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Lagercrantz is a technology-trading organisation that operates within the areas of electronics, electrics, communication and associated fields. We occupy leading market positions in several expanding niches.

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  • Lagercrantz Group
    Torsgatan 2 SE-103 69 Stockholm
    +46 8 700 66 70
    +46 8 28 18 05
    http://www.lagercrantz.com
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    Lagercrantz Interim Report Q2 2024/25

    Second quarter (1 July – 30 September 2024) · Net revenue increased by 16% to MSEK 2,172 (1,871). · Operating profit (EBITA) increased by 16% to MSEK 387 (333), where the EBITA margin was 17.8% (17.8). · Profit after financial items (EBT) increased by 14% to MSEK 293 (258). · Cash flow from operating activities amounted to MSEK 261 (296). · Profit after taxes increased by 10% to MSEK 224 (204). · During the second quarter, two acquisitions were completed with total annual revenue of approximately MSEK 280. In addition, an agreement was signed for the acquisition of

    Lagercrantz’ share-based incentive programme fully subscribed

    The Annual General Meeting 2024 decided on a call option programme on repurchased class B shares, for Lagercrantz’ managers and senior executives. The share-based incentive programme of 800,000 call options has been fully subscribed by some 79 senior executives. The call options are transferred at a price of SEK 22.65 per call option, equivalent to the market value according to an external independent valuation, applying the Black & Scholes model. The exercise price amounts to SEK 233.90, which is equivalent to 125 percent of the average market price during the measuring period 3

    Lagercrantz acquires Mastsystem

    Lagercrantz has today signed an agreement to acquire 100% of the shares of Mastsystem Int’l Oy, a leading provider of high-performance telescopic masts. The masts are an integral part of leading air defence systems.Mastsystem is known for its technical excellence and high-performance product portfolio including telescopic field masts, vehicular masts, lifting pole and accessories. The products serve both prime contractors and defence end users. The company is headquartered in Joensuu, Finland since its founding in 1996. For more information, please visit https://www.mastsystem.com/.

    The Annual General Meeting of Lagercrantz Group AB on 26 August 2024

    At the Annual General Meeting of Lagercrantz Group AB on 26 August 2024, resolutions were passed on the following matters: Appropriation of the company’s profit and dividend The Annual General Meeting (AGM) adopted the Income Statement, the Balance Sheet, the Consolidated Income Statement and the Consolidated Balance Sheet for the financial year 2023/24. A dividend of SEK 1.90 per share was declared in accordance with the proposal of the Board of Directors. 28 August 2024 shall be the record day for receiving dividend, which is expected to be paid out on 2 September 2024.

    Notice to attend the Annual General Meeting of Lagercrantz Group AB (publ)

    The shareholders of Lagercrantz Group AB (publ) (“the Company”) are hereby given notice to attend the Annual General Meeting to be held at 4.00 p.m., on Monday, 26 August 2024, at IVA’s Conference Centre, Grev Turegatan 16 in Stockholm. The Board of Directors has decided to allow shareholders to exercise their voting rights by postal voting before the Annual General Meeting (AGM) in accordance with the Company’s articles of association.  NOTICE OF PARTICIPATION Attending the meeting venue in person In order to be entitled to attend the meeting in person, the shareholder must:

    Lagercrantz Interim Report Q1 2024/25

    first quarter (1 April – 30 June 2024) · Net revenue increased by 10% to MSEK 2,253 (2,045). · Operating profit (EBITA) increased by 8% to MSEK 386 (357), where the EBITA margin was 17.1% (17.5). · Profit after financial items (EBT) increased by 9% to MSEK 302 (277). · Cash flow from operating activities amounted to MSEK 235 (286). · Profit after taxes increased by 6% to MSEK 222 (209). · Return on equity amounted to 26% (28) and the equity ratio was 36% (38). · Earnings per share for the latest 12-month period increased to SEK 4.32 (SEK 4.25 for the 2023/24 financial

    Lagercrantz acquires CP Cases

    Lagercrantz has today acquired 87% of the shares in CP Global Ltd (UK), a leading supplier of high-performance protective cases and racks.CP Cases designs and manufactures high-performance protective cases and racks made of recyclable plastic, aluminium, and rugged textiles, used for the transit and storage of mission critical equipment in commercial and military applications. The cases are typically equipped with various climate and hazard control functions. The company was founded in 1969 and has since developed a broad range of in-house skills and knowledge with materials and processes.

