Loomis Reports Outstanding Financial Performance for H1 2026 with Record Operating Margin
Financial Highlights from Loomis H1 2026
Loomis AB has announced impressive results for the first half of 2026, highlighting their commitment to maintaining robust financial performance amidst a competitive landscape. President and CEO Aritz Larrea expressed confidence in the company’s strategies, which contribute to their growth trajectory and operational success.
Revenue Growth and Financial Performance
In the first half, Loomis achieved revenues totaling SEK 7.9 billion, reflecting a remarkable currency-adjusted growth rate of 9.1%. This growth is particularly noteworthy considering the organic growth rate of 6.7%, which stems from Loomis's diverse service offerings, especially within their International and Automated Solutions sectors. Meanwhile, the acquisition of Transportadora del Interior in Argentina and Hermes Transportes Blindados in Peru solidified Loomis’s position in Latin America, contributing to these impressive figures.
Operating income (EBITA) soared past SEK 1 billion, specifically reaching SEK 1,102 million, while the EBITA margin improved to an all-time high of 14.0%, showcasing a significant increase from the previous year’s 12.7%. This achievement demonstrates Loomis’s efficiency in managing costs while simultaneously driving sales growth.
In-Depth Quarterly Analysis
Specifically examining the second quarter, revenue stood at SEK 7,891 million, up from the SEK 7,407 million reported in Q1. The organic growth of 6.7% outpaced the previous 3.8%, showcasing the effectiveness of Loomis's growth strategies. More notably, the cash flow generated from operating activities was SEK 683 million, a healthy increase from SEK 550 million recorded last year.
When analyzing the earnings before taxes, Loomis reported SEK 869 million compared to SEK 664 million, representing a robust growth pattern. This consistent growth is reflected in the earnings per share for the quarter, which were reported at SEK 9.09, significantly improving from SEK 7.01.
Strategic Investments for Future Growth
Loomis's strong operational performance is complemented by its financial resilience, characterized by solid cash flow generation and a firm balance sheet. The company maintains an aspiration to pursue long-term growth avenues while also committing to enhancing shareholder value. With a net debt to EBITDA ratio of 1.60, Loomis is well-positioned to explore value-creating acquisitions, maximizing returns for its stakeholders.
Larrea emphasized the company’s dedication to leveraging their diversified model and commitment to operational excellence, suggesting that they will continue to focus on expanding their footprint in vital regions while consistently delivering high-quality services.
Upcoming Webcast Presentation
In conjunction with these outstanding results, Loomis will present its interim report in a webcast at 10:30 AM CEST. Live access to the presentation will be available at Loomis's investor relations page. Participants can expect to hear directly from Larrea and CFO Johan Wilsby, providing deeper insights into the company’s performance and strategic direction.
This positive outlook demonstrates that Loomis is not only weathering current economic challenges but is strategically positioned to thrive in the future, reflecting a proactive approach to both growth and market adaptation. With such substantial results in the first half of 2026, Loomis continues to affirm its status as a leader in cash logistics and other services, paving the way for continued success in the months ahead.