Continued organic growth during the third quarter


Continued organic growth during the third quarter

January - September 2011
Loomis' operating income (EBITA) 1) for the first three quarters of 2011
amounted to MSEK 646 (650), including exchange rate effects of MSEK -54.
The operating margin amounted to 8.0 percent (7.8).

Revenue during the period amounted to MSEK 8,092 (8,342). Organic growth
amounted to 1 percent (-1).

Income before taxes amounted to MSEK 497 (560) and net income after
taxes amounted to MSEK 333 (364).

Cash flow from operating activities amounted to MSEK 466 (740), which is
equivalent to 72 percent (114) of operating income (EBITA).

Earnings per share before dilution were SEK 4.56 (4.98), and Earnings
per share after dilution were SEK 4.41 (4.82).

Third quarter
Operating income (EBITA) 1) for the third quarter amounted to MSEK 273
(271), including exchange rate effects of MSEK -8. The operating margin
amounted to 9.5 percent (9.8).

Revenue during the third quarter amounted to MSEK 2,882 (2,765). Organic
growth amounted to 1 percent (0).

Income before taxes during the quarter amounted to MSEK 247 (244) and
net income after taxes amounted to MSEK 165 (157).

Cash flow from operating activities amounted to MSEK 277 (259), which is
equivalent to 102 percent (95) of operating income (EBITA).

Earnings per share before dilution were SEK 2.26 (2.14), and Earnings
per share after dilution were SEK 2.18 (2.07).

- The third quarter has been positive, in terms of earnings, key ratios
and operations. I am pleased to report that we have experienced organic
growth for the second consecutive quarter, which confirms that we are
seeing a positive trend, states Loomis President and CEO, Lars Blecko.

1) Earnings Before Interest, Tax, Amortization of acquisition-related
intangible fixed assets, Acquisition-related costs and Items affecting
comparability.

 
07.11.2011

Lars Blecko
President and CEO
Cell number:+46 (0) 70-641 49 10

 
Loomis offers safe and effective comprehensive solutions for the
distribution, handling and recycling of cash for banks, retailers and
other commercial companies via an international network consisting of
more than 390 branch offices in 14 European countries and in the US.
Loomis has 20 000 employees and a turnover of 14 billion Swedish kronor.
Loomis is a midcap listed company on NASDAQ OMX Stockholm.

Loomis AB discloses the information provided herein pursuant to the
Swedish Securities Market Act and/or the Financial Instruments Trading
Act. The information was submitted for publication at 8.00 a.m. (CET) on
November 8th, 2011.

Loomis AB, Vallgatan 11 plan 4, P.O Box 902, SE-170 09 Solna, Sweden
Switchboard: +46 8 522 920 00, www.loomis.com

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