Loomis reorganizes segment International
Since the acquisition of VIA MAT in 2014 Loomis has managed and reported its business in three separate segments; Europe, USA and International. In order to enhance future growth opportunities and create further cost synergies, segment International will no longer be a separate segment. The new organization will become effective January 1, 2019. As a result of the new organization, financial data for segment International will not be separately reported starting the first quarter 2019. International’s American operations will be included in segment USA and all other operations will be