Interim Report 2012/13 Q1

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1 April – 30 June 2012

  • Net revenue for the first quarter of 2012/13 amounted to MSEK 566 (555).
  • Operating profit increased by 9 percent to MSEK 49 (45). The operating margin was 8.7 percent (8.1).
  • Profit after finance items increased by 12 percent to MSEK 47 (42).
  • Market demand was stable during the period in the Group’s operating areas. Focus on measures to strengthen margins and a growing proportion of proprietary products generate the profit improvement.
  • Profit after taxes improved by 10 percent to MSEK 34 (31).
  • Earnings per share after dilution for the first quarter amounted to SEK 1.52 (1.38) and to SEK 5.78 for the twelve-month period ending 30 June 2012 (SEK 5.63 for the 2011/12 financial year).
  • Cash flow from operating activities for the twelve-month period ending 30 June 2012 increased to MSEK 171 (150), equivalent to SEK 7.66 (6.73) per share.
  • The return on equity was 20 percent and the equity ratio was 48 percent (44) at the end of the period.
  • Agreements to acquire three companies have been entered into after the end of the period under review.
  • The Annual General Meeting for 2012 will be held 28 August 2012.

Stockholm 19 July 2012

Lagercrantz Group AB (publ)

For additional information, contact:

Jörgen Wigh, President & CEO, Lagercrantz Group AB, telephone +46 70 569 5477,
Bengt Lejdström, CFO, Lagercrantz Group AB, telephone +46 8 700 66 80 or webbsite 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 19 July 2012 at 12:00 am.

LAGERCRANTZ GROUP IN BRIEF
Lagercrantz is a technology group in the areas of electronics, electricity, communication and related fields. The Group’s companies deliver all its specialised products and solutions to other companies (B2B) and several of the companies are worldleaders in their respective niches. Lagercrantz is active in eight countries in Northern Europe and in China. The Group has about 800 employees and revenue of approximately SEK 2,300,000,000. The Company’s shares are listed on NASDAQ OMX Stockholm since 2001.
   The business is organised in four divisions. Division Electronics offers special products in embedded electronics, industrial wireless communication, RFID and lighting control. Division Mechatronics offers electric connections systems, electric installation materials, electric and electro-mechanical components and cabling. Division Communications offers products, systems, services and support in network access, digital image transmission/technical security, and software. Division Niche Products is the Group’s new division from April 2012. Here a number of interesting market positions will be built up primarily by acquiring profitable companies in interesting niches and with a large element of proprietary products.

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