Loomis AB (OSTO:LOOMIS)
kr 296.6 4.2 (1.44%) Market Cap: 20.87 Bil Enterprise Value: 25.71 Bil PE Ratio: 14.57 PB Ratio: 1.54 GF Score: 93/100

Q3 2022 Loomis AB Earnings Call Transcript

Oct 28, 2022 / 07:00AM GMT
Release Date Price: kr310 (+4.80%)
Operator

Ladies and gentlemen, thank you for standing by. Welcome, and thank you for joining the Q3 2022 Report of Loomis AB. (Operator Instructions)

I would now like to turn the conference over to Aritz Larrea, President and CEO. Please go ahead.

Aritz Larrea Uribiarte;publ;President;CEO
Loomis AB

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Thank you very much. Good morning, everyone, and welcome to the third quarter presentation for Loomis. My name is Aritz Larrea, and I'm the President and CEO of Loomis. And with me here today, I have Kristian Ackeby, our CFO; and Jenny Bostrom, our Head of Investor Relations. I will give a short overview of the third quarter, and then open up for questions.

Let's start the presentation by turning to Slide 3, market trends. Our strong performance continued during the third quarter despite the current economic uncertainties. We have seen volumes coming back after the pandemic lockdowns, and our revenues are increasing in every country we operate in. Retail sales keep growing, and we still see a

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