#Sweden #Stockholm #Loomis AB #Q1 2025 #Solid Revenue Growth

Loomis Reports Strong Q1 Performance for 2025

In its recent interim report, Loomis AB has announced a commendable start to 2025, showcasing a remarkable organic revenue growth of 4.4 percent in the first quarter. The report indicates that both the U.S. and European segments as well as Latin America were key contributors to this positive growth, particularly within the international business line. The company attributes its success to a beneficial business mix and enhanced efficiency, resulting in an increased operating margin (EBITA) of 11.6 percent compared to 10.4 percent in the previous year.

The financial figures for the quarter reveal that total revenue reached SEK 7,665 million, up from SEK 7,253 million, marking a growth of 5.7 percent. The organic growth segment contributed 4.4 percent, while acquisitions added a further 0.1 percent. Additionally, favorable exchange rates positively impacted revenue, contributing 1.2 percent.

Analyzing operating income, Loomis reported an EBITA of SEK 886 million, an increase from SEK 754 million year-over-year. The operating margin reflected considerable improvement, moving from 10.4 percent to 11.6 percent. On a broader scale, operating income (EBIT), before accounting for items affecting comparability, stood at SEK 823 million, which also shows progress when compared to the previous year’s SEK 710 million with a margin growth from 9.8 percent to 10.7 percent.

Financial Highlights

• - Revenue Growth: SEK 7,665 million (up 5.7%)
• - Organic Growth: 4.4% (compared to 6.3% last year)
• - Operating Income (EBITA): SEK 886 million (up from 754 million)
• - Operating Margin (EBITA): 11.6% (previously 10.4%)

The report indicated that items affecting comparability had a negative impact of SEK –117 million, primarily due to restructuring efforts within the Europe and Latin America segments. Nevertheless, income before taxes increased to SEK 531 million, a slight rise compared to SEK 507 million from the prior year, with net income also improving to SEK 382 million. This translates to basic earnings per share of SEK 5.57.

One notable highlight was the extraordinary cash flow from operating activities, amounting to SEK 994 million, representing an impressive 112 percent of operating income (EBITA). This significant improvement is a positive indicator of Loomis's operational efficiency and cash management.

Moving forward, the Board of Directors has made the decision to repurchase shares during the second quarter of 2025, with a total intended expenditure of up to SEK 200 million, which is poised to further solidify confidence among investors and stakeholders.

As Loomis continues to gain momentum in 2025, all eyes will be on its forthcoming strategies and initiatives aimed at sustaining growth and profitability. With a resilient financial performance in Q1, Loomis appears well-positioned for future advancements in the cash handling industry and beyond. For more detailed insights and the full report, visit Loomis's official website.