Year-end Report 2013/14

Report this content

1 April 2013 – 31 March 2014 (12 months)

  • Net revenue in 2013/14 grew by 9 percent to MSEK 2,546 (2,328), which meant organic growth of 3 percent, not including currency effects.
  • Operating profit increased by 14 percent to MSEK 242 (213), equivalent to an operating margin of 9.5 percent (9.1).
  • Profit after finance items increased by 15 percent to MSEK 230 (200).
  • Profit after taxes amounted to MSEK 177 (159). Earnings per share after dilution increased by 10 percent and amounted to SEK 7.81 (7.07).
  • Cash flow from operating activities amounted to MSEK 231 (177), equivalent to SEK 10.19 (7.87) per share.
  • Return on equity came in at 24 percent (24). The equity ratio at the end of the period under review was 43 percent compared to 44 percent at the beginning of the financial year.
  • Three acquisitions were made during the 2013/14 financial year, with aggregate annual revenue of approximately MSEK 150.
  • The Board of Directors proposes an increase of the dividend to SEK 4.00 (3.25) per share.
  • The Class B share of the Lagercrantz Group was moved up to NASDAQ OMX Stockholm Stock Exchange Mid Cap list, effective as of January 2014.


1 January – 31 March 2014 (fourth quarter)

  • Net revenue for the fourth quarter increased by 12 percent to MSEK 694 (619), 8 percent of which was organic growth, not including currency effects.
  • Operating profit increased by 14 percent to MSEK 67 (59), equivalent to an operating margin of 9.7 percent (9.5).
  • Profit after finance items increased by 17 percent to MSEK 63 (54) and profit after taxes amounted to MSEK 49 (44).

For further information, contact:
Jörgen Wigh, President and CEO, Lagercrantz Group AB, tel +46 8 700 66 70,
Bengt Lejdström, CFO, Lagercrantz Group AB, tel +46 8 700 66 70,
or visit 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 12:15, 8 May 2014.

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.

Tags: