Stockholm, Sweden — Loomis AB kicked off 2025 with a strong financial performance, reporting a 4.4% organic revenue growth in the first quarter. The cash handling and logistics company saw its revenues surpass SEK 7.6 billion, reflecting growth across all three of its business segments. This positive trend highlights the company’s ability to adapt and thrive in a competitive market.

Aritz Larrea, the CEO of Loomis, along with CFO Johan Wilsby and Head of Sustainability and Investor Relations Jenny Bostrom, discussed the quarter’s achievements during their recent earnings call. Larrea emphasized the particularly strong performance of the International business line, as well as notable double-digit growth in Automated Solutions and foreign exchange services.

Despite the company’s efforts to optimize performance, acquisitions played a minimal role in total revenue growth for the quarter, and currency fluctuations only slightly benefited results. Increased operational efficiency was a key factor, with Loomis enhancing its operating margin to 11.6%, up from 10.4% a year earlier. This improvement was accompanied by a strategic reduction in employee count.

The company’s operating cash flow demonstrated remarkable strength, with first-quarter figures representing 112% of its earnings before interest, taxes, and amortization (EBITA). Over the last 12 months, Loomis has achieved a cash conversion rate of 124%, powered by effective management of working capital, reduced capital expenditures, and increased EBITA. This robust cash flow aligns with Loomis’s ongoing strategy to reinvest in the business while returning value to shareholders.

The call also underscored Loomis’s commitment to sustainability and operational excellence. With a focus on enhancing its service offerings, Loomis is poised to navigate the challenges of the ever-evolving financial services sector. The leadership team expressed optimism about the future, driven by a strong market position and a dedication to innovation.

As Loomis progresses through 2025, its strategic initiatives toward expense control and operational effectiveness will likely play a crucial role in sustaining growth. The leadership reassures stakeholders of their continued focus on cash flow and profitability, setting a positive tone for the months ahead.