Continued organic growth during the third quarter

 
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Wednesday, 22 November 2017

Continued organic growth during the third quarter

January – September 2011

Loomis’ operating income (EBITA) *1) for the first three quarters of 2011 amounted to MSEK 646 (650), including exchange rate effects of MSEK –54. The operating margin amounted to 8.0 percent (7.8).

Revenue during the period amounted to MSEK 8,092 (8,342). Organic growth amounted to 1 percent (–1).

Income before taxes amounted to MSEK 497 (560) and net income after taxes amounted to MSEK 333 (364).

Cash flow from operating activities amounted to MSEK 466 (740), which is equivalent to 72 percent (114) of operating income (EBITA).

Earnings per share before dilution were SEK 4.56 (4.98), and Earnings per share after dilution were SEK 4.41 (4.82).

Third quarter

Operating income (EBITA) 1) for the third quarter amounted to MSEK 273 (271), including exchange rate effects of MSEK –8. The operating margin amounted to 9.5 percent (9.8).

Revenue during the third quarter amounted to MSEK 2,882 (2,765). Organic growth amounted to 1 percent (0).

Income before taxes during the quarter amounted to MSEK 247 (244) and net income after taxes amounted to MSEK 165 (157).

Cash flow from operating activities amounted to MSEK 277 (259), which is equivalent to 102 percent (95) of operating income (EBITA).

Earnings per share before dilution were SEK 2.26 (2.14), and Earnings per share after dilution were SEK 2.18 (2.07).

– The third quarter has been positive, in terms of earnings, key ratios and operations. I am pleased to report that we have experienced organic growth for the second consecutive quarter, which confirms that we are seeing a positive trend, states Loomis President and CEO, Lars Blecko.

*1) Earnings Before Interest, Tax, Amortization of acquisition-related intangible fixed assets, Acquisition-related costs and Items affecting comparability.

Loomis Website


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