Loomis (LOOMIS) Q1 2025 earnings summary

Executive summary

• Revenue reached SEK 7,665 million in Q1 2025, up 5.7% year-over-year, with 4.4% organic growth and positive exchange rate effects across all segments.

• Operating margin (EBITA) improved to 11.6% from 10.4% last year, driven by efficiency gains and favorable business mix.

• Net income rose to SEK 382 million, with EPS increasing to SEK 5.57.

• Strong operating cash flow at 112% of EBITDA for the quarter and 124% cash conversion over the past 12 months.

• Announced acquisition of Burroughs in the US to strengthen ATM and Automated Solutions, and board approved a share repurchase program up to SEK 200 million.

Financial highlights

• Revenue reached SEK 7,665 million, up 5.7% year-over-year, with 4.4% organic growth and positive FX impact.

• Operating income (EBITA) was SEK 886 million, margin at 11.6% versus 10.4% last year.

• Net income for the period was SEK 382 million, net margin at 5.0%.

• U.S. segment achieved record revenues above SEK 4 billion and a 16.6% operating margin.

• SME/Pay segment reported SEK 30 million in revenue, with strong growth in digital payments and Loomis Pay transaction volumes.

Outlook and guidance

• Focus remains on recurring revenues and margin expansion through operational efficiencies and restructuring in Europe and Latin America.

• Management expects continued solid organic growth and margin expansion, supported by efficiency measures and business mix.

• Recent acquisition and new segment launches expected to drive future growth.