Loomis Full-Year Report January – December 2023
A record year with solid growth and strong cash flowLoomis delivered a record revenue in the fourth quarter with an organic growth of 6.3 percent. Both the US and Europe and Latin America contributed to the strong growth, and we substantially increased our recurring revenues. I am proud that we achieved revenues of SEK 28.7 billion in the full year with a 7.8 percent organic growth in line with our annual average growth target for the strategic period. The operating profit (EBITA) increased to SEK 794 million (754) for the quarter and SEK 3,077 million (2,735) for the full year.