Interim Report 2015/16 Q1

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1 April – 30 June 2015

  • Net revenue increased by 16 percent to MSEK 788 (677).
  • The sales mix continued to shift towards a larger proportion of proprietary products, which now represent more than 40 percent of consolidated revenue, compared to just over 30 percent in the same period of the previous year.
  • Operating profit increased by 23 percent to MSEK 79 (64), equivalent to an operating margin of 10.0 percent (9.5).
  • Profit after financial items increased by 25 percent to MSEK 76 (61).
  • Profit after taxes increased by 23 percent to MSEK 58 (47).
  • Earnings per share after dilution amounted to SEK 2.55 for the quarter (2.07) and to SEK 9.46 for the moving 12-month period, compared to SEK 8.96 for the 2014/15 financial year.
  • The return on equity was 23 percent (23). The equity ratio at the end of the period was 41 percent compared to 44 percent at the beginning of the quarter.
  • The Annual General Meeting will be held on 25 August 2015 at 4 p.m. at IVA’s Conference Centre in Stockholm.
  • The Board of Directors intends to propose resolutions in the notice convening the Annual General Meeting, inter alia, on a 3:1 split and an increase in the dividend to SEK 4.50 (4.00) per share.    

Stockholm, 17 July 2015

Lagercrantz Group AB (publ)

For additional information, please contact:

Jörgen Wigh, President & CEO, Lagercrantz Group AB, telephone +46 8 700 66 70
Bengt Lejdström, Chief Financial Officer, Lagercrantz Group, tel +46 8 700 66 00,
or visit 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 Stockholm Exchange. The information was submitted for publication on 17 July 2015 at 08:00.

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 some 40 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, in China and in the US. The Group has approximately 1,200 employees and annual revenue of approximately MSEK 2,800. The Company is listed on Nasdaq Stockholm since 2001.

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