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Securitas

Regulatory Filings Oct 17, 2012

2968_rns_2012-10-17_c14932d3-1086-45da-b641-f08a931b2aa1.pdf

Regulatory Filings

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October 17, 2012

Page 1 of 2 Securitas increases investment pace in technology and initiates
a cost-savings program
Securitas will take measures to enable better alignment with future customer
needs and expectations, and continues the company's journey with investments
in technology and enhanced technical capabilities.
The decisive factor in coming years will be a critical mass of knowledge and the ability to
create innovative solutions that provide greater benefits for customers in an increasingly
demanding security market.
Securitas AB (publ.)
P.O. Box 12307
S-102 28 Stockholm
Sweden
Visiting address /
Besöksadress
Lindhagensplan 70
Telephone / Telefon
+46 (0) 10 470 30 00
Facsimile / Telefax
+46 (0) 10 470 31 22
www.securitas.com
A cost-savings program has been initiated at Security Services North America and at
Security Services Europe. The Mobile and Monitoring divisions and the Security
Services Europe division will be merged to improve the coordination and speed of the
technology implementation.
The preparation and execution of these measures will be finalized during the fourth
quarter of 2012, by which time the final savings and restructuring costs also can be
determined.
The total annual savings are estimated at approximately MSEK 300, which are expected
to materialize in 2013. The savings are calculated as a net amount, after accounting for
further investments and additional resources to strengthen the technology capacity of
Securitas. Restructuring costs are currently estimated to approximately MSEK 360 and
will be recognized for in the fourth quarter of 2012.
Until further notice, the President and CEO of Securitas, Alf Göransson will assume
responsibility for the merger between the Security Services Europe division and the
Mobile and Monitoring divisions. Erik-Jan Jansen has been appointed COO, and Aimé
Lyagre CTO (Chief Technology Officer) of the new European division. Bart Adam has
been appointed CFO of Securitas AB.
Kim Svensson, previously Senior Vice President Corporate Finance, and Aimé Lyagre,
formerly the COO of Security Services Europe, will step down from Securitas' Group
Management. Kim Svensson has been appointed Regional President of Securitas China
and South East Asia.
Corp. ID no / Org.nr
556302–7241
Cont.

Further details concerning the initiated measures will be provided in Securitas Interim Report January – September 2012, which will be published on November 7, 2012.

This press release is also available at: www.securitas.com

Information:

Gisela Lindstrand, Senior Vice President Corporate Communications and Public Affairs, Securitas AB, phone +46 10 470 3011, mobile +46 70 287 8662, or email [email protected]

Page 2 of 2

Securitas is a global knowledge leader in security. From a broad range of services of specialized guarding, technology solutions and consulting and investigations, we customize offerings that are suited to the individual customer's needs, in order to deliver the most effective security solutions. Everywhere from small stores to airports, our 300,000 employees are making a difference.

Securitas AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.30 (CET) on October 17, 2012.

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