Loomis Interim Report January – March 2023
Strong start to the year with record revenuesLoomis reported record revenues with strong growth in all segments, supported by a double-digit organic growth. Higher volumes were the main driver but price increases also contributed to the organic growth. The operating profit (EBITA) increased to SEK 717 million (516), which is our highest operating profit for a first quarter. The operating margin (EBITA %) increased to 10.5 percent (9.2) and was positively impacted by increased volumes and price adjustments, but negatively by a higher cost base. Comments on quarter 1 · Revenue