Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markeder
    • Aktieoversigt
    • Finanskalender
    • Dividends Calendar
    • Research
    • Artikler
  • InderesTV
  • Forum
  • Om os
    • Fulgte selskaber
    • Team
Selskabsmeddelelse

Loomis AB: Loomis Interim Report January - June 2023

Loomis
Download udgivelse

Historically high revenues and strong operating income

For the first quarter ever, Loomis reported revenues above SEK 7 billion, with organic growth for all segments. The operating profit (EBITA) increased to SEK 752 million (620), corresponding to a margin of 10.6 percent (10.0). The margin was positively impacted by increased volumes, higher efficiencies and price adjustments but was offset by continued inflationary pressure and recruitment-related costs.

Comments on quarter 2
  • Revenue for the second quarter was SEK 7,072 million (6,217). Real growth was 8.3 percent (17.7) of which organic growth was 7.7 percent (16.1).
  • Operating income (EBITA)1) for the quarter was SEK 752 million (620) and operating margin (EBITA) was 10.6 percent (10.0).
  • Operating income (EBIT) before items affecting comparability for the quarter was SEK 709 million (539) and operating margin (EBIT) before items affecting comparability was 10.0 percent (8.7).
  • Income before taxes for the quarter was SEK 552 million (438) and net income was SEK 357 million (296).
  • Earnings per share before dilution for the quarter were SEK 5.02 (4.02) and after dilution 5.01 (4.02).
  • Cash flow from operating activities2) amounted to SEK 273 million (644) in the quarter, equivalent to 36 percent (104) of operating income (EBITA).
  • Loomis takes strategic step by entering into an agreement to acquire Cima S.p.A.

1) Earnings Before Interest, Taxes, Amortization of acquisition-related intangible fixed assets, Acquisition-related costs and revenue and Items affecting comparability.

2) Cash flow from operating activities is exclusive of impact from IFRS 16.

This press release is also available on the company's website, www.loomis.com

July 21, 2023

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Tag kontakt
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • Om os
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Servicevilkår
  • Privatlivspolitik
  • Disclaimer
Inderes’ ansvarsfraskrivelse kan findes her. Detaljeret information om hver aktie, der aktivt overvåges af Inderes og HC Andersen Capital, er tilgængelig på de virksomhedsspecifikke sider på Inderes' hjemmeside. © Inderes Oyj. All rights reserved.
  • Latest
  • Markeder
    • Aktieoversigt
    • Finanskalender
    • Dividends Calendar
    • Research
    • Artikler
  • InderesTV
  • Forum
  • Om os
    • Fulgte selskaber
    • Team