Technology

Assessment Services Market to Surge from USD 9,505 Million in 2024 to USD 24,560.45 Million by 2032, Driven by a 12.60% CAGR and Technological Advancements | Credence Research Inc.

Published

2 years ago

January 13, 2025

PUNE, India, Jan. 13, 2025 /PRNewswire/ — Market Size Overview of Assessment Services

The Assessment Services Market is poised for remarkable growth, with its value projected to increase from USD 9,505 million in 2024 to an impressive USD 24,560.45 million by 2032, reflecting a robust compound annual growth rate (CAGR) of 12.60% during the forecast period. This growth is driven by the escalating demand for assessment tools across industries such as education, corporate, and government sectors. The rising emphasis on skill development, employee performance evaluations, and standardized testing in academic institutions has significantly contributed to the market’s expansion. Additionally, the integration of advanced technologies like artificial intelligence (AI) and data analytics into assessment platforms has enhanced their efficiency, making them increasingly popular among organizations aiming to streamline their evaluation processes.

The growing trend of online learning and remote work has further fueled the adoption of digital assessment services, offering scalability and flexibility. Organizations are leveraging these services to enhance recruitment processes, identify skill gaps, and ensure workforce readiness. Moreover, government initiatives promoting education and skill enhancement programs, particularly in emerging economies, are expected to bolster market growth. With the continuous evolution of assessment methodologies and the increasing need for precise and efficient evaluation tools, the market is anticipated to witness sustained demand in the coming years.

Preview the report with a detailed sample and understand how it can benefit your business strategy. Request a free sample today – https://www.credenceresearch.com/report/assessment-services-market

Assessment Services Market Drivers

Increasing Demand for Skill-Based Evaluations

Across industries, there’s a surging emphasis on skill development that’s propelling the Assessment Services Market into new realms. Organizations are embracing sophisticated assessment tools to identify skill gaps, refine recruitment processes, and evaluate employee performance with greater precision. This isn’t just about ticking boxes; it’s about crafting teams with the exact capabilities needed to innovate and excel.

The shift toward competency-based hiring and promotion is more than a passing trend—it’s a strategic imperative. Companies are moving beyond traditional credentials, focusing instead on the tangible abilities individuals bring to the table. Tech giants like Google and Amazon have famously adopted rigorous skill assessments in their hiring practices, ensuring candidates can meet the dynamic demands of their roles from day one.

In the education sector, the adoption of standardized testing and online assessments is accelerating as institutions strive to enhance learning outcomes and streamline admissions. By leveraging online platforms, universities can reach a global pool of applicants, evaluating them through adaptive tests that provide deeper insights into their true potential. It’s a move that not only broadens access but also personalizes the educational journey for each student.

Technological Advancements in Assessment Platforms

The integration of advanced technologies—artificial intelligence (AI), machine learning (ML), and data analytics—has revolutionized assessment services. These innovations enable the creation of adaptive tests that adjust in real-time to a participant’s performance, providing a more accurate measure of their abilities. Automated evaluations and instantaneous feedback mechanisms are enhancing accuracy and efficiency like never before.

The explosion of online learning and remote work has further accelerated the adoption of digital assessment platforms. Organizations and educational institutions are leveraging these tools to evaluate skills and competencies in a virtual environment. The scalability and flexibility offered by digital assessments make them an attractive solution for administering tests to large groups without the logistical challenges of traditional methods.

Moreover, these platforms are cost-effective, reducing the need for physical infrastructure and printed materials. They also offer the advantage of detailed analytics, allowing organizations to pinpoint specific areas where individuals or teams may need additional development. It’s not just about assessing—it’s about building pathways for continuous improvement.

Government Initiatives and Education Reforms

Around the world, governments are stepping up like never before to revolutionize education and skill development. They’re not just tweaking old systems—they’re investing substantial resources to reshape the entire landscape. According to UNESCO, global education expenditure accounts for about 4.5% of the world’s GDP, highlighting an unprecedented focus on nurturing human capital.

Take India, for instance. The ambitious Skill India initiative aims to equip over 400 million citizens with vital skills by 2022. With significant funding directed toward vocational training—reportedly around ₹17,000 crores (approximately $2.3 billion USD)—the country is striving to bridge the yawning skill gap that hampers economic growth. These efforts are anticipated to reduce unemployment rates, which stood at 7.2% in early 2023, according to the Centre for Monitoring Indian Economy (CMIE).

