Improved operating margin and organic growth

4 Nov, 2016

This information is information that Loomis AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act.

July – September 2016
Revenue for the third quarter amounted to SEK 4,200 million (4,167). Organic growth was 3 percent (3) and real growth was 2 percent (4).

Loomis operating income (EBITA)1) amounted to SEK 528 million (483) and the operating margin was 12.6 percent (11.6).

Income before taxes amounted to SEK 533 million (445) and income after taxes was SEK 391 million (329).

Earnings per share before and after dilution amounted to SEK 5.20 (4.37).

Cash flow from operating activities amounted to SEK 536 million (379), equivalent to 102 percent (78) of operating income (EBITA).

January – September 2016
Revenue for the first nine months of the year amounted to SEK 12,379 million (11,953). Organic growth was 5 percent (2) and real growth was 5 percent (8).

Loomis operating income (EBITA)1) amounted to SEK 1,347 million (1,224) and the operating margin was 10.9 percent (10.2).

Income before taxes amounted to SEK 1,258 million (1,046) and income after taxes was SEK 916 million (770).

Earnings per share before and after dilution amounted to SEK 12.18 (10.24).

Cash flow from operating activities amounted to SEK 1 146 million (879), equivalent to 85 percent (72) of operating income (EBITA).

“I am pleased to present another quarter of continued profitability improvement. The Group’s operating margin for the third quarter was 12.6 percent (11.6) which is the highest operating margin Loomis has had for a single quarter since the stock exchange listing in 2008. At the same time as we have improved our operating margin, we have, during the quarter, grown organically and made an acquisition in Denmark”, states Patrik Andersson, President and CEO of Loomis.

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

November 4, 2016