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Loomis AB ( (SE:LOOMIS) ) has shared an update.
Loomis AB reported a strong start to 2025 with a 4.4% organic revenue growth in the first quarter, driven by robust performance in the US and positive contributions from Europe and Latin America. The company’s operating margin improved to 11.6%, supported by efficiency programs and a favorable business mix. Loomis is advancing its digital and cash solutions, launching a new SME/Pay segment, and announced the acquisition of Burroughs in the US to enhance its ATM and Automated Solutions services. These strategic moves are expected to expand Loomis’s market share and support profitable growth, while the company remains committed to maintaining a strong cash infrastructure alongside digital expansion.
More about Loomis AB
Loomis AB operates in the security and cash management industry, providing cash handling services, including cash in transit, cash management services, and automated solutions. The company focuses on enhancing its service offerings through technology and acquisitions, aiming to strengthen its market position and expand its addressable market.
Average Trading Volume: 110,712
Current Market Cap: SEK27.52B
See more insights into LOOMIS stock on TipRanks’ Stock Analysis page.