Loomis is the specialist at creating an efficient cash flow in society. We offer comprehensive solutions at all levels of society including financial institutions, retailers, other commerce related business, and the public sector. Our 20,000 employees operate at more than 390 branch offices spread across 14 European countries and the US.
The specialist at creating an efficient cash flow
Loomis has a great heritage and a long history of managing cash. The history of Loomis goes back 150 years, to the California gold rush. As the specialist at creating an efficient physical flow of cash, we know better than anyone else when, where and how much cash is needed.
Loomis ensures that cash circulates quickly and safely. Ten years ago it took up to three days for a banknote to return to circulation after having been used in trade. By finding optimal cash flow solutions, Loomis has reduced that time to approximately 24 hours.
The customers of Loomis are first and foremost to be found within the banking sector and the retail industry. The demand for efficient cash handling is high among central banks, large commercial banks, large ATM operators, large retail chains but also smaller enterprises.
We offer a wide range of solutions for cash in transit and cash management. Cash in transit remains our main source of income but a growing part of our profits is generated through cash management. The demand for comprehensive solutions regarding cash flow differs significantly depending on the market maturity. In general, the cash management market has developed further in Europe than in the US.
Markets
Loomis operates in 15 countries: Austria, the Czech Republic, Denmark, Finland, France, Norway, Portugal, Slovenia, Slovakia, Spain, Sweden, Switzerland, Turkey, the United Kingdom, and the United States.
Organization
Loomis operates in 15 countries and has 20,000 employees and 390 branch offices. The headquarters of Loomis are located in Stockholm, Sweden.
Our Group Management consists of CEO and the Board of Directors, Executive Vice President Business Development, VP Finance, and Managing Directors in Spain, the UK and the US.
The Loomis Share
The Loomis Share (LOOM B) has been listed on the Nasdaq OMX Stockholm Stock Exchange since December 9th 2008. LOOM B is part of the Nordic Mid Cap List for medium-sized companies.
Financial Data
MSEK
|
2010
|
2009
|
2008
|
| The Group, in brief |
|
|
|
| Revenue |
11 033 |
11 989 |
11 258 |
| Revenue, Europa |
7 024 |
7 618 |
7 320 |
| Revenue, USA |
4 009 |
4 372 |
3 938 |
| Operating income (EBITA) |
882 |
837 |
748 |
| Operating margin (EBITA), % |
8,0 |
7,0 |
6,6 |
| Operating income (EBIT) |
866 |
821 |
733 |
| Earnings per share1 |
6,80 |
6,85 |
5,80 |
| Cash flow from operating activities as % of operating income (EBITA) |
106 |
94 |
59 |
| Average number of full time equivalent employees |
18 466 |
18 428 |
19 361 |
2 During 2008, the share structure of Loomis AB was changed as a result of a reverse split (1:5). Earnings per share have been adjusted to reflect this change.