Similarly, China’s education reforms have seen massive investments. In 2020, China allocated over ¥5 trillion yuan (about $750 billion USD) to education, emphasizing the integration of technology into classrooms and assessment methods. This strategic move aims to prepare a workforce adept in modern technologies, aligning with China’s vision to be a global leader in innovation.

In Africa, nations like Kenya are increasing their education budgets significantly. Kenya’s government designated 26% of its total budget to education in 2021, one of the highest rates globally, focusing on implementing standardized testing and investing in teacher training to elevate educational outcomes. Such investments are not just numbers on a budget sheet—they represent a global commitment to reduce unemployment and prepare workforces for the challenges of the 21st century.

By promoting e-learning, vocational training, and standardized testing, these government initiatives are directly fueling growth in the assessment services market. The adoption of assessment tools in emerging economies has seen a growth rate of over 15% annually, as reported by the International Association for Educational Assessment (IAEA), underscoring the impact of these reforms.

Rising Adoption of Remote and Online Assessments

The digital revolution isn’t slowing down—in fact, it’s accelerating, especially in the realms of work and education. The global shift toward remote operations has catapulted the demand for virtual assessment services to new heights. According to a report by Global Market Insights, the e-learning market is projected to surpass $375 billion USD by 2026, a testament to the booming online education sector.

Organizations worldwide are harnessing these tools to break down geographical barriers, making evaluations more seamless and efficient. During the COVID-19 pandemic, over 90% of educational institutions in developed countries transitioned to online assessments, as reported by the OECD. In the United States alone, the use of online proctoring services surged by 500% between 2020 and 2021.

In the corporate sphere, a survey by Gartner found that 74% of companies plan to shift some of their employees to permanent remote work post-pandemic. With this change, the adoption of online assessment tools for recruitment and training has surged. Approximately 60% of organizations have increased their investment in virtual assessment tools in the past two years to ensure they can effectively evaluate a dispersed workforce.

The benefits are clear: online assessments reduce costs associated with physical testing centers by up to 50%, eliminate scheduling conflicts, and provide scalable solutions for large organizations. Moreover, they offer real-time analytics and immediate feedback, enhancing the overall efficiency of the evaluation process. They’re not just a convenience—they’re becoming a necessity in a connected world.

Assessment Services Market Restraints

Data Security and Privacy Concerns
One of the primary restraints impacting the growth of the Assessment Services Market is the increasing concern over data security and privacy. Assessment platforms collect and store large volumes of sensitive data, including personal information, test results, and organizational insights. The risk of data breaches, unauthorized access, and cyberattacks poses significant challenges for service providers. Stringent data protection regulations, such as GDPR and CCPA, require organizations to implement robust security measures, increasing operational costs and complexity.

Limited Technological Access in Emerging Economies
While the adoption of digital assessment tools is accelerating globally, many emerging economies face infrastructural and technological limitations that hinder market growth. Issues such as unreliable internet connectivity, lack of access to advanced devices, and inadequate digital literacy in remote areas restrict the widespread implementation of online assessment solutions. These barriers reduce the scalability of assessment services in regions where their potential for impact is high.

Preview the report with a detailed sample and understand how it can benefit your business strategy. Request a free sample today – https://www.credenceresearch.com/report/clean-label-starch-market https://www.credenceresearch.com/report/assessment-services-market

Growth Opportunities in the Assessment Services Market

Expansion of Digital Learning and E-Learning Platforms
The rapid growth of digital learning and e-learning platforms offers significant opportunities for the Assessment Services Market. With educational institutions and corporate training programs increasingly adopting online methods, there is a rising demand for scalable and efficient assessment solutions. Advanced tools that integrate with learning management systems (LMS) can enhance user engagement by offering personalized evaluations and adaptive testing. Emerging technologies like gamification and immersive assessments using virtual reality (VR) and augmented reality (AR) further expand possibilities for innovative and interactive assessment methods.

Growing Adoption in Corporate Training and Recruitment
The corporate sector presents lucrative growth opportunities as organizations prioritize employee skill development, performance evaluation, and talent acquisition. Assessment tools designed to identify competencies, enhance onboarding processes, and measure productivity are in high demand. Companies are leveraging psychometric tests, leadership assessments, and technical skill evaluations to align workforce capabilities with business objectives. Additionally, the increasing adoption of remote hiring practices has spurred the demand for virtual assessment platforms.

