Releases - Lagercrantz Group

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2004

 

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Lagercrantz Group acquires Frontyard Communications, thereby strengthening its ...

Lagercrantz Group AB has concluded an agreement with Frontyard AB’s estate in bankruptcy to acquire all shares outstanding in Frontyard Communications AB, a subsidiary.
The acquisition of Frontyard Communications is made in the focal area of Digital Image Transmission in Lagercrantz Group. This area is believed to offer substantial growth and is since October 1, 2004 organized as a business area consisting of...

Interim Report April 1 - September 30, 2004 (6 months)

· Net revenues for the period April 1 - September 30, 2004 (6 months) amounted to MSEK 770 (757), an increase by 1.7 percent. For the period July 1 - September 30 (3 months) net revenues amounted to MSEK 383 (383).

· Operating income during April-September amounted to MSEK 4 (14). Operating income for the second quarter was MSEK 1 (10).

· The result after taxes for the period April-September...

Interim Report April 1- June 30, 2004 (3 months)

Lagercrantz Group AB
Interim Report April 1-June 30, 2004 (3 months)

· Net revenues increased to MSEK 387 (374).
· Income after tax totalled MSEK 0 (2).
· Earnings per share amounted to SEK 0.00 (0.08).
· New President & Chief Executive Officer and new divisional
management in
· Electronics from May 2004.
· Measures being taken to restore profitability in division

Lagercrantz Group's Board of Directors decides on repurchase of own shares

The Board of Directors of Lagercrantz Group AB has today decided to exercise the authorization it has received from the Annual General Meeting held August 24, 2004 to repurchase shares in the Company.

The purpose of repurchases is to allow adjustment of the Group's capital structure and to enable the Group to acquire companies or businesses in the future with payment in own shares. By holding own shares...

Statutory Board of Directors Meeting in Lagercrantz Group AB

Chairman, Vice Chairman and President

Anders Börjesson was re-elected as Chairman. Tom Hedelius was re-elected as Vice Chairman. Per Ikov was appointed to continue as President and Chief Executive officer.


Stockholm, August 24, 2004

Lagercrantz Group AB (publ)
Board of Directors


For further information, contact:
Per Ikov, President and CEO,...

INTERIM REPORT APRIL 1-JUNE 30, 2004 (3 MONTHS)

INTERIM REPORT APRIL 1-JUNE 30, 2004 (3 MONTHS)

Annual General Meeting in Lagercrantz Group AB August 24, 2004

Among resolutions passed at the Annual General Meeting in Lagercrantz Group AB held August 24, 2004 were the following:


Dividend
A dividend of SEK 0.90 per share was resolved.

Discharge from liability for members of the Board of Directors and the President
The Annual General Meeting granted discharge from liability to the members of the Board of Directors and the President for...

ISG Systems AB concludes agreement to deliver system for traffic surveillance on...

ISG Systems AB in Höganäs, which since October 2003 is a unit of the Lagercrantz Group, has concluded an agreement with El & Industrimontage Svenska AB for delivery of camera-based surveillance of traffic on Norrortsleden in Stockholm.

The contract is worth in excess of MSEK 11 and contains options worth another MSEK 9 or so. The system includes 120 video cameras, the images from which are coded and...

ANNUAL REPORT 2003 / 2004

ANNUAL REPORT 2003 / 2004

Year-end report April 1, 2003 - March 31, 2004

LAGERCRANTZ GROUP AB (publ)


· Net revenues increased to MSEK 1 568 (1 463).
· Income after taxes increased to MSEK 14 (9).
· Earnings per share increased to SEK 0.57 (0.34).
· Cash flow from current operations amounted to MSEK 72 (70).
· Jan Friis resigns as President and Chief Executive Officer and is
succeeded by CFO Per Ikov.
· The overall market outlook has...

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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