Loomis AB
STO:LOOMIS
Loomis AB
Loomis AB operates in the somewhat shadowy yet vital world of cash handling, a realm often underestimated but essential to modern commerce. Headquartered in Stockholm, Sweden, Loomis traces its roots back to the early 20th century, gradually building its reputation as a stalwart guardian of currency in transitory states. The company's primary operations revolve around the secure handling, transportation, and management of cash and other valuables for businesses and financial institutions. It acts as a behind-the-scenes partner, ensuring that currency flows smoothly from registers to banks, maintaining the tangible backbone of everyday economic transactions.
Loomis has capitalized on the intricate logistics of cash circulation, harnessing armored vehicles, advanced vault technology, and its expansive network to streamline and safeguard the cash cycle. Beyond mere transportation, the company provides a suite of services such as cash processing, recycling, and ATM services, allowing its clients to focus on their core operations without the operational burdens of cash management. Through these services, Loomis earns its revenue by charging fees for moving, storing, and processing cash, thereby making the complexity of physical currency exchanges seemingly invisible to the general public and ensuring its indispensability in an increasingly digital world. Loomis essentially orchestrates a ballet of armored logistics, linking innumerable points in global commerce with the latent power of cash security and efficiency.
Loomis AB operates in the somewhat shadowy yet vital world of cash handling, a realm often underestimated but essential to modern commerce. Headquartered in Stockholm, Sweden, Loomis traces its roots back to the early 20th century, gradually building its reputation as a stalwart guardian of currency in transitory states. The company's primary operations revolve around the secure handling, transportation, and management of cash and other valuables for businesses and financial institutions. It acts as a behind-the-scenes partner, ensuring that currency flows smoothly from registers to banks, maintaining the tangible backbone of everyday economic transactions.
Loomis has capitalized on the intricate logistics of cash circulation, harnessing armored vehicles, advanced vault technology, and its expansive network to streamline and safeguard the cash cycle. Beyond mere transportation, the company provides a suite of services such as cash processing, recycling, and ATM services, allowing its clients to focus on their core operations without the operational burdens of cash management. Through these services, Loomis earns its revenue by charging fees for moving, storing, and processing cash, thereby making the complexity of physical currency exchanges seemingly invisible to the general public and ensuring its indispensability in an increasingly digital world. Loomis essentially orchestrates a ballet of armored logistics, linking innumerable points in global commerce with the latent power of cash security and efficiency.
Revenue: Loomis reported Q4 revenue of SEK 7.7 billion, with currency-adjusted growth of 7.5% and 4% organic growth despite a 10% negative exchange rate impact.
Operating Margin: Operating margin improved to 13.2% in Q4, up from 12.9% a year ago, reaching a record high for the quarter.
Cash Flow: Strong operating cash flow and a 99% cash conversion for the year, with Q4 free cash flow close to SEK 1.2 billion.
Shareholder Returns: The Board proposed a record high ordinary dividend of SEK 15 per share and an extraordinary dividend of SEK 5 per share, for a total distribution above SEK 1.3 billion in 2025.
Segment Performance: International and FXGS lines saw very strong growth, especially from precious metals, while Automated Solutions achieved its 16th consecutive quarter of double-digit growth in the U.S.
M&A Activity: Loomis remained active in acquisitions, including a Toronto precious metal storage facility, and improved its net debt-to-EBITDA ratio year-over-year.
Sustainability: Scope 1 and 2 emissions reduced by 4% excluding acquisitions, or 2% including them, and work-related injury rates fell by 10% versus 2024.