Rising Focus on Vocational Training and Certification Programs
The growing emphasis on vocational training and certification programs, especially in emerging economies, is driving the need for specialized assessment services. Governments and private organizations are launching initiatives to upskill the workforce and enhance employability, creating a demand for certification-oriented evaluations. Platforms offering industry-specific assessments and real-time analytics are particularly well-positioned to capture this growing market segment.

Regional Market Expansion and Customization
Emerging markets in Asia Pacific, Latin America, and Africa offer untapped potential for assessment services, driven by increasing investments in education and technology infrastructure. Tailored solutions addressing regional languages, cultural nuances, and local educational standards can significantly expand market reach. Furthermore, collaborations with regional governments, educational institutions, and enterprises provide opportunities to establish a strong foothold in these high-growth regions.

Assessment Services Market Segmentation Analysis

By Assessment Type
The Assessment Services Market is segmented into Aptitude Tests, Personality Tests, Skill Tests, Behavioural Assessments, Psychometric Assessments, Career Assessments, Leadership Assessments, and Others. Among these, aptitude and skill tests dominate due to their widespread use in recruitment and training programs. Psychometric and behavioral assessments are gaining traction for their ability to evaluate emotional intelligence and leadership potential, especially in corporate and academic settings. Career assessments, tailored to guide individuals in selecting suitable career paths, are becoming popular in education and vocational training sectors.

By Industry Vertical
Based on industry verticals, the market encompasses Information Technology (IT), Healthcare and Life Sciences, Banking, Financial Services, and Insurance (BFSI), Manufacturing, Retail, Education, Government and Public Sector, and Others. The IT and BFSI sectors are key contributors due to their reliance on robust hiring and skill evaluation processes. Education remains a prominent segment, driven by the adoption of standardized testing and digital assessments in schools and universities. The government and public sector also show significant adoption, particularly in workforce evaluations and skill certification programs.

By Organization Size
The market is categorized into Small and Medium-sized Enterprises (SMEs) and Large Enterprises. Large enterprises lead the adoption of assessment services due to their extensive hiring, training, and performance evaluation requirements. However, SMEs are rapidly integrating cost-effective and scalable online assessment platforms to enhance recruitment efficiency and employee development, contributing to steady market growth in this segment.

By Delivery Mode
Assessment services are delivered through Online Assessment Platforms, In-person Assessments, and Blended (Online and In-person) modes. Online platforms dominate the market owing to their scalability, flexibility, and real-time analytics capabilities. The blended mode is also growing in popularity, combining the advantages of digital tools with personalized in-person evaluations, particularly in leadership and behavioral assessments. In-person assessments continue to be relevant for high-stakes testing and specialized evaluations.

Segmentation of Global Assessment Services Market-

Segmentations:

By Assessment Type:

Aptitude TestsPersonality TestsSkill TestsBehavioural AssessmentsPsychometric AssessmentsCareer AssessmentsLeadership AssessmentsOthers

By Industry Vertical:

Information Technology (IT)Healthcare and Life SciencesBanking, Financial Services, and Insurance (BFSI)ManufacturingRetailEducationGovernment and Public SectorOthers

By Organization Size:

Small and Medium-sized Enterprises (SMEs)Large Enterprises

By Delivery Mode:

Online Assessment PlatformsIn-person AssessmentsBlended (Online and In-person)

By Region:

North AmericaU.S.CanadaMexicoEuropeGermanyFranceU.K.ItalySpainRest of EuropeAsia PacificChinaJapanIndiaSouth KoreaSouth-east AsiaRest of Asia PacificLatin AmericaBrazilArgentinaRest of Latin AmericaMiddle East & AfricaGCC CountriesSouth AfricaRest of the Middle East and Africa

Tailor the report to align with your specific business needs and gain targeted insights. Request customization now- https://www.credenceresearch.com/report/clean-label-starch-market https://www.credenceresearch.com/report/assessment-services-market

Regional Analysis of Assessment Services Market

North America
North America holds a dominant position in the Assessment Services Market, driven by the widespread adoption of advanced evaluation tools across industries. The region benefits from a well-established IT infrastructure and a high demand for online assessments in corporate training, recruitment, and education. The United States, being a global hub for technological innovation, leads the market with its focus on digital transformation in learning and talent management. Government initiatives promoting standardized testing and workforce upskilling further contribute to market growth.

