Interim Report 2011/12 Q2

1 April–30 September 2011 (6 months)

• Net revenue for the period grew by 15 percent to MSEK 1,094 (948), of which organic growth constituted 7 percent.
• Operating profit amounted to MSEK 92 (61), not including items of a one-time character in the amount of MSEK –2 during the second quarter, equivalent to an increase of 51 percent. The operating ­margin grew to 8.4 percent (6.4).
• Demand was good during the period. Good demand was recorded during the second quarter as well, with limited impact of the financial and political turbulence during the quarter.
• Profit after finance items increased to MSEK 84 (60). Profit after taxes increased to MSEK 63 (45).
• Earnings per share after dilution amounted to SEK 2.81 (2.05) and for the most recent twelve-month period to SEK 5.36 (4.61 for the 2010/11 financial year).
• The return on equity for the most recent twelve-month period was 22 percent (15) and the equity ratio stood at 43 percent (40).

1 July–30 September 2011 (quarter 2)

• Net revenue for the quarter increased by 9 percent to MSEK 539 (494), 5 percent of which was organic growth.
• Operating profit increased to MSEK 47 (35), not including items of a non-recurring character, which made for an operating margin of 8.7 percent (7.1). The margin for the second quarter is thus the highest recorded by the Group for any one single quarter.

Lagercrantz Group AB (publ)

For additional information, please contact:
Jörgen Wigh, President & CEO, Lagercrantz Group, telephone +46 8 700 66 70, or
the company website at: http://www.lagercrantz.com

This information is disclosed in accordance with the Securities Markets Act, the Financial Instruments Trading Act or according to the agreement with NASDAQ OMX Stockholm Exchange. The information was submitted for publication on 2011-11-08 at 12.15 CET.

LAGERCRANTZ GROUP IN BRIEF
Lagercrantz Group is a technology group in electronics, electrics, communication and adjacent areas. The Group operates in a decentralised mode with value-creating sales in close proximity to its customers and markets and has a leading position in several expansive niches.
Operations are organised in three divisions. Division Electronics is primarily involved in marketing solutions in wireless industrial communication and embedded systems. Division Mechatronics offers electro-mechanical components and production of cable harnesses, electrical connection, electrical installation material and niche steel products. Division Communications provides solutions in digital image transmission/technical security, design software and access products. Manufacturing companies are the primary customers. Lagercrantz is today represented in eight countries in Northern Europe, and in China.
The Group has sales of approximately MSEK 2,200 and has around 700 employees. Lagercrantz is listed on NASDAQ OMX Stockholm Exchange, segment Small Cap. Additional information is available at www.lagercrantz.com.

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