Loomis Interim Report January – June 2018

April – June 2018
Revenue for the second quarter amounted to SEK 4,808 million compared to SEK 4,346 million the corresponding period the previous year. Organic growth was 3 percent (2) and real growth was 7 percent (2).

Loomis operating income (EBITA)1) amounted to SEK 509 million (517) and the operating margin was 10.6 percent (11.9).

Income before taxes amounted to SEK 553 million (463) and includes a positive item affecting comparability of SEK 98 million (0). Income after taxes was SEK 411 million (332).

Earnings per share before and after dilution amounted to SEK 5.47 (4.41).

Cash flow from operating activities amounted to SEK 456 million (437), equivalent to 90 percent (85) of operating income (EBITA).

January – June 2018
Revenue for the first half of 2018 amounted to SEK 9,294 million (8,625). Organic growth was 3 percent (2) and real growth was 8 percent (2).

Loomis operating income (EBITA)1) amounted to SEK 981 million (979) and the operating margin was 10.6 percent (11.3).

Income before taxes amounted to SEK 977 million (868) and income after taxes was SEK 729 million (622).

Earnings per share before and after dilution amounted to SEK 9.69 (8.26).

Cash flow from operating activities amounted to SEK 726 million (752), equivalent to 74 percent (77) of operating income (EBITA).

1) Taxes, Amortization of acquisition-related intangible fixed assets, Acquisition-related costs and revenue and Items affecting comparability.

July 25, 2018                                          

Patrik Andersson
President & CEO

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

Anders Haker 
CFO

Mobile: +46 70 810 85 59
E-mail: anders.haker@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 companies. Loomis operates through an international network of more than 400 branches in more than 20 countries. Loomis employs around 24,000 people and had revenue in 2017 of SEK 17.2 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 and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 3.00 p.m. CEST on July 25th, 2018.
 

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