Loomis signs agreement with HSBC
Cash handling company Loomis has entered an agreement with the British bank HSBC for management of the Bank’s remote ATMs across theUK. The contract success is the largest since Loomis’ market listing in December 2008 and when fully implemented, will make HSBC the largest customer of Loomis in theUK.
The agreement which became effective from August 1 includes management of HSBC’s remote ATM estate, including cash forecasting, replenishment and maintenance which will be performed in association with contract partner, NCR Corporation (NYSE: NCR).
‘This agreement means that we take total responsibility for the remote ATMs of HSBC in theUK. This is a tremendous step forward for Loomis in the UK and represents a vote of confidence from the market for our services’, says Lars Blecko, CEO of Loomis.
08.08.2011
About NCR Corporation
NCR Corporation (NYSE: NCR) is a global technology company leading how the world connects, interacts and transacts with business. NCR’s assisted- and self-service solutions and comprehensive support services address the needs of retail, financial, travel, healthcare, hospitality, entertainment, gaming, public sector, telecom carrier and equipment organizations in more than 100 countries. NCR (www.ncr.com) is headquartered inDuluth,Georgia.
Lars Blecko
President and CEO
Cell number: +46 70 641 49 10
Loomis offers safe and effective comprehensive solutions for the distribution, handling and recycling of cash for banks, retailers and other commercial companies via an international network consisting of more than 370 branch offices in 14 European countries and in the US. Loomis has 20 000 employees and a turnover of 11 billion Swedish kronor. Loomis is a midcap listed company on NASDAQ OMX Stockholm.
Loomis AB discloses the information provided herein pursuant to the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at . a.m. (CET) on August 8th, 2011.
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