Lagercrantz Group Q1 2009/10

Report this content

1 April – 30 June 2009 (3 months)

• Net revenue for the quarter amounted to MSEK 434 (532). • The Group’s businesses continued to adapt operations to the lower demand during the quarter. Actions focused on measures to reduce costs and working capital. • Operating profit for the first quarter 2009/10 amounted to MSEK 13 (33). The operating margin dropped to 3.0 percent (6.2). • Profit after financial items amounted to MSEK 10 (31) and profit after taxes to MSEK 7 (22). • Earnings per share amounted to SEK 0.32 (0.98). For the most recent twelve-month period earnings per share was SEK 2.39. • Cash flow per share from operating activities amounted to SEK 6.36 for the most recent twelve-month period (SEK 6.15 for the 2008/09 financial year). • The return on equity was 11 percent for the most recent twelve-month period (20 percent) and the equity ratio stood at 52 percent at the end of the period (49 percent at the beginning of the financial year). • The Annual General Meeting will be held 31 August 2009. The Board of Directors proposes a dividend of SEK 1.50 (1.50) per share. Lagercrantz Group AB (publ) For additional information, please contact: Jörgen Wigh, President & CEO, Lagercrantz Group, telephone +46 8 700 66 70. Niklas Enmark, CFO, Lagercrantz Group, telephone +46 8 700 66 70. 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 2009-07-21 at 12:20.

Subscribe

Documents & Links