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Interim Report Jan-Sep 2004.pdf - Securitas

Interim Report Jan-Sep 2004.pdf - Securitas

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The Focus<br />

5,000<br />

4,500<br />

4,000<br />

3,500<br />

3,000<br />

2,500<br />

2,000<br />

1,500<br />

1,000<br />

500<br />

Share of operating result, MSEK<br />

Security Services USA<br />

CHS<br />

Security Services Europe<br />

Direct<br />

Security Systems<br />

0<br />

1999 2000 2001 2002 2003 2004<br />

<strong>Interim</strong> <strong>Report</strong> <strong>Jan</strong>uary - <strong>Sep</strong>tember 2004 21<br />

Stable<br />

Improving<br />

❑ Continued improvements<br />

– Developed organization in<br />

Services Europe and Cash<br />

Handling Services<br />

– Fast expansion in Direct<br />

– Ongoing segmentation in Systems<br />

❑ Focus on growth and<br />

margins in Security Services<br />

USA<br />

Full year forecast 2004<br />

maintained:<br />

15-20 % increase in in<br />

PBT

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