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In the corresponding period in 2008, the group posted a SEK439m net profit.
One of the main topics of interest for the analysts is the effect of the bankruptcy of US major General Motors (GM) on Securitas and the level of other customer-related losses.
The forecast of three of the polled analysts include one-off costs related to GM's bankruptcy, ranging from SEK20m to SEK100m. This corresponds to an average negative effect of SEK18.5m, based on the forecasts of all twelve analysts.
In early May, before GM went bankrupt on 1 June 2009, Securitas said that its receivables totalled between USD12m and USD15m. However, it is not clear whether this sum has affected the Swedish company's second-quarter results or will affect its results in the future, according to one of the analysts.
At the end of May, GM reduced its debt by paying the receivables of some of its suppliers but it is not certain whether Securitas was one of them.
The Swedish company's sales are expected to have risen to SEK16.246bn in the second quarter from SEK13.253bn a year earlier and its operating profit -- to SEK834m from SEK710m.
The analysts have on average forecast a 0.6% organic sales growth, which is considerably lower than the year-earlier 6%.
Four of the analysts gave a "buy"/"accumulate" rating on Securitas, six gave "hold" and two -- "sell"/"reduce". The average share price target on the stock is SEK70.33.
Securitas is due to release its second-quarter report at 08:00 CET on 7 August 2009.
(EUR1 = SEK10.3)
(EUR1 = USD1.4)
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