Objectives and Strategy

Loomis aims to be a global leader in cash handling. A sustainable profitable growth creates value for shareholders and other stakeholders.

Global leader

Loomis’ goal is to be the number one or number two company in each geographical market in which it operates. The global presence is emphasized by the use of a shared name and a common identity. The cash handling business is local by nature and the responsibility of the day-to-day business is decentralized.

Profitability and growth

Through its market leading position Loomis achieves economies of scale, an important competitive advantage. In order to reach and maintain such a market position, Loomis needs to consolidate its existing operations and grow while maintaining profitability. The growth will be achieved through a combination of organic growth and acquisitions.

World-class services

Loomis is continually developing its products and services in order to be of world class. The company makes substantial investments to improve efficiency in both current and new product areas. The service portfolio will be comprehensive on each market in which Loomis operates and will offer innovative and integrated solutions for efficient cash handling. Loomis has the ambition to remain at the forefront of the industry’s technological developments.

Risk Management

Loomis can never accept any loss of life in its operations. The entire organization is permeated by security consciousness and there is an understanding and management of risks for the benefit of customers and for Loomis itself.

Financial goals

Loomis' long-term margin target is to achieve an operating margin exceeding 10 percent. The Company’s intermediate goal is to attain an operating margin of at least 8 percent by 2010.

Cash flow from operating activities should, over time, amount to an equivalent of at least 85 percent of operating income.