Kristian Ackeby - Loomis AB Chief Officer

LOIMF Stock  USD 31.98  2.03  6.78%   

Executive

Mr. Kristian Ackeby was appointed Chief Financial Officer of Loomis AB, effective as of August 27, 2018. He holds BS in Business and Economics, University of Skovde. He previously was CFO Lindab, Vice President Corporationrationrate Control within Autoliv Group and is former Financial Manager of Coop Inkop Kategori. He is Member of the Board of Naturstenskompaniet International AB. since 2018.
Age 46
Tenure 6 years
Phone46 8 52 29 20 00
Webhttps://www.loomis.com

Loomis AB Management Efficiency

The company has return on total asset (ROA) of 0.0556 % which means that it generated a profit of $0.0556 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1422 %, meaning that it generated $0.1422 on every $100 dollars invested by stockholders. Loomis AB's management efficiency ratios could be used to measure how well Loomis AB manages its routine affairs as well as how well it operates its assets and liabilities.
Loomis AB has accumulated 4.27 B in total debt with debt to equity ratio (D/E) of 0.9, which is about average as compared to similar companies. Loomis AB has a current ratio of 1.27, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Loomis AB until it has trouble settling it off, either with new capital or with free cash flow. So, Loomis AB's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Loomis AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Loomis to invest in growth at high rates of return. When we think about Loomis AB's use of debt, we should always consider it together with cash and equity.

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Loomis AB provides solutions for the distribution, handling, storage, and recycling of cash and other valuables in Sweden and internationally. Loomis AB was founded in 1852 and is headquartered in Stockholm, Sweden. Loomis Ab operates under Security Protection Services classification in the United States and is traded on OTC Exchange. It employs 24000 people. Loomis AB [LOIMF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Loomis AB Leadership Team

Elected by the shareholders, the Loomis AB's board of directors comprises two types of representatives: Loomis AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Loomis. The board's role is to monitor Loomis AB's management team and ensure that shareholders' interests are well served. Loomis AB's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Loomis AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stellan Abrahamsson, Chief Officer
Marten Lundberg, Human Resources Director
Sara Bjorkman, Chief Officer
Martti Ojanen, Group Head of Risk
Bjorn Zuger, Pres USA
Georges Periago, Regional President Southern Europe
Aritz Uribiarte, Pres CEO
Kristoffer Labuc, MD Pay
Kristian Ackeby, Chief Officer
Anders Haker, Chief Officer

Loomis Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Loomis AB a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Loomis Pink Sheet

Loomis AB financial ratios help investors to determine whether Loomis Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Loomis with respect to the benefits of owning Loomis AB security.