Comment regarding allegation of involvement in money laundering in Denmark

During today’s AGM, a Danish journalist put forward allegations that Loomis had been providing cash to an exchange office in Denmark, which was used in an advanced money laundering scheme.

Loomis take any allegations on money laundering very seriously and Loomis has therefore immediately decided to launch an internal as well as an external investigation into the matter.

Loomis will of course fully cooperate with authorities in this matter.  

May 8, 2019                                            

Patrik Andersson
President and CEO

Cell: +46 76 111 34 00   
E-mail: patrik.andersson@loomis.com

Loomis offers safe and effective comprehensive solutions for the distribution, handling, storage and recycling of cash and other valuables. Loomis customers are banks, retailers and other operators. Loomis operates through an international network of more than 400 branches in more than 20 countries. Loomis employs around 25,000 people and had revenue in 2018 of SEK 19.2 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.

This information is information that Loomis AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted or publication, through the agency of the contact persons set out above, at 9.50 p.m. CEST on May 8, 2019.

About Us

Loomis offers safe and effective comprehensive solutions for the distribution, handling, storage and recycling of cash and other valuables. Loomis customers are banks, retailers and other companies. Loomis operates through an international network of more than 400 branches in more than 20 countries. Loomis employs around 25,000 people and had revenue in 2019 of SEK 21.0 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.

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