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The latest announcement is out from Loomis AB ( (SE:LOOMIS) ).
Loomis AB has announced the acquisition of Kipfer-Logistik GmbH, a Swiss logistics company specializing in temperature-controlled transport and storage for the pharmaceutical and healthcare sectors. This strategic move aims to enhance Loomis Pharma’s service offerings and strengthen its market position by integrating Kipfer-Logistik’s expertise in high-security and temperature-controlled logistics. The acquisition is expected to boost Loomis’s operating profit and earnings per share in 2025, reflecting a positive impact on the company’s financial performance and industry standing.
The most recent analyst rating on (SE:LOOMIS) stock is a Hold with a SEK320.00 price target. To see the full list of analyst forecasts on Loomis AB stock, see the SE:LOOMIS Stock Forecast page.
More about Loomis AB
Loomis AB is a global leader in secure and effective payment management solutions, specializing in the distribution, handling, storage, and recycling of cash and other valuables. The company primarily serves financial institutions and retailers through an extensive international network of around 400 branches across 27 countries. With approximately 24,000 employees, Loomis reported revenues exceeding SEK 30 billion in 2024 and is listed on the Nasdaq Stockholm Large-Cap list.
Average Trading Volume: 126,815
Technical Sentiment Signal: Buy
Current Market Cap: SEK26.43B
See more insights into LOOMIS stock on TipRanks’ Stock Analysis page.