Loomis Reports Strong Q1 Performance with Significant Revenue Growth and Operational Efficiency

Loomis Interim Report: January - March 2026

Loomis AB recently published its interim report, showcasing impressive performance in the first quarter of 2026. The company reported revenues amounting to SEK 7.5 billion, demonstrating resilience despite facing considerable currency-related challenges. This achievement is attributed to a strong currency-adjusted growth rate of 9.3% and an organic growth of 5.9%. Both the USA segment and the Europe and Latin America segment made significant contributions, particularly within the International and Automated Solutions business lines, driving overall positive performance.

The EBITA margin showed substantial improvement, rising by 1 percentage point year-over-year, reaching 12.6%. This increase was made possible by Loomis’s successful expansion strategies and diligent operational efficiency measures.

Financial Highlights

1. Revenue: For the quarter, Loomis reported a revenue of SEK 7,491 million, slightly down from SEK 7,665 million in the previous year, largely due to currency fluctuations.
2. Growth: The currency-adjusted growth of 9.3% was a significant improvement from the previous year’s rate of 4.5%. Organic growth at 5.9% also showed a notable increase compared to 4.4% from the prior period. Acquisitions added an extra 3.4% to the growth, reaffirming the strategic importance of expansions.
3. Operating Income: EBITA for the quarter was reported at SEK 946 million, up from SEK 886 million, indicating effective cost management and operational strategies that enhanced profit margins.
4. Earnings: The net income for the quarter reached SEK 530 million, compared to SEK 382 million in the equivalent period last year. Basic earnings per share improved from 5.57 to 7.91, showcasing the company’s profitability trajectory.
5. Cash Flow: Cash flow from operating activities was SEK 797 million, reflecting a robust 95% correlation to EBITA, a strong indicator of the company’s internal financial health.

As part of its growth and sustainability plan, Loomis is setting new near-term science-based targets for greenhouse gas reduction across all scopes. This commitment highlights their dedication to environmental responsibility and positions them favorably as a leader in sustainable practices.

Strategic Growth Initiatives

In a significant expansion move, Loomis aims to penetrate the Peruvian market through its intended acquisition of Hermes Transportes Blindados. This acquisition is part of a broader strategy to enhance its footprint in Latin America. Loomis has initiated a public tender offer, which showcases its aggressive approach to growth and commitment to enhancing service capabilities in new regions.

Loomis’s strong operating cash flow and a healthy balance sheet provide a solid foundation for future investments and growth opportunities. These financial strengths have also permitted the company to deliver the highest dividends in its history to shareholders, reinforcing its commitment to return value to investors.

Conclusion

In summary, Loomis’s interim report for the first quarter of 2026 highlights a period of strong financial performance characterized by effective operational strategies, impressive revenue growth, and strategic initiatives aimed at expanding market presence. As the company navigates through currency fluctuations and continues its commitment to sustainability, it remains well-positioned for future growth. With a keen eye on potential acquisitions and solid financial management, Loomis is set to maintain its competitive edge in the evolving market landscape.