Recurring, Defensive Cash-logistics BusinessLoomis’s core cash-in-transit and cash management services are contractually recurring and essential to banks and retailers. That creates predictable revenue streams, high client stickiness and route-density scale benefits, supporting durable cash flows and resilience across cycles.
Consistent ~10% EBIT MarginsEBIT margins around 10% have been stable, reflecting operational leverage in processing, route optimization and integrated ATM/cash-center services. Sustained margins indicate structural cost competitiveness and pricing power that support ongoing profitability and reinvestment capacity.
Positive Free Cash Flow & Strong ConversionConsistent positive free cash flow with ~0.69x conversion of net income in 2025 signals efficient cash conversion. Durable FCF supports dividends, routine capex and potential deleveraging, providing financial flexibility even if growth is moderate.