Europe
Europe is a significant market for assessment services, with robust demand from education and corporate sectors. Countries like the United Kingdom, Germany, and France are at the forefront due to their emphasis on vocational training and leadership development programs. The region’s regulatory focus on data security and privacy has led to the adoption of secure, compliant assessment platforms. Additionally, the growing adoption of psychometric and behavioral assessments in recruitment processes is fueling market expansion.

Asia Pacific
The Asia Pacific region is experiencing rapid growth in the Assessment Services Market, primarily driven by emerging economies like China, India, and Southeast Asian countries. A burgeoning population, increasing investments in education, and government-led skill development programs are key factors propelling demand. The corporate sector in this region is increasingly leveraging online assessment tools to address the challenges of large-scale recruitment and training needs, making it a high-potential market.

Latin America
Latin America is steadily adopting assessment services, supported by the growing emphasis on education reforms and workforce development programs. Countries like Brazil and Mexico are key contributors, with increasing adoption of online platforms in schools, universities, and organizations. The market faces challenges due to limited technological access in some areas but shows promise as infrastructure improves.

Middle East and Africa
The Middle East and Africa region is witnessing gradual growth in the adoption of assessment services, with a focus on education and government-led initiatives. Investments in digital education and vocational training programs in Gulf Cooperation Council (GCC) countries are creating opportunities for market expansion. However, infrastructural limitations and resistance to digital transformation in certain areas pose challenges to widespread adoption.

Top Companies –

Aon Assessment SolutionsHogan AssessmentsPearson VUEIBM CorporationMercer MettlTalogy (formerly PSI Services)SHLThomson PrometricKorn FerryTeamLease

Latest Developments:

October 2024: Aon launched its DeCode™ platform, a comprehensive online talent assessment tool tailored for junior to middle management roles. This platform is designed to assess employees’ capabilities in managing resources and leading teams effectively. It emphasizes a robust set of tools for career movement and leadership development, aiming to enhance organizational performance through targeted assessments.

August 2024: Hogan introduced the Hogan Judgement Assessment (JUD), which evaluates candidates’ judgment and leadership potential by integrating elements from existing assessments. This new tool aims to provide deeper insights into candidates’ cognitive abilities and personality traits under pressure.

July 2024: Pearson VUE opened a new test center in Nairobi, Kenya, expanding its global footprint. This center will facilitate high-stakes examinations like the NCLEX-RN, addressing regional healthcare certification needs and enhancing access for candidates in East Africa.

October 2024: Pearson VUE partnered with Claris International Inc. to deliver enhanced certification exams for IT professionals using the Claris FileMaker platform. This partnership aims to streamline certification processes and improve accessibility through Pearson VUE’s extensive test center network.

January 2024: Mercer Mettl launched an AI-based Spoken English Evaluation Tool named SpeechX. This tool utilizes advanced speech recognition technology to assess English proficiency, enhancing their assessment offerings for educational institutions and corporate clients alike.

October 2024: Talogy appointed Russ Becker as the new CEO, aiming to drive growth and innovation in talent management solutions. This leadership change is part of a strategic initiative to enhance their market position and expand their service offerings globally.

Reasons to Purchase this Report:

Gain a comprehensive understanding of the market through qualitative and quantitative analyses, considering both economic and non-economic factors, with segmentation and sub-segmentation details provided in terms of market value (USD Billion).Identify regions and segments expected to experience the fastest growth or dominate the market, with a detailed analysis of geographic consumption patterns and the factors driving or hindering market performance in each region.Stay informed about the competitive environment, with rankings of major players, recent product and service launches, partnerships, business expansions, and acquisitions from the past five years.Access detailed profiles of major market players, including company overviews, insights, product benchmarking, and SWOT analysis, to understand competitive advantages and market positioning.Explore the present and forecasted market landscape, with insights into growth opportunities, market drivers, challenges, and constraints for both developed and emerging regions.Benefit from Porter’s Five Forces analysis and Value Chain insights to evaluate various market perspectives and competitive dynamics.Understand the evolving market scenario, including potential growth opportunities and trends expected in the coming years.

