Loomis sets new goals:

Loomis sets new goals:


  · Operating margin of 10 percent (EBITA) by 2014
  · Higher dividend policy
  · Expansion in Europe and entry into Latin America

Loomis has established a number of new financial and operating goals for
the coming four years. Loomis' financial targets are to achieve an
operating margin (EBITA) of at least 10 percent by at latest 2014, a net
debt level not exceeding 2.5 times operating income before depreciation
and amortization (EBITDA) and operating cash flow amounting to at least
85 percent of operating income (EBITA).

The dividend to shareholders shall be 40-60 percent of net earnings,
which increases the span by 10 percentage points. In the two years that
Loomis has been a listed company the dividend has been around 40
percent.

Loomis' new operating goals include the company's intention to expand
into further European countries and to move into Latin America. The
latest country into which Loomis has expanded is the Czech Republic,
which took place in October this year. In the US Loomis expects to grow
through the acquisition of primarily small and medium-sized companies.
The latest acquisition, which was a medium-sized organization, was made
at the beginning of November.

One of Loomis' long-term goals is to increase the share of the business
consisting of comprehensive solutions rather than just cash
transportation. This means that the company aims to look after all its
customers' cash management requirements to a greater extent than
previously.

In recent years Loomis has worked intensively on improving efficiency
and profitability at its approximately 370 branch offices. One operating
goal to be achieved by 2014 is for the proportion of branch offices that
do not achieve the profitability target to reduce to 15 percent from the
current 27 percent.

17.11.2010
Lars Blecko
President and CEO
Cell number: +46 70 641 49 10

Loomis offers safe and effective solutions for the distribution,
handling and recycling of cash for banks, retailers and other commercial
companies via an international network consisting of more than 370
branch offices in 13 European countries and in the US. Loomis has 20 000
employees and a turnover of 12 billion Swedish kronor. Loomis is a
midcap listed company on 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 November 17th, 2010.