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Loomis AB (LOOMb.ST)

LOOMb.ST on Stockholm Stock Exchange

290.00SEK
14 Aug 2018
Change (% chg)

-2.40kr (-0.82%)
Prev Close
292.40kr
Open
294.00kr
Day's High
294.00kr
Day's Low
289.40kr
Volume
184,791
Avg. Vol
232,695
52-wk High
356.80kr
52-wk Low
264.20kr

Latest Key Developments (Source: Significant Developments)

Loomis completes second acquisition in Chile
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Loomis AB ::LOOMIS COMPLETES SECOND ACQUISITION IN CHILE.LOOMIS HAS, THROUGH ONE OF ITS WHOLLY OWNED SUBSIDIARIES, ACQUIRED 100 PERCENT OF THE SHARES IN COMPAÑÍA CHILENA DE VALORES S.A..THE ENTERPRISE VALUE, I.E. PURCHASE PRICE PLUS ACQUIRED NET DEBT, IS APPROXIMATELY USD 28 MILLION, CORRESPONDING TO APPROXIMATELY SEK 250 MILLION.CCV HAS APPROXIMATELY 1,000 EMPLOYEES AND THE ANNUAL REVENUE IN 2017 WAS APPROXIMATELY CLP 6.9 BILLION, EQUIVALENT TO APPROXIMATELY SEK 95 MILLION.THE ACQUISITION IS EXPECTED TO HAVE A MARGINAL POSITIVE IMPACT ON THE EARNINGS PER SHARE OF LOOMIS IN 2018.  Full Article

Loomis Acquires Kötter Geld- & Wertdienste In Germany
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Loomis Ab ::LOOMIS ACQUIRES KÖTTER GELD- & WERTDIENSTE IN GERMANY.SAYS ‍ENTERPRISE VALUE, I.E. PURCHASE PRICE PLUS ACQUIRED NET DEBT, IS APPROXIMATELY EUR 14 MILLION, CORRESPONDING TO APPROXIMATELY SEK 140 MILLION​.SAYS ‍KGW HAS APPROXIMATELY 800 EMPLOYEES AND ANNUAL REVENUE IN 2017 IS EXPECTED TO BE APPROXIMATELY EUR 45 MILLION​.SAYS DUE TO ACQUISITION RELATED COSTS AND INTEGRATION COSTS ACQUISITION IS EXPECTED TO HAVE A MARGINAL NEGATIVE IMPACT ON EARNINGS PER SHARE OF LOOMIS IN 2018.  Full Article

Loomis Expects To Account One-Off Positive Tax Income In Range Of SEK 55 Mln To SEK 70 Mln During Q4 2017​
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Loomis Ab ::LOOMIS POSITIVELY AFFECTED BY THE US TAX REFORM.‍TCJA'S MAIN IMPACT ON LOOMIS IN Q4 THIS YEAR IS REDUCTION OF CORPORATE TAX RATE IN US FROM 35 TO 21 PERCENT​.DUE TO REDUCED TAX RATE IN US, CO EXPECTS TO ACCOUNT FOR ONE-OFF POSITIVE TAX INCOME IN RANGE OF SEK 55 TO 70 MILLION DURING Q4 2017​.‍AS AN EFFECT OF NEW LEGISLATION LOOMIS EXPECTS, BASED ON CURRENT ESTIMATES, THAT GROUP TAX RATE FOR 2018 WILL BE BETWEEN 25 AND 26 PERCENT​.‍ONE-OFF POSITIVE TAX EFFECT IN Q4 2017 IS NOT EXPECTED TO HAVE A SIGNIFICANT EFFECT ON CASH FLOWS​.  Full Article

Loomis completes acquisition in Chile
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Loomis AB ::LOOMIS COMPLETES ACQUISITION IN CHILE.SAYS HAS, THROUGH ONE OF ITS WHOLLY OWNED SUBSIDIARIES, ACQUIRED 100 PERCENT OF THE SHARES IN WAGNER SEGURIDAD CUSTODIA Y TRANSPORTE DE VALORES (WAGNER) IN CHILE.  Full Article

Loomis signs five-year Safepoint deal with Reitan Convenience
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Loomis AB ::LOOMIS SIGNS A FIVE-YEAR SAFEPOINT AGREEMENT IN SWEDEN.SAYS ‍AGREEMENT RUNS OVER FIVE YEARS AND INCLUDES INSTALLATIONS AND SERVICES OF APPROXIMATELY 400 SAFEPOINTS AT ALL OF PRESSBYRAN'S AND 7-ELEVEN'S STORES ACROSS SWEDEN.AGREEMENT IS WITH REITAN CONVENIENCE​.SAYS ‍INSTALLATION IS EXPECTED TO START AT BEGINNING OF 2018 AND TO BE COMPLETED IN FALL OF 2018​.  Full Article

Loomis Q3 core profit and growth matches forecasts​
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Loomis AB :Q3 ‍revenue amounted to SEK 4,246 million (4,200)​.Q3 ‍organic growth was 3 percent (3)​.Q3 ‍operating income (EBITA)1 amounted to SEK 570 million (528)​.Q3 ‍operating margin was 13.4 percent (12.6)​.Reuters poll: Loomis Q3 organic growth was seen at 3.1 percent, adjusted EBITA at 568 million SEK, sales at 4,326 million.  Full Article