    Lagercrantz acquires Principal Doorsets

    Lagercrantz has today acquired Principal Doorsets Limited, a UK provider of specialised fire doors.Principal Doorsets manufactures high-quality specialised, customised and certified fire-resistant doors. Typical end-customers are healthcare establishments, educational facilities and high-end residential apartment buildings, with a focus on the South and Southwest of the UK. Principal Doorsets is based in Barnstaple/Devon, England and has a turnover of around GBP 9 million with good profitability. For a presentation of the company, please visit https://www.principaldoorsets.com “

    Lagercrantz Year-End Report 2023/24

    fourth quarter (1 January – 31 March 2024) · Net revenue increased by 6% to MSEK 2,159 (2,040). · Operating profit (EBITA) increased by 14% to MSEK 390 (343), where the EBITA margin increased to 18.1% (16.8). · Profit after financial items (EBT) increased by 10% to MSEK 298 (272). · Cash flow from operating activities amounted to MSEK 378 (418). · Profit after taxes increased by 13% to MSEK 240 (213).  12 MONTHS (1 April 2023 – 31 March 2024) · Net revenue increased by 12% to MSEK 8,129 (7,246). · Operating profit (EBITA) increased by 19% to MSEK 1,431 (1,205),

    Lagercrantz completes the acquisition of Nordic Road Safety

    Lagercrantz has today completed the acquisition of 85% of the shares of Nordic Road Safety AB.Nordic Road Safety (NRS) is a market leader of permanent road safety systems and noise barriers. The largest market is Sweden with approximately 85% of the sales, the rest is exported to other European countries. For more information about NRS, please visit https://www.nordicroadsafety.com/en/home/ During 2023, NRS had revenues of approximately SEK 350 million, operating profits of approximately SEK 50 million and a return on working capital, P/WC, of almost 60%. The EV/EBITA multiple was

    Lagercrantz completes the acquisition of Prido

    Lagercrantz has today completed the acquisition of 96% of the shares of Prido AB.Prido is one of Europe’s largest manufacturers of industrial folding doors. The products are sold to a wide range of customer groups, particularly to smaller industrial companies. For more information about Prido, please visit https://www.prido.com In recent years, Prido has generated annual revenues of around MSEK 300 with operating profits (EBITA) of just under MSEK 70, and a return on working capital, P/WC (EBITA/operating WC) well above 100%. For the year ending April 30, annual revenues are expected to

    Lagercrantz acquires Prido

    Lagercrantz Group has today signed an agreement to acquire 96% of the shares in Prido AB, a manufacturer of high-quality industrial doors and gates, located in the southwestern Swedish province of Västergötland. The company is best known for its Ecolid folding door, of which the first version was introduced as far back as 1994 and it is still the best seller in Sweden.Prido was established in 1973 and has grown to become one of Europe’s largest manufacturers of industrial folding doors. Sales are usually made without intermediaries and to a wide range of customer groups, particularly to

    Lagercrantz interim report 1 April - 31 December 2023

    Third quarter (1 OcTOBER – 31 DECEMBER 2023) · Net revenue increased by 6% to MSEK 2,054 (1,941), where the acquired growth was 7% and the organic growth was minus 2%. · Operating profit (EBITA) increased by 9% to MSEK 353 (323), equivalent to an EBITA margin of 17.2% (16.6). · Profit after financial items (EBT) increased by 13% to MSEK 284 (251). · Profit after taxes increased by 13% to MSEK 225 (199).  NIne Months (1 april – 31 DECEMBER 2023) · Net revenue increased by 15% to MSEK 5,970 (5,206), where the acquired growth was 11% and the organic growth was 0.5%. ·

    Lagercrantz acquires Suomen Diesel Voima

    Lagercrantz has today acquired 86% of the shares in the Finnish company Suomen Diesel Voima Oy (SDV), a leading manufacturer of generator sets for backup power solutions and fire sprinkler pumps in Finland.Suomen Diesel Voima has comprehensive experience in design, engineering, manufacturing, and service of reliable generator sets and fire sprinkler pump solutions. Generator sets are used to ensure the functionality of critical systems in the event of a power failure or at sites where access to the electric grid is impossible, and fire sprinkler pumps are used in extinguishing systems to

