Loomis AB (publ) (LOOMIS.ST)
Loomis AB (publ) operates in the Security & Protection Services industry of the Industrials sector, headquartered in Stockholm, AB, SE. The stock last traded at $549.00, down 1.26% on the session, giving a market capitalisation of $36.74B. Its beta of 0.52 implies it has historically moved less than the broad market.
Headquartered in Stockholm, Sweden, Loomis AB (publ) is a long-established company, founded in 1852, that provides comprehensive services for the secure handling, distribution, storage, and recycling of cash and other valuable items. Operating globally as well as within Sweden, the company offers a wide array of solutions, including secure cash transportation, sophisticated cash management systems, physical foreign currency services, ATM support, and international logistics for high-value goods. Loomis also extends its offerings to digital solutions with Loomis Pay, an integrated payment platform for merchants. As of February 2022, Loomis maintained a significant operational presence through a network of approximately 400 branches, serving banks, retailers, and various other commercial clients.
Loomis AB (publ) is most often compared with the following Industrials names: