On Tuesday, December 9 Loomis was listed on the NASDAQ OMX Nordic exchange’s MidCap list. On the first day of trading the price varied between SEK 48.00 and SEK 61.25. The closing price was SEK 58.75 and the number of shares traded amounted to 2,845,539. In other words, the stock market showed great interest in us right from the first day.

The fact that we are now an independent listed company is one of the most important events in Loomis’ history, which stretches back more than 150 years.

Securitas, which was Loomis’ parent company, announced its plans to distribute the shares in the company to Securitas’ shareholders and to list the company back in the winter of 2007. However, it is only now that we have become ready to take this step.

Loomis has undergone extensive changes in the past year. We have established a strategy based on our core business – operating cost-effective cash handling services that exploit the Group’s synergies. But our starting point is that “business is local”, i.e. the fact that the customers, markets, regulations and operations in each of the countries in which we have a presence are unique.

We have also made strategic acquisitions in countries including France and the US, and have divested unprofitable operations.

The listing does not in itself bring about any direct changes other than those that have already taken place through streamlining and increased focus on service and quality. We have changed our organization, become more local and reduced the number of Group-wide functions. Among other things, this means that the majority of decisions affecting the actual operations are made close to and together with our customers.

Today we have turnover of around SEK 11 billion and employ more than 20,000 people in 12 countries. We are a leading player in the global market for the handling of cash in society. In 10 of the 12 countries in which we operate we are the number one or number two player, and we are number three in the other two markets. From this strong position our strategic aim is to become the globally leading player in cash transport.

We will achieve this through continued focus on our production costs and our efficiency and by further developing our risk and security work. To do this, it is essential that we take advantage of the unique expertise in cash handling that exists among the company’s more than 20,000 employees.


Stockholm, December 9, 2008
Lars Blecko
President and CEO