    Lagercrantz acquires Nordic Road Safety

    Lagercrantz has today signed an agreement to acquire 85% of the shares of Nordic Road Safety AB (NRS). NRS is a leading supplier of permanent road safety through development, consulting, sales, project management and installation of safety barrier systems and noise barriers. The largest market is Sweden with approximately 85% of the sales, the rest is exported to other European countries.NRS, known for its deep competence, its innovative, certified products and high delivery precision, is based in Timrå, Sweden. During 2023, NRS is estimated to have revenues of approximately SEK 350 million,

    Lagercrantz acquires Material Handling Modules

    Lagercrantz has today acquired 97% of the shares of Material Handling Modules Europe AB (MHM), a leading Nordic supplier of modular conveyor and material handling systems to system integrators in the manufacturing and logistics automation industry. MHM is based in Glemmingebro in Skåne in the south of Sweden and generates annual revenue of about MSEK 90 with good profitability.“Based on a high level of competence and application knowledge, MHM has created a unique position in the industry and has built up a high level of trust among machine and system builders in Sweden and the Nordic

    Lagercrantz acquires DP Seals Ltd

    Lagercrantz has today acquired DP Seals Ltd, a leading supplier of rubber sealings and mouldings for high specification applications.DP Seals designs and manufactures customised rubber seals, gaskets and mouldings, with intricate geometries to the highest quality. In-house tooling design and manufacturing enables the company to produce parts meeting the requirements of the most demanding industrial equipment manufacturers. Applications such as aerospace programs, subsea energy connections and Formula 1 racing cars typically require the use of rubber compounds that can withstand extreme

    Lagercrantz Interim Report 1 April - 30 September 2023

    SECOND QUARTER (1 JULY – 30 SEPTEMBER 2023)•    Net revenue increased by 12% to MSEK 1,871 (1,668), of which organic growth amounted to -1%. •    Operating profit (EBITA) increased by 21% to MSEK 333 (275), equivalent to an EBITA margin of 17.8% (16.5).•    Profit after financial items (EBT) increased by 21% to MSEK 258 (214).•    Profit after taxes increased by 21% to MSEK 204 (168). THE FIRST SIX MONTHS (1 APRIL – 30 SEPTEMBER 2023)•    Net revenue increased by 20% to MSEK 3,917 (3,265), of which organic growth amounted to 2%.•    Operating profit (EBITA) increased by 28%

    Lagercrantz’ call option programme fully subscribed

    The Annual General Meeting 2023 decided on a call option programme on repurchased class B shares, for Lagercrantz’ managers and senior executives. The call option programme of 800,000 call options has been fully subscribed by some 85 senior executives. The call options are transferred at a price of SEK 13.30 per call option, equivalent to the market value according to an external independent valuation, applying the Black & Scholes model. The exercise price amounts to SEK 143.10 (which is equivalent to 125 percent of the average market price during the measuring period 5 September - 15

    Lagercrantz acquires Letti AS

    Lagercrantz has today acquired all the shares in the Norwegian company Letti AS. Letti is a leading manufacturer of installation materials and brackets for cables and cable ducts. The company is known for its high-quality and easy-to-use system consisting of tools and consumables. Sales occur directly and via distributors in the Nordic countries. Letti is based in Søndeled, Norway and is expected to generate annual revenue in 2023 of around MNOK 30 with good profitability. For more information about the company, please visit https://www.letti.no/.“We are proud and happy to be able to

    The Annual General Meeting of Lagercrantz Group AB on 29 August 2023

    At the Annual General Meeting of Lagercrantz Group AB on 29 August 2023, resolutions were passed on the following matters: Appropriation of the company’s profit and dividend The Annual General Meeting (AGM) adopted the Income Statement, the Balance Sheet, the Consolidated Income Statement and the Consolidated Balance Sheet for the financial year 2022/23. A dividend of SEK 1.60 per share was declared in accordance with the proposal of the Board of Directors. 31 August 2023 shall be the record day for receiving dividend, which is expected to be paid out on 5 September 2023. Discharge

    Notice to attend the Annual General Meeting of Lagercrantz Group AB (publ)

    The shareholders of Lagercrantz Group AB (publ) (“the Company”) are hereby given notice to attend the Annual General Meeting to be held at 4.00 p.m., on Tuesday, 29 August 2023, at IVA’s Conference Centre, Grev Turegatan 16 in Stockholm.The Board of Directors has decided to allow shareholders to exercise their voting rights by postal voting before the Annual General Meeting (AGM) in accordance with the Company’s articles of association. NOTICE OF PARTICIPATION Attending the meeting venue in person In order to be entitled to attend the meeting in person, the shareholder must: 1.

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