STOCKHOLM (Standard&Poor's) Feb. 9, 2007--Standard&Poor's Ratings Services said today that its ratings and outlook on Sweden-based security service company Securitas AB (BBB+/Stable/A-2) would not change following an announcement that the group made substantial provisions amounting to Swedish krona 2,060 million ($0.3 billion) in its year-end 2006 results. Although the provisions are likely to have a cash impact, this is not expected to significantly alter Securitas AB's financial profile. In addition, most of the provisions are within the group's cash handling business, which is expected to be separately listed and distributed to existing shareholders during 2007.
