In connection with the annual impairment testing, Loomis has assessed a need to record a non-cash impairment charge of goodwill of approximately SEK 320 million in the fourth quarter of 2025. Additionally, Loomis has identified the need to make a provision regarding the ongoing legal dispute in Denmark. Both of these items have no impact on revenues or operating profit (EBITA)1).
Loomis conducts an annual testing of goodwill and other acquisition-related intangible assets. In line with the outcome of this year's test, the company plans to recognize a non-cash impairment charge of approximately SEK 320 million in the fourth quarter of 2025, primarily related to the UK. As communicated in the interim report for the third quarter, the UK business was impacted by the ATM market consolidation, which has impacted future business projections.
Loomis also plans to make an additional provision in the fourth quarter of approximately SEK 40 million following a court ruling in the previously communicated legal dispute in Denmark that has been ongoing since 2018. All parts of this lawsuit have now entered the next phase, where the question of damages will be addressed in a separate process.
Both the impairment charge and the provision will be recognized as items affecting comparability in segment Europe and Latin America in the fourth quarter. There is no impact on revenues and operating profit (EBITA). The final charges will be reported and audited in connection with the full-year report for 2025, which will be published on February 4, 2026.
This press release is also available on the company's website, www.loomis.com.
For more information, please contact:
Jenny Boström
Head of Sustainability and IR
jenny.bostrom@loomis.com
+46 79 006 45 92
1) Earnings Before Interest, Taxes, Amortization of acquisition-related intangible fixed assets, Acquisition-related costs and revenue and items affecting comparability.
Loomis offers secure and effective comprehensive solutions for managing payments, including the distribution, handling, storage and recycling of cash and other valuables. Loomis' customers are mainly financial institutions and retailers. Loomis operates through an international network of around 400 branches in 27 countries. Loomis employs more than 24,000 people and had revenue in 2024 of more than SEK 30 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.
This information is information that Loomis AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 6.10 p.m. (CET) on December 11, 2025.