Sweden's Securitas aims to double electronic security sales by 2023

STOCKHOLM (Reuters) - Sweden's Securitas <SECUb.ST>, the world's biggest security services group, said on Thursday it aimed to double its electronic services sales to about 40 billion crowns (3.3 billion pounds) by 2023.

The company said it had set a net debt to earnings before interest, tax, depreciation and amortisation (EBITDA) target of on average 2.5, which replaced a free cash flow to net debt target.

It reiterated an earnings per share growth target of 10% and introduced a cash flow target of 70% to 80% of operating income.

(Reporting by Anna Ringstrom; Editing by Edmund Blair)