Loomis publishes full-year report for January – December 2020 and removes the operating margin target for 2021
Fourth quarter 2020Revenue for the fourth quarter amounted to SEK 4,537 million (5,342). Real growth was -7 percent (5), of which organic growth was -9 percent (1). Loomis operating income (EBITA)[1)] amounted to SEK 467 million (693) and the operating margin was 10.3 percent (13.0). Excluding Loomis Pay, the operating margin was 11.0 percent (13.0). Income before taxes amounted to SEK 203 million (552) and income after taxes was SEK 103 million (407). Earnings per share before and after dilution amounted to SEK 1.37 (5.42). Cash flow from operating activities[2)] amounted to