Preview the report with a detailed sample and understand how it can benefit your business strategy. Request a free sample today – https://www.credenceresearch.com/report/assessment-services-market

Discover additional reports tailored to your industry needs

Cognitive Assessment and Training Market – https://www.credenceresearch.com/report/cognitive-assessment-and-training-market

Electronic Clinical Outcome Assessment (eCOA) Market – https://www.credenceresearch.com/report/electronic-clinical-outcome-assessment-ecoa-market

Credit Risk Assessment Market – https://www.credenceresearch.com/report/credit-risk-assessment-market

Personality Assessment Solution Market – https://www.credenceresearch.com/report/personality-assessment-solution-market

Cognitive Assessment And Training In Healthcare Market – https://www.credenceresearch.com/report/cognitive-assessment-and-training-in-healthcare-market

Alternative Lending Platform Market – https://www.credenceresearch.com/report/alternative-lending-platform-market

Education And Learning Analytics Market- https://www.credenceresearch.com/report/education-and-learning-analytics-market

3D Secure Payment Authentication Market- https://www.credenceresearch.com/report/3d-secure-payment-authentication-market

Follow Us:
https://www.linkedin.com/company/credenceresearch/
https://x.com/CredenceResearc
https://www.facebook.com/CredenceResearch
MRAAS Consulting – https://www.mraasconsulting.com/

About Us:

Credence Research is a viable intelligence and market research platform that provides quantitative B2B research to more than 2000 clients worldwide and is built on the Give principle. The company is a market research and consulting firm serving governments, non-legislative associations, non-profit organizations, and various organizations worldwide. We help our clients improve their execution in a lasting way and understand their most imperative objectives.

Contact Us
Mitul Dean
Tower C-1105 , S 25, Akash Tower,
Vishal Nahar, Pimple Nilakh, Haveli,
Pune – 411027, India
sales@credenceresearch.com
www.credenceresearch.com

Logo: https://mma.prnewswire.com/media/2562161/Credence_Research_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/assessment-services-market-to-surge-from-usd-9-505-million-in-2024-to-usd-24-560-45-million-by-2032–driven-by-a-12-60-cagr-and-technological-advancements–credence-research-inc-302349599.html

SOURCE Credence Research Inc.

Technology

VibeBeats Launches AI-Powered Music Streaming Service for Businesses globally

Published

42 minutes ago

July 24, 2026

Vibebeats AI gives cafés, gyms, retailers, bars and hotels fully licensed, AI-curated streaming music for business from any phone, tablet or browser — no hardware, no lock-in contracts, no licensing paperwork — from A$29 a month with a 7-day free trial.

BRISBANE, Australia, July 24, 2026 /PRNewswire-PRWeb/ — VibeBeats Launches AI-Powered Music Streaming Service for Businesses globally

VibeBeats gives venues fully licensed, AI-curated Music at a fraction of the cost — one app, one licence, one platform.

Most venues playing music through consumer apps are doing it on the wrong licence. VibeBeats, an Australian-built, AI-powered streaming music for business platform, has launched across Australia and worldwide to fix that — turning any phone, tablet or browser into a fully licensed venue sound system in under five minutes. One agreement covers commercial performance rights across OneMusic and APRA AMCOS in Australia, and ASCAP, BMI, PRS and other rights bodies internationally — the same platform serving a café in Melbourne or a gym in London.

The “Spotify for business” that actually exists

Every month, thousands of venue owners worldwide search for “Spotify for business” — a product that doesn’t exist. Consumer streaming accounts are licensed for personal use only, leaving businesses that play them exposed under copyright law in Australia and virtually every other market. VibeBeats fills that gap: a business music streaming service where the commercial music rights are handled under one agreement — no separate music licence for business paperwork to manage.

“The number one thing we see is venue owners assuming it’s fine to play their personal Spotify account in the café — most don’t realise a licence fee even applies,” said Damien King, founder of VibeBeats. “It’s not bad intent. Licensing is complex, and when you’re running a small business there are a hundred competing priorities. VibeBeats solves it with one app, one licence, one platform.”

