Item affecting comparability amounting to MSEK -53 charged in the second quarter

 | Quelle: Loomis AB Loomis AB 

Item affecting comparability amounting to MSEK -53 charged in the second
quarter

 

The result for the second quarter 2011 includes an item affecting
comparability amounting to MSEK -53 relating to prior periods. The item
is related to incorrect valuation of assets and liabilities in Loomis'
Austrian subsidiary, which has been ongoing and accumulated for many
years. The errors are not related to the operational handling of
customers' money but involve the financial reporting. As a consequence
of uncovering these errors, the entire management inAustriahas been
replaced.

The interim report for the second quarter will be released as planned on
July 29.

18.07.2011

Lars Blecko, President and CEO

+46 70 641 49 10

Marcus Hagegård, VP Finance

+46 76 843 20 30

Anhänge