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Lagercrantz Group Interim Report 2011/12 Q3

2/8/2012 6:48 AM EST
1 April–31 December 2011 (9 months)

· Net revenue for the first nine months of the year increased by 13 percent to MSEK 1,663 (1,478).
· Operating profit increased by 29 percent to MSEK 132 (102). The operating margin was 7.9 percent (6.9).
· Profit after finance items increased to MSEK 123 (98). The outcome means the up to now highest profit for the most recent twelve-month period – MSEK 162.
· Profit after...

Lagercrantz Group acquires Vendig AB

11/24/2011 5:15 AM EST
Lagercrantz Group has today acquired all shares in the Swedish company Vendig AB.

Vendig is a niche player, which develops, manufactures and sells belt scrapers and other components for conveyors within the bulk handling industry in Sweden and the rest of Europe. The customers are found within the rock-, gravel- and mining industry. Vendig recorded sales in 2010/11 of approximately MSEK 30 with good profitability....

Interim Report 2011/12 Q2

11/8/2011 6:32 AM EST
1 April–30 September 2011 (6 months)

· Net revenue for the period grew by 15 percent to MSEK 1,094 (948), of which organic growth constituted 7 percent.
· Operating profit amounted to MSEK 92 (61), not including items of a one-time character in the amount of MSEK –2 during the second quarter, equivalent to an increase of 51 percent. The operating ­margin grew to 8.4 percent (6.4).
· Demand was good during the...

Share based incentive programme at Lagercrantz Group fully subscribed

9/28/2011 9:00 AM EST
The incentive programme resolved by the 2011 Annual General Meeting for managers and members of senior management in Lagercrantz Group for up to 180,000 call options to purchase class B shares held in treasury was fully subscribed. A total of 27 managers in the Group will acquire options under the 2011 programme.

The call options will be transferred at a price of SEK 3.30 per call option, equivalent to the market...

Lagercrantz Group appoints new CFO

9/28/2011 7:30 AM EST
Bengt Lejdström has been appointed new CFO at Lagercrantz Group AB. He will take up the position 1 January 2012 at the latest.

Bengt Lejdström is 49 years old and his most recent position was CFO at Intrum Justitia AB, listed on Nasdaq OMX Stockholm. Prior to that he held the same position at Acando AB. Bengt has broad experience from business controlling, operational management and mergers & acquisitions in many...

Annual General Meeting of Lagercrantz Group AB 30 August 2011

8/31/2011 2:30 AM EST
Resolutions including the following were passed by the Annual General Meeting and the ensuing statutory Board of Directors Meeting held 30 August 2011:

Dividend
A dividend of SEK 2.25 per share was declared in accordance with the proposal of the Board of Directors. Friday, 2 September 2011 is record day for receiving dividend that is expected to be remitted by Euroclear Sweden Wednesday, 7 September...

Notice to attend the Annual General Meeting of Lagercrantz Group AB (publ)

7/26/2011 2:15 AM EST
The shareholders of Lagercrantz Group AB (publ) (“the Company”) are hereby given notice to attend the Annual General Meeting to be held at 4:00 p.m., Tuesday, 30 August 2011, at IVA conference centre, Grev Turegatan 16, Stockholm.

NOTICE OF PARTICIPATION

Shareholders who wish to participate in the proceedings of the Annual General Meeting must:

1)     be entered under their own name (not in the name of a trustee)...

Interim Report 2011/12 Q1

7/21/2011 2:15 AM EST
1 April–30 June 2011

· Net revenue for the period grew by 22 percent to MSEK 555 (454).
· Operating profit increased by 73 percent to MSEK 45 (26). The operating margin was 8.1 percent (5.7).
· Demand was good during the beginning of the year, thus leading to increased revenue and profits. In addition, businesses acquired during the previous year contributed to the positive development.
· Profit after finance...

Lagercrantz Group management change

7/11/2011 9:45 AM EST
After seven years with the Group, Niklas Enmark, Chief Financial Officer and Executive Vice President of Lagercrantz Group AB, has chosen to leave his position at Lagercrantz to assume a position outside the Group. Recruitment of a new chief financial officer will begin and is expected to be completed during autumn 2011.   Stockholm, 11 July 2011 Lagercrantz Group AB (publ)

2010/11 Annual Report published

7/4/2011 8:00 AM EST
The 2010/11 Annual Report from Lagercrantz Group is today published at the corporate web site www.lagercrantz.com. Stockholm, 4 July 2011 Lagercrantz Group AB (publ)

Lagercrantz Group

Lagercrantz is a technology-trading organisation that operates within the areas of electronics, electrics, communication and associated fields. We occupy leading market positions in several expanding niches.

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