The upgrade, announced Wednesday in Stockholm, underscores a period of strengthening for the Swedish security giant. By lowering its debt burden and meeting internal financial objectives, the company has successfully repositioned its balance sheet to satisfy the criteria for a higher investment-grade status. This shift signals to the market that Securitas has effectively navigated recent volatility, providing a more stable foundation for its ongoing international operations.
S&P Raises Credit Rating for Securitas AB to BBB+
Standard & Poor’s Global Ratings has upgraded Securitas AB’s long-term credit rating to BBB+ from BBB, citing the security firm’s improved leverage and robust operational performance. The agency maintained a stable outlook for the company, reflecting confidence in its revised financial targets and current fiscal trajectory.
Comments (0)
No comments yet. Be the first!