Loomis AB (publ) LOOMIS

Stockholm | Industrials | Cash handling and security services
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Updated: 15 Sep 2026 Base analysis: 6 Apr 2026

The news check keeps the assessment current.

General analysis — not personal advice.

HOLD Clear

Hold/wait: consider adding only if (1) Hermes closes on the communicated terms and (2) Q2 confirms margin strength and net debt/EBITDA trends back toward <2.0x as guided; otherwise keep the position unchanged.

Q2 results confirm the strong operational trend of higher margins and cash flow, supporting the hold signal pending integration data from the acquisitions.

Market sentiment Positive ↑
Trend: Improving

Sentiment remains positive following the report, centred on record margins, cash flow and analyst target upgrades.

Risk assessment Medium
Dilution: Low Strong cash flow and ongoing buybacks
Jurisdiction: Low Mainly US and Western Europe exposure
Execution: Medium Acquisition integration and CFO transition

HOLD is the call. Positive is the market mood. Medium risk means some things can go wrong.

Latest change
  • 25 Aug 2026 — The report shows record margins and cash flow confirming the operational trend following publication on 24 July.

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About the company

Loomis AB (publ) is a global provider of cash-in-transit and cash management services, including ATM services, vault services, and automated cash solutions (e.g., SafePoint). The company is profitable with strong cash generation and grows organically and through acquisitions, while facing long-term structural headwinds from declining cash usage.

Sector: Cash handling and security services
Type: Industrial
Next report (Q3)
30 Oct 2026
Catalysts
●
30 Sep 2026
Completion of Hermes acquisition High
○
Q4 2026
Burroughs integration Medium
Bull case

Record margins, strong organic growth and improved cash flow underpin profitability.

Bear case

Currency headwinds and integration risks around the new Latin American acquisitions remain.

Why this signal

Q2 results confirm the strong operational trend of higher margins and cash flow, supporting the hold signal pending integration data from the acquisitions.

Recent news
  • On 9 September Loomis issued EUR 300 million senior unsecured bonds at 4.125 % coupon under its EMTN programme to finance the Hermes Transportes Blindados acquisition in Peru. The formal tender offer opened on 31 August and the target board approved the bid; the acceptance period ends 30 September. New CFO Tobias Hägglöv took office on 14 September.

Key figures

Revenue
Q2 2026
SEK 7.9B
EBITDA
Q2 2026
SEK 1.1M
Net income
Q2 2026
SEK 608M
Exchange
Stockholm
Type
Industrials
Sector
Cash handling and security services
Loomis AB (publ) LOOMIS
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