Loomis Reports Strong Growth and Improved Operating Margin
Loomis AB reported a strong second quarter with revenue increasing by 6.5% to SEK 7.9 billion. Operating income (EBITA) exceeded SEK 1 billion, with the margin rising to 14.0%.
Loomis AB, a provider of cash handling and logistics services, announced its interim report for January-June 2026 on July 24, 2026, highlighting significant growth and improved profitability.
In the second quarter of 2026 (April-June), Loomis reported revenue of SEK 7,891 million, a 6.5% increase compared to the same period in the previous year. Currency-adjusted growth was 9.1%, driven by strong performance in its International and Automated Solutions business lines across both the USA and Europe/Latin America segments.
Operating income (EBITA) reached SEK 1,102 million, a substantial increase from SEK 944 million a year prior. The EBITA margin improved to 14.0% from 12.7%, reflecting successful strategic execution, according to President and CEO Aritz Larrea.
The company also expanded its geographic footprint in Latin America through the acquisition of Transportadora del Interior in Argentina and the announced acquisition of Hermes Transportes Blindados in Peru. Loomis stated its financial position remains strong, supporting continued investments in growth opportunities and acquisitions.