Sweden's Loomis Q2 revenue beats on US unit strength

Loomis AB

24/07/2026 06:41

    

    Overview
  
Sweden cash logistics firm's Q2 revenue rose 9.1% currency-adjusted, beating analyst expectations
EBITA margin climbed to 14.0%, up over 1 percentage point yr/yr
Company expanded in Latin America with acquisitions in Argentina and Peru

    

    Outlook
  
Loomis did not provide specific financial guidance for the current or future periods

    

    Result Drivers
  
SEGMENT GROWTH - USA, Europe and Latin America segments contributed to Q2 performance, per CEO Aritz Larrea
INTERNATIONAL & AUTOMATED SOLUTIONS - Continued strength in International and Automated Solutions business lines supported growth, per CEO Aritz Larrea
ACQUISITIONS - Expansion in Latin America through acquisitions in Argentina and Peru contributed to growth

    
Company press release: ID:nWkr89Vs9t

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Revenue
Beat
SEK 7.89 bln
SEK 7.76 bln (3 Analysts)
Q2 Net Income
 
SEK 608 mln
 
Q2 ADJ-EBITDA
 
SEK 1.10 bln
 
Q2 EBITA
Beat
SEK 1.10 bln
SEK 1.04 bln (2 Analysts)
Q2 Pretax Profit
Beat
SEK 869 mln
SEK 849 mln (2 Analysts)
Q2 Organic Growth
 
6.70%
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy."
Wall Street's median 12-month price target for Loomis AB is SEK515.00, about 3.4% above its July 23 closing price of SEK498.00
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

    

    Reuters Recommended Reads
  
July 23 - Edenred raises 2026 core profit outlook on regulatory reset, half-year results beat
July 22 - Denmark's DSV Q2 revenue rises 24% on Schenker boost
July 23 - Switzerland's Kuehne+Nagel Q2 net turnover rises on air logistics strength

    
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)