capital to be returned to shareholders once growth priorities are met.
Additional Information
(Reporting by Anna Peverieri in Barcelona;Editing by Tomasz Janowski)
