Loomis (LOOMIS) Q2 2026 earnings summary

Executive summary

• Achieved record Q2 revenue of SEK 7,891 million, with 9.1% currency-adjusted growth and organic growth of 6.7%, driven by strong performance in International, FXGS, and Automated Solutions, and supported by acquisitions in Latin America.

• EBITA margin reached a record 14.0%, the highest in company history, supported by efficiency initiatives and favorable business mix.

• Major acquisitions in Latin America, including Hermes in Peru and Transportadora del Interior in Argentina, expanded regional presence and market opportunities.

• Distributed ordinary and extraordinary dividends totaling over SEK 1.3 billion and reaffirmed BBB Stable credit rating.

• SME/Pay segment nearly doubled revenue, driven by new SME customers and acquisitions, while reducing operating losses.

Financial highlights

• Q2 revenue: SEK 7,891 million (up from SEK 7,407 million); organic growth 6.7%, acquisitions 2.5%, FX -2.6%.

• EBITA margin: 14.0% for Q2 2026 (up from 12.7%); rolling 12-month cash conversion at 95%.

• Net income Q2: SEK 608 million (up from SEK 478 million); basic EPS SEK 9.09 (7.01), up 30% year-over-year.

• Net debt/EBITDA improved to 1.60x, well below the 2x target.

• Cash flow from operating activities Q2: SEK 683 million (550 million prior year); free cash flow for H1: SEK 932 million (356 million prior year).

Outlook and guidance

• Expect to remain in the upper half of the 12%-14% EBITDA margin target range for the rest of the strategic period, with continued focus on efficiency and business mix.

• International business line anticipated to maintain current levels through year-end, with stable fuel price trends.

• European growth expected to be positive in H2, with ATM business flattish but slightly increasing.

• CMS area expected to return to growth in the near future.

• Management highlights ongoing risks and uncertainties related to forward-looking statements.