The strong organic growth in the USA continues
July – September 2015
Revenue for the third quarter amounted to SEK 4,167 million (3,600). Organic growth was 3 percent (3) and real growth was 4 percent (18).
Loomis operating income (EBITA) amounted to SEK 483 million (406) and the operating margin was 11.6 percent (11.3).
Income before taxes amounted to SEK 445 million (366) and income after taxes was SEK 329 million (278).
Earnings per share before and after dilution amounted to SEK 4.37 (3.70).
Cash flow from operating activities amounted to SEK 379 million (384), equivalent to 78 percent (95) of operating income (EBITA).
January – September 2015
Revenue for the first nine months of the year amounted to SEK 11,953 million (9,796). Organic growth was 2 percent (4) and real growth was 8 percent (12).
Loomis operating income (EBITA) amounted to SEK 1,224 million (981) and the operating margin was 10.2 percent (10.0).
Income before taxes amounted to SEK 1,046 million (878) and income after taxes was SEK 770 million (651).
Earnings per share before and after dilution amounted to SEK 10.24 (8.65).
Cash flow from operating activities amounted to SEK 879 million (782), equivalent to 72 percent (80) of operating income (EBITA).
“In the USA we had organic growth of 7 percent during the quarter. Adjusted for changes in fuel surcharges, growth in the USA amounted to 9 percent. It is clear that our investments and efforts in the USA are paying off”, states Lars Blecko, CEO of Loomis AB.
Earnings Before Interest, Taxes, Amortization of acquisition-related intangible fixed assets, Acquisition-related costs and revenue and Items affecting comparability.
Group CEO and President Loomis US
Cell number: +46 8 522 920 51
President and CFO Loomis AB
Cell number: +46 70 810 85 59
Loomis offers secure 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 around 400 branches in more than 20 countries. Loomis employs around 21,000 people and had revenue in 2014 of SEK 13.5 billion. Loomis is listed on NASDAQ OMX Stockholm Large-Cap list.
Loomis AB discloses the information provided herein pursuant to the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.00 am CET on November 6th, 2015.