Loomis Ab · OMXSTO:LOOMIS
Loomis Ab — Investor Day (November 2010)
17 slides from Loomis Ab's investor day presentation, Nov 17, 2010
Slide 1: How we succeeded
How we succeeded Georges López Periago, Country President Spain Capital Market Day Stockholm, November 17, 2010
Slide 2: Spain – General Overview
Spain – General Overview • 16 Cash Centers, • 12 Sub Branches, • 400 Armoured Vehicles, • 2.300 Employees. Sub branches Cash Centers 2
Slide 3: The Evolution of the business
The Evolution of the business New Products / Comprehensive solutions 00´s Driver: Driver: Increased Increased Refinement of interest interest rate rate of of “One day process” >7% >7% ATMS 90´s Began outsourcing: CIT started to process cash Transport Transport 80´s company company Collections/ Deliv
Slide 4: Comprehensive solutions
Comprehensive solutions • Retail: • Bank: – SafePoint – Full ATM service (including, cash forecasting, – SafePoint replenishment and FLM, Evolution cashprocessing). – Cash Point – Service outsurcing – Back office for bank brances (including, cash forecasting, CIT and cash processing). 4
Slide 5: Keys to Success (I)
Keys to Success (I) • Specialised cash mananagement company (not just a cash in transit (CIT) company) • Reduction of cash process time (cash is processed in 16 hours) • Comprehensive solutions for our clients: – transport, – cash processing, – ATMs, – cash forecasting, – on-line information. • Afte
Slide 6: Keys to Success (II)
Keys to Success (II) • Business line organisation (total focus on his business line) • Large cash management centers in key areas (one of the biggest cash centres in Europe) • A combination of factors enables us to offer some of the lowest prices in Europe – Density, – Volume, – Service standardisat
Slide 7: Comprehensive solutions
Comprehensive solutions Cash Processing Transport 49% 51% 7
Slide 8: Spanish Cash Operating Process
Spanish Cash Operating Process Balance • Files Clients Statement • Paper Orders Through: Clients • File (98%) • Fax, etc. (2%) Preparation of Collection and Next day Deliveries Services (Note processing) 8:00 15:00 8:00 Day N-1 Day N Day N+1 Cash collected, processsed and banked in less than 16 hour
Slide 9: Client Profile Evolution
Client Profile Evolution Reduction of risk through diversification: 85% 72% 64% 60% 57% 55% 54% 53% 52% 47% 48% 45% 46% 43% 40% 36% 28% 15% Retail Retail Retail Retail Retail Retail Retail Retail Retail Bank Bank Bank Bank Bank Bank Bank Bank Bank 2001 2002 2003 2004 2005 2006 2007 2008 2009 9
Slide 10: Transport prices – Not only the stop…
Transport prices – Not only the stop… Frequency Number of bags Folded notes Time at client premises Stop Time window Day/night service Banking holidays Amount transported 10
Slide 11: Cash processing price – Not just counting…
Cash processing price – Not just counting… Deposit Mixed notes and coins Folded notes Coin separated Notes Multiple Balances per bag by denomination and coins Foreign currency Delivery of change One balance per bag 11
Slide 12: Price List
Price List • Pricing includes all concepts; • Different price for “bus” or “taxi” services; • All services have individual price; • Our goal is that our clients save money with our service; • A “No” from a client does not exist, they just haven’t the right price yet: Use Use imagination imagination
Slide 13: Reduction of branches of Bank of Spain
Reduction of branches of Bank of Spain 2001 2006 Reduction Reduction from from 52 52 to to 23 23 Bank Bank of of Spain Spain branches branches 13
Slide 14: Business Opportunity - The Recycling of Euronotes
Business Opportunity -The Recycling of Euronotes (ECB January 2005) • Objective: – To guarantee the authenticity and fitness of the notes issued by: • Bank branches, • ATMs. – Harmonization: • To have a common rule about note recycling for all financial institutions and cash handling professionals i
Slide 15: Recycling in Spain – two solutions
Recycling in Spain – two solutions • Authorised Official Recycling Centres: – Loomis’s installed machines are authorised by Bank of Spain to recycle; – All notes from banks, before returning to circulation, can be either checked by those machines or sent to Bank of Spain. • The Deposits of National
Slide 16: Actual Saving Banks Groups
Actual Saving Banks Groups 16
Slide 17: LOOMIS
\ LOOMIS Managing cash in society.