Loomis (LOOMIS) Q2 2025 earnings summary

Executive summary

• Q2 revenue reached SEK 7.4 billion with 3.8% organic growth and a record 12.7% operating margin, despite currency headwinds.

• Net income rose to SEK 478 million, with basic EPS at SEK 7.01.

• Business growth was achieved while reducing headcount and maintaining cash conversion above 100%.

• Major acquisitions included Burroughs, Central Cash, Sighore-ICS, and an agreement to acquire Kipfer-Logistik.

• Continued share repurchases and a record dividend payout, with a new SEK 200 million buyback program for Q3.

Financial highlights

• Q2 revenue: SEK 7,407 million, down 3.0% year-over-year due to currency, but organic growth was 3.8%.

• EBITA for Q2 was SEK 944 million, margin 12.7% (up from 11.6%); net income SEK 478 million.

• Basic EPS for Q2 was SEK 7.01 (5.65 prior year).

• Rolling 12-month revenue exceeded SEK 30 billion; operating margin at 12.5%.

• Net debt/EBITDA ratio at 1.75.

Outlook and guidance

• Management expects continued margin expansion, prioritizing value-creating acquisitions and operational efficiencies.

• Guidance for cash conversion remains over 90% on a rolling 12-month basis.

• No formal forecast for 2025; focus remains on profitable growth, efficiency, and M&A.

• Risks include currency fluctuations and integration of acquired businesses.