Releases - Lagercrantz Group

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2006

 

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Interim report 1 April – 30 September 2006 (6 months)

• Net revenues for the first six months increased by 15 percent to MSEK 887 (772). Revenues grew to MSEK 456 during the second quarter (385), equivalent to 18 percent.
• Result after financial items for the first six months increased by 39 percent to MSEK 39 (28). During the second quarter the result increased by 54 percent to MSEK 20 (13).
• Profit margin rose to 4.4 percent (3.6 percent) for the first six...

Lagercrantz Group acquires K&K in Finland.

Lagercrantz Group AB has today concluded an agreement to acquire all shares outstanding in K&K Active Oy and K&K Sales Oy. Three private individuals are the sellers.
K&K Active is a value-adding distributor of systems and components in the field of telecommunications systems and for access networks. The company has been active since 1994 and has displayed good earnings generation capability and strong revenue...

Incentive programme in Lagercrantz Group fully subscribed

The incentive programme resolved by the 2006 Annual Meeting for executives and members of senior management for up to 255,000 options to purchase class B shares held in treasury was fully subscribed. During 2006 a total of 27 executives and members of senior management will be awarded options under the programme.

During the measuring period 31 August – 13 September 2006 the average market price of the share was...

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 authorisation obtained from the Annual Meeting held 23 August 2006 to repurchase shares in the Company during the period until the next following regularly scheduled Annual Meeting.

The purpose of repurchases is to enable the Group to adapt its capital structure and to allow for future acquisitions of companies or businesses to be...

Statutory Board of Directors meeting in Lagercrantz Group AB 23 August 2006

Chairman, Vice Chairman and President

At the Annual Meeting, Anders Börjesson, was re-elected as Chairman of the Board of Directors.

At the Statutory Board of Directors meeting Tom Hedelius was re-elected as Vice Chairman. Jörgen Wigh was appointed to serve as President & Chief Executive Officer.


Stockholm, 23 August 2006


Lagercrantz Group AB (publ)

Board of Directors




For further information,...

Lagercrantz Group AB Annual Meeting 23 August 2006

Among the resolutions passed at the Lagercrantz Group AB Annual Meeting were the following:

Dividend
A dividend of SEK 1.00 was ratified in accordance with the proposal of the Board of Directors.

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

Interim report 1 April – 30 June 2006 (3 months)

• Net revenues during the first quarter (3 months) increased to MSEK 431 (387), equivalent to 11 percent.
• Operating income for the first quarter increased to MSEK 21 (15).
• Income after taxes increased to MSEK 14 (10).
• Earnings per share increased to SEK 0.59 (0.42).
• New group structure from 1 April 2006.
• Nordic Alarm AB is included from April 2006 and the Elpress group from June 2006.

For further...

Proposed incentive programme in Lagercrantz Group

The Board of Directors of Lagercrantz Group has decided to propose to the Annual Meeting 2006 to approve an incentive programme for managers and members of senior management in the Group.

The programme comprises a maximum of 35 employees in the Group and will be based on call options on class B shares held by Lagercrantz Group. The employee will acquire the options at market value. The number of shares to be...

Lagercrantz Group acquires Elpress

Lagercrantz Group has concluded an agreement to acquire all shares outstanding in Elpress AB. Seller is Atle Industri AB.

With its wholly owned subsidiaries Elpress A/S in Denmark and Elpress GmbH in Germany, Elpress AB is a leader in electric connection systems. The company’s products are aimed primarily at market segments with high requirements for performance and service level. The company commands a...

Lagercrantz Group AB Interim report 1 April 2005 – 31 March 2006 (12 months)

• Net revenues for the 2005/06 financial year increased to MSEK 1,608 (1,518), or by 6 percent. During the fourth quarter, 1 January – 31 March 2006, revenues increased to MSEK 431 (361), or by 19 percent.

• The operating result increased to MSEK 57 (4). The operating result during the fourth quarter increased to MSEK 1 5 (0).

• The result after taxes increased to MSEK 39 (5), MSEK 1 0 (6) of which during the...

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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