What VibeBeats delivers

Fully Licensed for Commercial Use — one agreement covers the rights that would otherwise involve OneMusic, APRA AMCOS, ASCAP, BMI, PRS and more.No Hardware Required — any phone, tablet or browser becomes the venue sound system — set up in under five minutes.AI-Curated Background Music for Business — stations matched to venue type and time of day, from morning coffee trade to peak gym floor to late-night bar.Smart Scheduling — playlists by daypart, with music that keeps running through connection drops.Multi-Venue Dashboard — manage every location from a single account.Simple Pricing — from A$29 per month per venue with a 7-day free trial — no lock-in contracts.

Pricing and availability

VibeBeats is available now from $29AUD/$20US per month per venue, and globally, with a 7-day free trial at vibebeats.ai. Purpose-built stations are available for cafés, gyms, retail and in-store environments, bars and hotels.

About VibeBeats

VibeBeats is an AI-powered commercial music streaming platform for businesses, offering direct-licensed music for cafés, restaurants, bars, retail stores, gyms and hotels. One agreement covers commercial performance rights that would otherwise involve PROs, OneMusic, APRA AMCOS, ASCAP, BMI, PRS and more. Australian-built and available globally, VibeBeats AI streams to any device with no proprietary hardware required. Learn more at vibebeats.ai.

VibeBeats is not affiliated with Spotify.

Media Contact

Damien King, Vibebeats AI, 61 0408009067, hello@vibebeats.ai, https://vibebeats.ai

View original content:https://www.prweb.com/releases/vibebeats-launches-ai-powered-music-streaming-service-for-businesses-globally-302832010.html

SOURCE Vibebeats AI

Technology

Inside information: Valmet initiates a strategic review to evaluate a potential separation of its two segments

Published

42 minutes ago

July 24, 2026

Valmet Oyj’s stock exchange release (inside information) on July 24, 2026 at 9.01a.m. EEST

ESPOO, Finland, July 24, 2026 /PRNewswire/ — The Board of Directors of Valmet Oyj (“Valmet” or the “Company”) has decided to initiate a strategic review to evaluate a potential separation of its two core businesses, Biomaterial Solutions and Services, and Process Performance Solutions, into two standalone publicly listed companies. The review will focus on assessing whether a separation of the two businesses and their operation as separately listed companies on Nasdaq Helsinki would create additional value for shareholders compared with the current combined structure.

Both Valmet’s core businesses report as separate segments and they have grown into large, mostly independent profitable businesses, each with strong market positions and scale that allow them to succeed independently. With the recent completion of the Severn acquisition taking Process Performance Solutions to approximately EUR 1.7 billion in annual net sales and the renewed operating model now firmly in place, the Board believes this is the right time to assess whether a separation would unlock shareholder value by enabling each business to better realise its full potential.

The Board also notes that the two core businesses operate relatively independently as they serve mainly different customer industries, exhibit distinct business drivers, and have different capital allocation profiles. Biomaterial Solutions and Services is a global technology and lifecycle services business focused on the pulp, board, paper, tissue and energy industries, where its competitive advantage is anchored in a vast installed base, advanced technology, global presence, strong customer references and global services penetration. Process Performance Solutions is a mission-critical automation and flow control business serving a diversified set of industries. Over the past decade, it has evolved from a business primarily focused on pulp and paper into a diversified industrial platform, with close to 70 percent of net sales generated from other industries today.

Based on the Board’s initial assessment, a separation would allow each business to pursue sustainable profitable growth opportunities more independently and efficiently, with the potential for sharper management focus, greater agility, more tailored capital allocation, and more flexible access to external capital to support both organic and inorganic growth. The Board will also assess whether, if implemented, a separation would improve transparency, simplify governance, and allow capital markets to better recognize the full value of both businesses.

Pekka Vauramo, Chair of the Board, said:
“The Board continuously evaluates how to create the greatest long-term value for Valmet’s shareholders. Today, Valmet consists of two strong businesses with distinct markets, growth opportunities and capital allocation needs. Through this review, we will assess whether they can create more value as independent companies than they can together. We will only proceed with a separation if we conclude after detailed analysis that separation is clearly in the best interests of our shareholders.”

