Securitas AB second-quarter net income rises to 1.47 billion kronor

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Securitas AB reported that second quarter net income increased to 1.47 billion Swedish kronor from 1.31 billion kronor a year earlier. Earnings per share rose to 2.56 kronor from 2.28 kronor, while operating income before amortization was flat at 2.80 billion kronor. Total sales declined to 38.56 billion kronor from 40.64 billion kronor, though organic sales growth reached 5 percent.

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Securitas AB ser. B
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Net income and EPS rose year-over-year, indicating improved profitability.