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via finance.yahoo.comBusiness & Companies

Securitas reports Q3 margin progress below expectations

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Securitas AB (ST:SECUb) on Friday reported third-quarter results on Friday that showed stable growth but weaker-than-expected margin improvement and cash flow performance. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishQuarterly results were stable on growth but weaker on margins and cash flow, possibly pressuring the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Securitas reported third-quarter results on Friday.
  2. 02Organic growth was 3%, below analyst estimates of 3.2%.
  3. 03Total revenue reached SEK38,566 million, about 1% above consensus.
  4. 04Organic growth in Europe was 2%, below the 3% consensus.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Securitas AB (publ)SECU-B.STStock155.70 SEK-0.32%today -5.52%Negative Securitas AB (publ)SCTBYStock16.06 USDMarket closedtoday -7.01%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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