Loomis interim report January – March 2022

Quarter 1, 2022
Revenue for the quarter was SEK 5,627 million (4,483). Real growth was 18 percent (–6) of which organic growth was 15 percent (–9).

Operating income (EBITA) for the period was SEK 516 million (358) and EBITA operating margin was 9.2 percent (8.0). Excluding Loomis Pay, the operating margin amounted to 10.0 percent (8.7).

Operating income (EBIT) for the period was SEK 463 million (315) and EBIT operating margin was 8.2 percent (7.0).

Income before taxes 406 MSEK (269) and net income 295 MSEK (198).

Earnings per share before and after dilution were SEK 4.00 (2.63).

Cash flow from operating activities SEK 177 million (342), equivalent to 34 percent (96) of operating income (EBITA).

The Board of Directors of Loomis AB has, as previously announced, appointed Aritz Larrea as new President and CEO of the company. Aritz Larrea will take up the position on May 23, 2022.

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

2) Cash flow from operating activities is exclusive of impact from IFRS 16.  

This press release is also available on the company’s website, www.loomis.com

May 4, 2022 

Anders Haker
Chief Investor Relations Officer

Mobile: +1 281 795 8580
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, merchants and other operators. 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 2021 of approximately SEK 19.7 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 person set out below, at 3.00 p.m. CEST on May 4, 2022.