Loomis AB (publ) (LOIMY) Q2 2026 Earnings Call Transcript

Loomis AB (publ) ( LOIMY ) Q2 2026 Earnings Call July 24, 2026 4:30 AM EDT Company Participants Aritz Uribiarte - President & CEO Johan Wilsby - Chief Financial Officer Conference Call Participants Simon Jönsson - ABG Sundal Collier Holding ASA, Research Division Dan Heimer - SEB, Research Division Viktor Lindeberg - DNB Carnegie, Research Division Presentation Operator Ladies and gentlemen, welcome to the Q2 2026 Report Conference Call. I am Myra, the Chorus Call operator.

The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Aritz Larrea, President and CEO. Please go ahead. Aritz Uribiarte President & CEO Thank you very much. Good morning, everyone, and welcome to the Loomis' Second Quarter 2026 Presentation. My name is Aritz Larrea, and I'm the CEO of Loomis. With me here today are our CFO, Johan Wilsby; and Jenny Boström, our Head of Sustainability and Investor Relations. I'll start by providing a brief summary of our second quarter results before opening the floor for questions. Let's begin by turning to Slide #2. We delivered a strong second quarter with revenue of almost SEK 7.9 billion. Currency-adjusted growth was above 9%, driven by strong organic growth and contributions from acquisitions. During the quarter, we saw very strong growth in our international and FXGS business lines, driven by increased demand for the transportation of precious metals. We also continue to deliver strong growth in our Automated Solutions business line. We increased our EBITA margin by more than 1 percentage point year-over-year to 14%. This represents the highest margin in our history, and I'm pleased to see that the restructuring and efficiency initiatives we have implemented continue to support margin expansion. Our robust cash flow enables us to continue investing in the business while also delivering attractive returns to our