Interim Report 2013/14 Q2
Second quarter (1 July – 30 September 2013)
- Net revenue increased by 4 percent to MSEK 577 (556).
- Operating profit increased by 9 percent to MSEK 58 (53), equivalent to an operating margin of 10.1 percent (9.5), an all-time quarter high.
- Profit after finance items increased by 10 percent to MSEK 55 (50).
- Profit after taxes increased by 14 percent to MSEK 42 (37). Earnings per share after dilution for the twelve-month period ending 30 September 2013 was SEK 7.47 (7.07 for the 2012/13 financial year).
- Cash flow from operating activities for the twelve-month period ending 30 September 2013 was MSEK 204 (210), equivalent to SEK 9.01 (9.38) per share.
- The return on equity for the twelve-month period ending 30 September 2013 was 26 percent (23). The equity ratio stood at 41 percent at the end of the period, compared to 44 percent at the beginning of the financial year.
- Asept International AB, with annual revenue of MSEK 65, was acquired during the quarter.
First six months (1 April – 30 September 2013)
- Net revenue for the first six months of the financial year increased by 6 percent to MSEK 1,188 (1,122).
- Operating profit increased by 10 percent to MSEK 112 (102), equivalent to an operating margin of 9.4 percent (9.1).
- Profit after financial items increased by 10 percent to MSEK 107 (97).
- Profit after taxes increased by 14 percent to MSEK 81 (71).
Stockholm, 24 October 2013
Lagercrantz Group AB (publ)
For further information please contact:
Jörgen Wigh, President and CEO, Lagercrantz Group AB, tel +46 8 700 6670
Bengt Lejdström, CFO, Lagercrantz Group AB, tel +46 8 700 6670,
or the company website at: http://www.lagercrantz.com.
This information is being published in accordance with the Securities Markets Act, the Act on Trading in Financial Instruments or the regulations of NASDAQ OMX Stockholm. The information herein was provided for publication at 8:00 a.m., 24 October 2013.
LAGERCRANTZ GROUP IN BRIEF
Lagercrantz Group is a technology group that offers world-leading, value-creating technology, using either proprietary products or products from leading suppliers. The group is comprised of more than 30 companies, each with a focus on a specific sub-market – a niche. A high value-creation is common to all the subsidiaries, including a high degree of customisation, support, service and other services.
Lagercrantz Group is active in seven countries in Northern Europe, and in China. The Group has approximately 1000 employees and annual revenue of approximately MSEK 2,500. The Company is listed on NASDAQ OMX Stockholm since 2001.
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