Thomas Hinnerskov, President and CEO of Valmet, said:
“Both of our businesses are well positioned, with strong customer relationships and market positions, as well as talented employees. The review reflects the strength and maturity of both businesses, which we have built through strong execution, organic growth and strategic investments into sizeable and successful operations with the scale, capabilities and opportunities to create further value both together and, potentially, as independent companies. This review does not change our commitment to our customers or our strategy. It is a priority for us to preserve the strength of our full offering and the value our customers gain from services, automation and technology working together. Throughout the process, our focus remains on serving our customers and delivering value for their success.”

Although the strategic review has been initiated, there is no guarantee that the review will result in any transaction, including a separation. The Board will only execute or recommend changes to the Group’s structure if clear evidence of enhanced shareholder value creation can be attained. Valmet will provide an update on the review latest in connection with the publication of its full-year 2026 results.

Further information, please contact:

For investors: Pekka Rouhiainen, VP, Investor Relations, Valmet, tel. +358 10 672 0020

For media: Valmet Communications, media@valmet.com

VALMET

Katri Hokkanen
CFO

Pekka Rouhiainen
VP, Investor Relations

DISTRIBUTION:
Nasdaq Helsinki
Major media
www.valmet.com

Valmet is a global technology leader in serving process industries. We work with our customers throughout the lifecycle, delivering cutting-edge technologies and services, as well as mission-critical automation and flow control solutions. Backed by more than 225 years of industrial experience and a global team of 18,500 professionals close to customers, we are uniquely positioned to transform industries toward a regenerative tomorrow.

In 2025, Valmet’s net sales totaled approximately EUR 5.2 billion. Our head office is in Espoo, Finland, and we have experts in approximately 40 countries around the world. Valmet’s shares are listed on Nasdaq Helsinki.

Processing of personal data

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/valmet-oyj/r/inside-information–valmet-initiates-a-strategic-review-to-evaluate-a-potential-separation-of-its-tw,c4377335

View original content:https://www.prnewswire.co.uk/news-releases/inside-information-valmet-initiates-a-strategic-review-to-evaluate-a-potential-separation-of-its-two-segments-302833985.html

Technology

Securitas AB Interim Report Q2 2026 | January-June

Published

42 minutes ago

July 24, 2026

STOCKHOLM, July 24, 2026 /PRNewswire/ —

APRIL–JUNE 2026

Total sales MSEK 37 843 (38 564)Organic sales growth 0 percent (5)Adjusted organic sales growth, 3 percent*Real sales growth within technology and solutions 5 percent (4)Operating income before amortization MSEK 2 824 (2 798)Operating margin 7.5 percent (7.3)Adjusted operating margin, 7.6 percent (7.5)*Items affecting comparability (IAC) MSEK –46 (–166) Earnings per share, SEK 2.88 (2.56)Earnings per share before IAC, SEK 2.94 (2.79)Cash flow from operating activities 87 percent (106)

JANUARY–JUNE 2026

Total sales MSEK 74 054 (78 170)Organic sales growth 0 percent (4)Adjusted organic sales growth, 2 percent*Real sales growth within technology and solutions 4 percent (5)Operating income before amortization MSEK 5 283 (5 323)Operating margin 7.1 percent (6.8)Adjusted operating margin, 7.3 percent (7.1)*Items affecting comparability (IAC) MSEK 138 (–243) whereof MSEK 213 (–5) related to divestitures Earnings per share, SEK 5.68 (4.86)Earnings per share before IAC, SEK 5.40 (5.15)Cash flow from operating activities 65 percent (56)Net debt/EBITDA ratio 2.2 (2.4)

*A new key ratio, operating margin adjusted for the government business within SCIS in the process of being closed down, was added as of the second quarter 2025. A new key ratio, organic sales growth adjusted for the same business, was added as of the third quarter 2025. Refer to note 5 for further information.

Comments from the President and CEO

“Continued profitability improvement”

Organic sales growth in the second quarter, adjusted for the close-down of the SCIS government business, was 3 percent. Organic sales growth in North America was supported by both the Guarding and Technology business units, while active portfolio management had a hampering effect on organic sales growth in Europe.

Real sales growth in technology and solutions reached 5 percent in the second quarter, supported by good performance in Technology in North America. Commercial activity remained healthy in the global technology business with strong growth in installation order intake and backlog.

We execute on our strategy with the share of technology and solutions increasing across all segments but we are not fully satisfied with the overall growth. We have built a strong and differentiated technology-led offering and we are intensifying our efforts to commercialize the capabilities we have built.

