STOCKHOLM, Nov. 13, 2024 /PRNewswire/ -- Loomis will today present its strategic priorities and targets for 2025-2027 at its Capital Markets Day in London. The live webcast starts at 1:00 pm GMT (2:00 pm CET).

The Capital Markets Day will feature presentations by President and CEO Aritz Larrea, CFO Johan Wilsby and the Regional Presidents, Björn Züger and Georges Lopez.

Loomis' priorities for the strategic period are to: (1) Grow in established markets, (2) Generate growth and product expansion through M&A, (3) Drive operational excellence and scalability and (4) Lead sustainability in our industry.

Solid performance and strong operating cash flow

STOCKHOLM, Oct. 29, 2024 /PRNewswire/ -- Loomis delivered solid financial results for the third quarter. Revenue exceeded SEK 7.6 billion with growth across all business lines when adjusting for changes in exchange rates, except for the International business line where we are still experiencing cyclical headwinds. We continue to see double-digit organic growth for Automated Solutions in both regions, where the performance of CIMA also has a positive contribution on the results. 

STOCKHOLM, Oct. 28, 2024 /PRNewswire/ -- The Board of Directors of Loomis AB has resolved to repurchase shares by virtue of the authorization granted by the Annual General Meeting 2024.

The repurchase may commence on October 30, 2024, end no later than on December 20, 2024, and comprise an amount up to a maximum of SEK 200 million. Repurchase shall be made on Nasdaq Stockholm, on one or more occasions, at a price within the prevailing price interval registered at each point in time (being the interval between the highest buying price and the lowest selling price). Payment for repurchased shares shall be made in cash. Danske Bank A/S, Danmark, Sverige Filial will administrate the repurchase and based on the trading order given by Loomis, take trading decisions independently of Loomis with regards to the timing of the acquisitions.

STOCKHOLM, Oct. 21, 2024 /PRNewswire/ -- Interim report January-September 2024

Loomis AB will publish the Interim report for January-September 2024 on October 29, 2024, at 7:30 a.m. (CET).

Agenda

7.30 a.m. (CET) - Report release

The report will be sent as a press release from Cision (www.cision.se) and will automatically be published on www.loomis.com when released.

10.00 a.m. (CET) – Telephone conference and audio cast

Analysts and media are invited to participate in a telephone conference where Loomis President & CEO Aritz Larrea, CFO Johan Wilsby and Head of Sustainability and IR Jenny Boström will present the report and answer questions.

STOCKHOLM, Oct. 1, 2024 /PRNewswire/ -- Loomis AB has through the repurchase program that was resolved and communicated on July 23, 2024, repurchased 593,100 shares. Loomis AB's holding of own shares thereby amounts to 1,924,553 shares, corresponding to 2.71% of the outstanding shares in the company. The total number of shares in Loomis AB, including the company's own shares, amounts to 71,000,000.

For information about transactions in the repurchase program, please see: www.nasdaqomxnordic.com/news/corporate-actions/repurchase-of-own-shares.

STOCKHOLM, Sept. 30, 2024 /PRNewswire/ -- Alejandro Corominas Menéndez has been appointed President and CEO of Loomis Europe and Latin America as of January 1, 2025. Currently, Alejandro holds the position as Country CEO of Loomis Spain and Regional Vice President for Loomis Europe and Latin America. Alejandro will report to the President and CEO of the Loomis Group and be a member of the Group Management team.

Alejandro Corominas Menéndez, born in 1971, is a Spanish citizen who holds a B.Sc. in Economics and Business Administration and has completed the General Management Program at IESE Business School. With extensive experience in the cash management and connectivity solutions industry, he currently serves as CEO of Loomis Spain and Regional Vice President for Spain, Latin America and Turkey, where he has led the company's expansion and success in these regions. His prior role at Boltia, a startup focused on connectivity solutions, underscores his entrepreneurial spirit and capacity to drive innovation.

STOCKHOLM, Sept. 5, 2024 /PRNewswire/ -- Loomis, one of the world's leading cash handling companies, will hold a Capital Markets Day in London for institutional investors and analysts, on Wednesday November 13, 2024, at London Stock Exchange Group (LSEG), 10 Paternoster Square, London, EC4M 7LS.

At the Capital Markets Day Loomis CEO and management team will present strategic initiatives and priorities for the next strategic period, including updated targets.

The event will begin at 12.00 (GMT) with a light lunch and the program will start at 13.00 and end at approximately 17.00 (GMT). The event will also be live broadcasted.