Loomis reports segmented key financial numbers based on the new organization

On November 22, 2018, Loomis announced that segment International will cease to be a separate segment starting January 1, 2019. The intention is to better capture growth opportunities and to create further efficiencies. The International operations managed from North America will be included in segment USA and all other operations will be part of segment Europe. The tables below show key financial numbers for 2018, on a pro forma basis, for segments USA and Europe where International has been included according to the new segment reporting.

Reported Pro forma
SEK m Q1 Q2 Q3 Q4 2018 Q1 Q2 Q3 Q4 2018
Europe
Revenue 2,340 2,459 2,523 2,511 9,832 2,492 2,632 2,701 2,686 10,511
Operating income (EBITA) 224 263 362 311 1,160 241 282 381 333 1,238
Real growth (%) 9 8 10 10 9 8 7 9 9 8
Organic growth (%) -1 -1 -1 1 -1 -1 -1 -1 1 -1
Operating margin, EBITA (%) 9,6% 10,7% 14,3% 12,4% 11,8% 9,7% 10,7% 14,1% 12,4% 11,8%
USA
Revenue 1,940 2,126 2,162 2,214 8,442 2,007 2,192 2,233 2,284 8,716
Operating income (EBITA) 272 277 285 298 1,132 272 275 283 293 1,123
Real growth (%) 8 7 6 5 7 8 8 7 6 7
Organic growth (%) 8 7 6 5 7 8 7 6 5 7
Operating margin, EBITA (%) 14,0% 13,1% 13,2% 13,5% 13,4% 13,5% 12,5% 12,7% 12,8% 12,9%
International
Revenue 222 239 247 247 954 n/a n/a n/a n/a n/a
Operating income (EBITA) 17 17 18 17 69 n/a n/a n/a n/a n/a
Real growth (%) 2 5 7 3 4 n/a n/a n/a n/a n/a
Organic growth (%) 0 3 5 1 2 n/a n/a n/a n/a n/a
Operating margin, EBITA (%) 7,7% 6,9% 7,2% 7,1% 7,2% n/a n/a n/a n/a n/a

*) Earnings before Interest, Tax and amortization of acquisition-related intangible fixed assets, acquisition-related costs and revenue, and items affecting comparability.

March 26, 2019

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, 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.

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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 24,000 people and had revenue in 2017 of SEK 17.2 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.

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