Releases - Lagercrantz Group

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2008

 

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INTERIM REPORT Period 1 April – 30 September 2008

11/11/2008 7:15 AM EST
• Net revenue for 6 months 2008/09 increased to MSEK 1,053 (1,048).

• Operating profit increased by 14 percent to MSEK 65 (57), equivalent to an operating margin of 6.2 percent (5.4 percent). This result includes one-time items in the amount of MSEK –3 compared to MSEK +2 during the preceding year.

• Profit after finance items rose to MSEK 61 (52).

• During the second quarter revenue increased to MSEK 521...

Incentive programme in Lagercrantz Group fully subscribed

10/14/2008 5:48 AM EST
The incentive programme resolved by the 2008 Annual General Meeting for executives and members of senior management for up to 180,500 options to purchase class B shares held in treasury was fully subscribed. A total of 27 executives and members of senior management will be awarded options under the 2008 programme.

The redemption price amounts to SEK 36.80 per share (which is equivalent to 125 percent of the...

Change in the votes and number of shares

9/30/2008 2:30 AM EST
It is hereby announced that the number of votes and shares in
Lagercrantz Group has changed during September. The reason for the
change is the cancellation without repayment of 1,240,923 class B shares
that the Company has previously repurchased on the strength of prior
annual general meetings. The resolution to cancel shares was approved at
the annual general meeting 1 September 2008.

The share capital has...

Annual General Meeting of Lagercrantz Group AB 1 September 2008

9/2/2008 2:00 AM EST
Resolutions including the following were passed by the Annual General Meeting and the ensuing statutory Board of Directors Meeting held 1 September 2008:

Dividend
A dividend of SEK 1.50 per share was declared in accordance with the proposal of the Board of Directors. Thursday, 4 September 2008 is record day for receiving dividend that is expected to be remitted by VPC Tuesday, 9 September 2008.

Discharge from...

Lagercrantz Group acquires communications company COBS AB

8/20/2008 2:10 AM EST
Lagercrantz has today concluded an agreement to acquire all shares outstanding in COBS AB. COBS develops and markets wireless telephony systems with functions for, among other things, personal security and positioning in one and the same mobile handset. Customers are found mostly in health care, security, the retail trade and industry.

COBS had revenue of approximately MSEK 50 during 2007 with good profitability....

Lagercrantz Group Q1 2008/09

8/14/2008 6:49 AM EST
Period 1 April – 30 June 2008
- Net revenue for the quarter amounted to MSEK 532 (533).

- Profit after financial items increased by 35 net of the effect of items of a non-recurring character during last year. Profit amounted to MSEK 31 (25), where items of a non-recurring character during last year amounted to MSEK 2.

- Operating profit amounted to MSEK 33 (28) and the operating margin was 6.2 percent...

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

7/25/2008 4:32 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., 1 September 2008, 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:
• be entered in the shareholders’ register maintained by VPC AB (not...

Proposed incentive programme in Lagercrantz Group

6/25/2008 8:58 AM EST
The Board of Directors of Lagercrantz Group has decided to propose that the 2008 Annual General Meeting passes a resolution to offer managers and senior officers in the Group to acquire call options on repurchased shares in the Company.

The proposal is based on the three-year recurring programme resolved by the 2006 Annual General Meeting under which approximately one third of the call options would be issued in...

Year-end report for the period 1 April 2007–31 March 2008

5/13/2008 6:54 AM EST
- Net revenue 2007/08 increased by 10 percent to MSEK 2,172 (1,974). Revenue during the fourth quarter amounted to MSEK 562 (557).
- Operating profit increased by 32 percent to MSEK 131 (99). During the fourth quarter profit increased to MSEK 40 (33).
- The operating margin for the for the full year increased to 6.0 percent (5.0 percent) and to 7.1 percent (5.9 percent) for the fourth quarter.
- Profit after...

Lagercrantz acquires CAD Kompagniet A/S

3/31/2008 10:41 AM EST
Lagercrantz has today concluded an agreement to acquire all shares outstanding in Danish company CAD Kompagniet A/S. CAD Kompagniet conducts consulting business in the CAD area (computer-aided design) and will work together with the software business in this area that Lagercrantz currently operates in its Communications division. CAD Kompagniet had 2007 revenue of almost MDKK 30 with good profitability. 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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