Jul 24, 2024 / 08:00AM GMT
Aritz Larrea - Loomis AB - President, Chief Executive Officer
Thank you very much. Good morning, everyone, and welcome to the second quarter presentation for Loomis. My name is Aritz Larrea, and I'm the CEO of Loomis. And with me here today, I have our CFO, Johan Wilsby; and Jenny Boström, our Head of Sustainability and Investor Relations.
I will begin by giving a brief review of our business performance in the second quarter and an overview of our results before taking questions. Let's start the presentation by turning to slide number 2. We had a strong -- we had a record quarter in terms of both revenue and operating income.
We achieved revenues above SEK7.6 billion with growth across our three segments and most business lines. Acquisitions had a positive impact on our revenue, while the changes in currency rates had a negative impact due to hyperinflation currencies.
We achieved an organic growth of 7% despite continued cyclical headwinds in international business line. The demand for cash handling automated solutions continues to be high, and we have had double digit
Q2 2024 Loomis AB Earnings Call Transcript
Jul 24, 2024
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