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Securitas: we’re growing faster than market

The multi-national security contractor Securitas says that it estimates that it’s growing faster than the security markets in Europe, the United States and Latin America.

Alf Göransson, pictured, President and Chief Executive Officer, said: “We believe that we can continue to grow the security solutions and technology sales at a high pace in the coming years, and to make it a substantial part of the Group’s total sales. In addition, the acquisition of the commercial contracts and operational assets of Diebold Incorporated’s Electronic Security business in North America is an important step on this journey and enables us to offer completely integrated security solutions to our customers in North America.”

In its report for January to December 2015, the firm pointed to its 7pc rise in organic sales growth in the last quarter of 2015, driven by Security Services Europe; which itself was driven by strong sales in Germany, Sweden and Turkey. The company’s client retention rate across the continent, where it has 117,000 employees and 900 branch managers, was 91 percent (compared with 93pc the year before and employee turnover was 28 percent (compared with 26pc the previous year).


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