Slide 1: Second quarter 2023
Second quarter 2023 Aritz Larrea President & CEO July 21, 2023 Loomis Interim Report January – June 2023 1
Slide 2: At the centre of the payment ecosystem
At the center of the payment ecosystem At the centre of the payment ecosystem Loomis Interim Report January – June 2023 2
Slide 3: Market development: growing volumes and expanding our automated solutions
Market development Growing volumes and expanding our automated solutions Higher volumes and continued Significant growth for Loomis An exciting journey ahead of Equal access to cash and strong demand for our services Pay – both in terms of innovation and growth. payments is an increasingly across Eu
Slide 4: Q2 Highlights: Solid results in the quarter – strategic acquisition of Cima
Q2 Highlights Solid results in the quarter – strategic acquisition of Cima 7,072 7.7% 10.6% 36% Operating cash Revenue (SEKm) Organic growth Operating margin flow of EBITA Recent events • Record revenues • A solid organic • Increased volumes • Cash flow impacted • Strategic acquisition supported by
Slide 5: Loomis Group: Continued strong demand
Loomis Group Continued strong demand Revenue (SEK m) Operating margin (EBITA%) +13.8% +0.7 ppt (7.7% organic) 8 000 7 072 7 000 6 217 6 000 10.6% 10.0% 5 000 4 779 9.0% 4 239 4 000 3 000 4.8% 2 000 1 000 - Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2020 2021
Slide 6: Segment Europe and Latin America: Increased revenue and operating income
Segment Europe and Latin America Increased revenue and operating income Organic Operating Operating Revenue growth margin income (EBITA) 3,396 8.3% 10.4% 353 SEKm SEKm Steady increase in Strong performance. Efficiency measures Highest operating recurring revenue. Notably strong growth partially offs
Slide 7: Segment Europe and Latin America: Revenue growth and improved margin
Segment Europe and Latin America Revenue growth and improved margin Revenue (SEKm) Operating margin (EBITA %) +12.9% +0.1 ppt (8.3% organic) 4 000 16.0% 3 395 14.0% 3 500 3 007 3 000 12.0% 10.3% 10.4% 2 456 2 500 10.0% 2 052 2 000 8.0% 6.0% 1 500 6.0% 1 000 4.0% 500 2.0% - 0.0% Q1 Q2 Q3 Q4 Q1 Q2 Q3
Slide 8: Segment USA: Solid performance
Segment USA Solid performance Organic Operating Operating Revenue growth margin income (EBITA) 3,697 6.6% 13.9% 515 SEKm SEKm Steady increase in Continue to take market Strong margin despite Highest operating margin recurring revenue share with the 10th impact of overtime, (EBITA) for a second conti
Slide 9: Segment USA: Steadily increasing revenues and margin improvement
Segment USA Steadily increasing revenues and margin improvement Revenue (SEKm) Operating margin (EBITA %) +13.9% (6.6% organic) +0.7 ppt 4 000 3 697 20.0% 3 500 3 246 18.0% 15.1% 15.5% 16.0% 3 000 13.9% 14.0% 13.2% 2 500 2 348 2 206 12.0% 2 000 10.0% 8.0% 1 500 6.0% 1 000 4.0% 500 2.0% - 0.0% Q1 Q2
Slide 10: Segment Loomis Pay: Ramp up in transaction volumes
Segment Loomis Pay Revenue (SEKm) Ramp up in transaction volumes +115% (+109% organic) 12 • Revenue growth in all markets, both compared to Q2 5 2022 and Q1 2023 1 • More than doubled the number of live and transacting Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 customers in end of June 2023 compared to end of 20
Slide 11: Acquisition of Cima – a strategic milestone
Acquisition of Cima – a strategic milestone A proven track record of innovation and R&D within cash automation with well-known and high-quality solutions A perfect complement in terms of product offering and technological solutions Geographical presence and sales network gives us additional growth o
Slide 12: Snapshot of the transaction
Snapshot of the transaction Facts about Cima Transaction details • Founded: 1955 • Enterprise value: EUR 132m - 30 years experience in cash handling R&D + potential earn-out of up to EUR 17.5m • Headquarters: Mirandola, Italy • EV / EBITDA: • Revenue FY 2022: EUR 66 million - 8x based on FY 2022 and
Slide 13: Income statement
Loomis Group 2023 2022 Rolling 2022 Income statement SEK m Revenue Q2 7 072 Q2 6 217 12 months 27 354 Full year 25 315 Real growth, % 8.3% 17.7% 11.7% 15.9% Organic growth, % 7.7% 16.1% 11.2% 14.4% Items affecting comparability Gross income 1 694 1 638 7 191 6 775 1 Related to restructuring in segme
Slide 14: Record revenue and continued improvement in operating margin
Loomis Group Record revenue and continued improvement in operating margin Revenue (SEKbn) and operating margin (EBITA%) 35.0 12.1% 12.4% 13.0% 11.2% 11.5% 11.2% 10.8% 10.1% 10.6% 9.4% 9.9% 28.0 27.4 10.0% 25.3 21.0 21.0 19.2 19.7 7.0% 18.8 16.8 17.2 16.1 13.5 14.0 4.0% 7.0 1.0% 0.0 -2.0% 2014 2015 2
Slide 15: In summary: Solid performance across segments
In summary Solid performance across segments Segment USA Segment Europe and Latin America Revenue Organic Operating Revenue Organic Operating SEKm growth margin SEKm growth margin 3,697 6.6% 13.9% 3,396 8.3% 10.4% Loomis Pay Revenue Organic Transaction SEKm growth volumes 12 109% +74% Loomis Interim
Slide 16: Q&A
Q&A
Slide 17: LOOMIS
\ LOOMIS
Slide 18: Disclaimer: Forward looking statements
Disclaimer ”Forward looking statements” This presentation contains, or may be deemed to contain, forward-looking statements. These statements relate to future events or our future financial performance, including, but not limited to, strategic plans, potential growth, planned operational changes, ex