Releases - Lagercrantz Group

1 April–30 September 2009 (6 months)

• Net revenue for the first six months of 2009/10 amounted to MSEK 837 (1,053).

• Market demand stabilised during the second quarter.

• Operating profit for the first six months of 2009/10 amounted to MSEK 25 (65). The operating margin declined to 3.0 percent (6.2).

• Profit after finance items amounted to MSEK 21 (61) and profit after taxes was MSEK 15 (42).

• Earnings...

The incentive programme resolved by the 2009 Annual General Meeting for members of senior management for up to 255,000 call options to purchase class B shares held in treasury was fully subscribed. A total of 23 members of senior management will acquire options under the 2009 programme.

The call options will be transferred at a price of SEK 2.00 per call option, equivalent to the market value according to a...

Resolutions including the following were passed by the Annual General Meeting and the ensuing statutory Board of Directors Meeting held 31 August 2009:

Dividend
A dividend of SEK 1.50 per share was declared in accordance with the proposal of the Board of Directors. Thursday, 3 September 2009 is record day for receiving dividend that is expected to be remitted by Euroclear Sweden (former VPC AB) Tuesday, 8 September...

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., 31 August 2009, 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 under their own name (not in the name of a nominee) in the...

The Board of Directors of Lagercrantz Group has decided to propose that the 2009 Annual General Meeting passes a resolution to offer managers in the Group to acquire call options on repurchased shares in the Company.

Number of call options − to be issued − shall be no more than 255,000. The right to acquire call options will accrue to members of senior management in the Lagercrantz Group in Sweden, Denmark,...

1 April – 30 June 2009 (3 months)
• Net revenue for the quarter amounted to MSEK 434 (532).
• The Group’s businesses continued to adapt operations to the lower demand during the quarter. Actions focused on measures to reduce costs and working capital.
• Operating profit for the first quarter 2009/10 amounted to MSEK 13 (33). The operating margin dropped to 3.0 percent (6.2).
• Profit after financial items...

The 2008/09 Annual Report from Lagercrantz Group is today published at the corporate web site www.lagercrantz.com. The Annual Report is designed for quick and easy reading over internet. PDF-files for downloading and printing the complete report or selected parts are available. Stockholm 30 June 2009 Lagercrantz Group AB (publ)

• Net revenue 2008/09 amounted to MSEK 2,138 (2,172).
• Forceful action was carried out to reduce costs and working capital during the latter part of the year.
• Operating profit amounted to MSEK 105 (131). The result is impacted by items affecting comparability in an amount of MSEK –21 (+4), mainly during the fourth quarter. The operating margin adjusted for these items was 5.9 % (5.8 %).
• Profit after finance...

• Net revenue for 9 months 2008/09 amounted to msek 1 610 (1 610).
• Operating profit increased by 4% to MSEK 95 (91). Operating margin increased tol 5.9% (5.7). This result includes one-off items in the amount of MSEK –4 compared to MSEK +3 preceding year.
• Profit after finance items increased to MSEK 89 (84) and profit after taxes to MSEK 64 (61).
• Restructuring actions to meet a weaker economy are currently...