Loomis Interim report January – March 2018
January – March 2018
Revenue for the first quarter amounted to SEK 4,486 million compared to SEK 4,279 million the corresponding period the previous year. Organic growth was 3 percent (3) and real growth was 8 percent (3).
Loomis operating income (EBITA)[1] amounted to SEK 472 million (462) and the operating margin was 10.5 percent (10.8).
Income before taxes amounted to SEK 425 million (405) and income after taxes was SEK 318 million (290).
Earnings per share before and after dilution amounted to SEK 4.22 (3.85).
Cash flow from operating activities amounted to SEK 271 million (315), equivalent to 57 percent (68) of operating income (EBITA).
[1] Taxes, Amortization of acquisition-related intangible fixed assets, Acquisition-related costs and revenue and Items affecting comparability.
May 3, 2018
Patrik Andersson | Anders Haker |
President and CEO | CFO |
Mobile: +46 76 111 34 00 | Mobile: +46 70 810 85 59 |
E-mail: patrik.andersson@loomis.com | 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. The information was submitted for publication, through the agency of the contact persons set out above, at 3.00 p.m. CEST on May 3, 2018.
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