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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Loomis Ab | LSE:0JYZ | London | Ordinary Share | SE0014504817 | LOOMIS ORD SHS |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 283.90 | 277.60 | 290.20 | 17,645 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Strong start to the year with record revenues
STOCKHOLM, May 4, 2023 /PRNewswire/ -- Loomis reported record revenues with strong growth in all segments, supported by a double-digit organic growth. Higher volumes were the main driver but price increases also contributed to the organic growth. The operating profit (EBITA) increased to SEK 717 million (516), which is our highest operating profit for a first quarter. The operating margin (EBITA %) increased to 10.5 percent (9.2) and was positively impacted by increased volumes and price adjustments, but negatively by a higher cost base.
Comments on quarter 1
1) Earnings Before Interest, Taxes, Amortization of acquisition-related intangible fixed assets, Acquisition-related costs and revenue and Items affecting comparability.
2) Cash flow from operating activities is exclusive of impact from IFRS 16.
This press release is also available on the company's website, www.loomis.com
CONTACT:
Jenny Boström
Head of Investor Relations
Mobile: +46 79 006 45 92
Email: jenny.bostrom@loomis.com
The following files are available for download:
https://mb.cision.com/Main/51/3764020/2033909.pdf | Loomis Interim Report January-March 2023 |
https://mb.cision.com/Public/51/3764020/9e4c92a08bb89fcc.pdf | Loomis Interim Report January-March 2023 - press release |
View original content:https://www.prnewswire.com/news-releases/loomis-interim-report-january--march-2023-301816106.html
SOURCE Loomis AB
Copyright 2023 PR Newswire
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