We delivered an improved adjusted operating margin in the second quarter, reaching 7.6 percent (7.5), driven by both the technology and solutions and the security services business lines. Operating income increased 3 percent and earnings per share 7 percent. For the first six months earnings per share increased 11 percent.

Cash generation was good, corresponding to 87 percent (106) of operating income in the quarter, and 65 percent (56) for the first six months of the year. The net debt to EBITDA ratio was 2.2 (2.4).

THE TRUSTED PARTNER IN INTELLIGENCE-LED SECURITY

Our recently announced 2030 strategy positions Securitas as the trusted partner in intelligence-led security, combining global presence and deep security expertise with advanced data, analytics and technology. By leveraging actionable risk intelligence and a more consultative approach, we aim to move further up the value chain, delivering proactive, insight-driven security and strengthening our role as a strategic advisor to clients. In an increasingly complex risk environment, growing demand for professional security services supports our continued growth and competitive position.

The close-down of the SCIS government business is progressing according to plan and is expected to be concluded by year-end. As no further activities remain, the strategic assessment program was concluded in the second quarter of 2026.

The shift toward technology and solutions continues to drive profitability improvements. We are also strengthening the performance of our security services business and, as of the second quarter of 2026, have completed portfolio management actions related to underperforming contracts in Europe. Going forward, portfolio optimization will continue as part of normal business operations, with a sustained focus on contract profitability.

CREATING LONG-TERM SHAREHOLDER VALUE

In conjunction with the launch of our strategy, we have updated the Group’s financial targets for the period through 2030. The revised targets include a new headline target of achieving 10 percent average annual earnings per share growth over a business cycle, alongside targets for cash flow, leverage and dividend policy. With a strong focus on quality and innovation, we are accelerating our transformation and remain confident in our ability to deliver sustainable earnings growth and create long-term shareholder value.

Magnus Ahlqvist
President and CEO

PRESENTATION OF THE INTERIM REPORT

Analysts and media are invited to participate in a telephone conference on July 24, 2026, at 9.30 a.m. (CEST) where President and CEO Magnus Ahlqvist and CFO Matteo Dall’Ora will present the report and answer questions. The telephone conference will also be audio cast live via Securitas’ website www.securitas.com

To follow the audio cast of the telephone conference via the web, please follow the link
www.securitas.com/en/investors/financial-reports-and-presentations/

A recorded version of the audio cast will be available at www.securitas.com/en/investors/financial-reports-and-presentations/
after the telephone conference.

For further information, please contact:
Micaela Sjökvist, Vice President, Investor Relations +46 76 116 7443

ABOUT SECURITAS

Securitas is a world-leading safety and security solutions partner that helps make your world a safer place. Nine decades of deep experience means we see what others miss. By leveraging technology in partnership with our clients, combined with an innovative, holistic approach, we’re transforming the security industry. With approximately 322 000 employees in 44 markets, we see a different world and create sustainable value for our clients by protecting what matters most – their people and assets.

Group financial targets

Securitas has the following financial targets:

Average annual earnings per share growth of 10 percent over a business cycle, excluding items affecting comparability and adjusted for changes in exchange rates, with a >10 percent operating margin ambition long-termOperating cash flow of 80–90 percent of operating income before amortizationNet debt to EBITDA below 2.5xDividend policy of 50–60 percent of annual net income over a business cycle, with excess capital returned to shareholders once stra-tegic growth priorities are met

Securitas AB (publ.)
P.O. Box 12307, SE-102 28 Stockholm, Sweden
Visiting address:
Lindhagensplan 70
Telephone: +46 10 470 30 00
Corporate registration number: 556302-7241

www.securitas.com

This is information that Securitas AB is obliged to make public pursuant to the EU Market Abuse Regulation.
The information was submitted for publication, through the agency of the contact person set out above,
at 8.00 a.m. (CEST) on Friday, July 24, 2026.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/securitas/r/securitas-ab-interim-report-q2-2026—january-june,c4377189

The following files are available for download:

https://mb.cision.com/Main/1062/4377189/4201680.pdf

Q22026_eng_final

View original content:https://www.prnewswire.co.uk/news-releases/securitas-ab-interim-report-q2-2026–januaryjune-302833993.html