Loomis during the first six months of 2011: Organic growth

Loomis during the first six months of 2011: Organic growth

Loomis' operating income (EBITA)1)for the first six months of 2011
amounted to MSEK 374 (379), including exchange rate effects of MSEK -47.
The operating margin increased to 7.2 percent (6.8).

Revenue during the period amounted to a total of MSEK 5,210 (5,577).
Organic growth amounted to 1 percent (-2).

Operating income (EBIT) amounted to MSEK 281 (370), including
acquisition-related costs of -31 and an item affecting comparability of
MSEK -53. The item affecting comparability, which has previously been
communicated, is related to prior periods and is a consequence of
incorrect valuation of assets and liabilities in the Austrian
subsidiary.

Income before taxes amounted to MSEK 249 (316) and net income after
taxes amounted to MSEK 168 (207).

Cash flow from operating activities amounted to MSEK 190 (481), which is
equivalent to 51 percent (127) of operating income (EBITA).

Earnings per share before dilution were SEK 2.31 (2.84), and Earnings
per share after dilution were SEK 2.23 (2.74).

Second quarter
Operating income (EBITA)1)for the second quarter amounted to MSEK 195
(198), including exchange rate effects of MSEK -24. The operating margin
increased to 7.3 percent (7.0).

Revenue during the second quarter amounted to MSEK 2,683 (2,806).
Organic growth amounted to 2 percent (-1).

Operating income (EBIT) amounted to MSEK 114 (193), including
acquisition-related costs of -23 and an item affecting comparability of
MSEK -53. The item affecting comparability, which has previously been
communicated, is related to prior periods and is a consequence of
incorrect valuation of assets and liabilities in the Austrian
subsidiary.

Income before taxes during the second quarter amounted to MSEK 98 (167)
and net income after taxes amounted to MSEK 65 (103).

Cash flow from operating activities amounted to MSEK 113 (323), which is
equivalent to 58 percent (163) of operating income (EBITA).

Earnings per share before dilution were SEK 0.89 (1.41), and Earnings
per share after dilution were SEK 0.86 (1.36).

- “We have seen positive organic growth in the majority of the European
countries. Organic growth during the second quarter amounted to 3
percent inEuropeand to 2 percent for the Group as a whole. This is the
first time since we became a listed company in 2008 that we have
experienced positive organic growth during one individual quarter,”
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.

July 29, 2011

Lars Blecko
President and CEO
Cellphone:+46 70 641 49 10

Loomis offers safe and effective comprehensive solutions for the
distribution, handling and recycling of cash for banks, retailers and
other commercial companies via an international network of more than 370
centers of operation in 14 European countries and in the USA. The Group
has approximately 20,000 employees and annual revenues of SEK 11
billion. Loomis is a Mid-Cap listed Company on the NASDAQ OMX Stockholm.

Loomis AB discloses the information provided herein pursuant to the
Swedish Securities Market Act and/or the Financial Instruments Trading
Act. The information was submitted for publication at 08.00 a.m. (CET)
on July 29th, 2011.