Slide 1: Q4 - 2015
Q4 - 2015 CEO: Lars Blecko Stockholm, February 4, 2016
Slide 2: Contents
Contents Highlights Q4 2015 Segments Financials Q&A 2
Slide 3: Highlights Q4 2015
Highlights Q4 2015 Organic growth 3 percent (2) - US growth 10% driven by new CMS and SafePoint sales, adjusted for fuel 12% - Positive developments in Spain, Turkey and Argentina Operating margin 11.6 percent (10.5) - Increased revenue share from CMS and SafePoint in the US - Continued efficien
Slide 4: Operating margin development
Highlights Operating margin development 4
Slide 5: Operating margin development
Highlights Operating margin development 5
Slide 6: Analysis of the Branches
Highlights Analysis of the Branches 6
Slide 7: Europe Q4 2015
Segments Europe Q4 2015 Organic growth 1 percent (0) Revenue development ‒ Positive growth in Turkey, UK, Argentina & Spain ‒ Partly offset by slight decline in the Nordic countries Real growth 4 percent (6) ‒ Acquisition of Cardtronic’s retail cash handling operations in the UK Operating margin
Slide 8: USA Q4 2015
Segments USA Q4 2015 Organic growth 10 percent (6) Revenue development ‒ SafePoint revenue continue to increase more than 20% ‒ Major CMS roll-outs completed ‒ Lower fuel fee impact of ~1.5pp Real growth 11 percent (6) ‒ Acquisition of Dunbar Global Logistics Operating margin development Opera
Slide 9: SafePoint as of year-end 2015
Segments SafePoint as of year-end 2015 163 Provisional Credit banks 1,792 Customers 14,626 Safes installed 9
Slide 10: USA Q4 2015
Segments USA Q4 2015 Revenue development by line of business 10
Slide 11: Investing in Quality drives Growth
Segments Investing in Quality drives Growth Buildings Trucks Track and Trace Coin processing 11
Slide 12: Pennsauken – case study on a roll-out
Segments Pennsauken – case study on a roll-out Pre roll-out Preparation Roll-out Fine tuning Post roll-out 12
Slide 13: Rochester – still in the midst of the roll-out
Segments Rochester – still in the midst of the roll-out Q4 2015 is still burdened by roll-out cost Pre roll-out Preparation Roll-out Fine tuning Post roll-out Dec 13
Slide 14: Loomis International Services Q4 2015
Segments Loomis International Services Q4 2015 Organic growth negative 12 percent (n/a) ‒ Temporary decline in transportation of precious metals ‒ Less art exhibitions Operating margin of 6.8 percent (9.5) ‒ Margin affected by temporary lower volumes 14
Slide 15: Statement of income
Financials Statement of income Statement of income 2015 2014 2015 2014 SEK m Oct-Dec Oct-Dec Full Year Full Year Revenue 4,144 3,714 16,097 13,510 Real growth, % 5 18 7 14 Organic growth, % 3 2 2 3 Operating income (EBITA) 479 389 1,703 1,370 Operating margin, % 11.6 10.5 10.6 10.1 Amortization -16
Slide 16: Financial targets – 2015-2017
Financial targets – 2015-2017 Targets Priorities • CMS in USA SEK 17 bn by 2017 • SafePoint in USA Revenue • International Services • M&A • Fewer underperforming ”branches” • Business mix ”less CIT more CMS and LI” Ebita Margin 10-12% • Benchmarking/Best Practice through the Loomis Model Max 3.0 (ne
Slide 17: Managing cash in society.
17 N Managing cash in society. BGO