Sweden-based security services provider Securitas AB's operating performance has shown resilience as a result of increase in the level of technology in their offering and ongoing focus on cost control. We anticipate that Securitas' core credit metrics will continue to strengthen, led by EBITDA and cash flow growth. We are therefore revising our outlook on Securitas to positive from stable and affirming our 'BBB' long-term corporate credit rating on the group. The positive outlook reflects our view that Securitas' operating efficiency measures will continue to support its profitability and credit metrics, which could lead to an upgrade within the next 12 months. On May 26, 2015, Standard&Poor's Ratings Services revised its outlook on Sweden-based security services provider Securitas
