Loomis AB (OSTO:LOOMIS)
kr 292.4 5.8 (2.02%) Market Cap: 20.87 Bil Enterprise Value: 25.71 Bil PE Ratio: 14.36 PB Ratio: 1.52 GF Score: 91/100

Q4 2022 Loomis AB Earnings Call Transcript

Feb 02, 2023 / 08:00AM GMT
Release Date Price: kr326 (+1.88%)
Operator

Ladies and gentlemen, thank you for standing by. Welcome, and thank you for joining the Q4 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 fourth quarter presentation for Loomis. My name is Aritz Larrea, and I'm the CEO of Loomis. And with here me today, I have Kristian Ackeby, our CFO. I will give a short overview of the fourth quarter and then open up for questions.

Let's start the presentation by turning to Slide 3. Despite the current economic uncertainties, we continue seeing volumes increasing. Even in the face of sharp price rises and rising interest rates, consumers show resilience. International tourism has been showing good indications of revival since travel restrictions were loosened and lifted, which is supporting our FX business as well as domestic business

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