Sweden Herald - Latest Sweden News | Securitas' pre-tax profit rose 18 percent in the first quarter by Sweden Herald
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Security group Securitas reported that its first‑quarter pre‑tax profit rose 18 percent to SEK 2.1 billion, while revenues fell 9 percent to SEK 36.2 billion; the company also improved its adjusted operating margin to 7.0 percent from 6.7 percent, crediting “strong development in all segments” for the profitability boost, according to CEO Magnus Ahlqvist’s quarterly report.
Read more: https://swedenherald.com/article/securitas-pretax-profit-rose-18-percent-in-the-first-quarter
Sweden Herald - Latest Sweden News | Profit plummets for Hemnet - new payment model by Sweden Herald
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Hemnet, Sweden’s leading housing‑ad platform, saw its pre‑tax profit tumble to 48.3 million kronor in Q1 2026, down from 102.9 million kronor a year earlier, while net sales fell 25 % to SEK 247.2 million. CEO Jonas Gustafsson explained that the sharp decline stemmed from the rollout of a “Sell first, pay later” model, which shifts ad‑revenue recognition to the point of sale rather than publication, creating a timing effect that pushes revenue into future quarters rather than indicating a fundamental loss of sales.
Read more: https://swedenherald.com/article/profit-plummets-for-hemnet-new-payment-model
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