Loomis AB (publ) (LOOMIS) Earnings Call Transcripts

Loomis AB (publ)'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Loomis AB reported revenues of SEK 7.5 billion, reflecting a 9.3% currency-adjusted growth despite an 11.6% negative impact from exchange rates. The company achieved a record high operating profit of over SEK 700 million, with an operating margin of 17.9%. Management maintained a positive outlook, signaling continued strong demand in the international and automated solutions segments, while announcing a significant acquisition of Hermes Transportes Blindados, expected to be accretive to earnings per share.

Reported metrics

Guidance from management

Management expects continued strong demand in the international and automated solutions segments, with the Hermes acquisition anticipated to be accretive to earnings per share. They remain cautious about the cash business outlook in Europe, indicating potential restructuring.

What management said

Yes. Thanks, [ Simon ]. The situation in Q1 has been mixed. The beginning of the year was mainly driven by silver movements, where a lot of silver was transported globally as well as the -- we have also opened new geographical lanes and expanded our business. So the key drivers include an increase in global interest in precious metals trading during geopolitical uncertainty as we had in Q4 last year as well. The [ ...

So as we've always commented, this business is cyclical. So it's very difficult to estimate how the year will proceed. But [ forwarding ] is more of a spot market and the year opened with high demand. However, we don't know how long the situation in Iran will last and the impact it will have on both [ aerospace ] and availability of flight. Nevertheless, so far, we've seen the same level of momentum in Q2 -- at the b...

What analysts pressed on

Analysts expressed concerns regarding the sustainability of growth in the precious metals business and the potential impact of geopolitical factors on future performance. There were also questions about the integration of the Hermes acquisition and its effect on margins.

Main topics on the call

• Strong Revenue Growth — Loomis reported revenues of SEK 7.5 billion, with a currency-adjusted growth rate of 9.3%. CEO Aritz Uribiarte noted, "We delivered a strong first quarter with revenues close to SEK 7.5 billion despite an 11.6% negative ...
• Record Operating Margin — The operating margin reached a record 17.9%, driven by operational efficiency initiatives. Uribiarte stated, "The operating margin reached 17.9%, marking a new record for us."
• Acquisition of Hermes Transportes Blindados — Loomis announced the acquisition of Hermes, valued at SEK 1,450 million, which is expected to be immediately accretive to earnings per share. This acquisition marks Loomis's entry into the Peruvian market, enhancing its ...
• Impact of Currency Fluctuations — The company faced significant currency headwinds, with an 11.6% negative impact on revenues. However, management emphasized strong organic growth despite these challenges.

Read the full Loomis AB (publ) transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 30 Loomis AB (publ) earnings call transcripts on record, spanning February 5, 2020 to July 24, 2026. Based on this history, Loomis AB (publ) reports quarterly. The most recent call on file is dated July 24, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

LOOMIS

Exchange

OM

Country

SE

Sector

Industrials

Industry

Commercial Services and Supplies

Calls on record

30

First call

February 5, 2020

Most recent

July 24, 2026

Reporting cadence

quarterly