Interim report April 1 - June 30, 2003 (3 months)

* Net revenues increased to MSEK 374 (360).
* Income after financial items improved to MSEK 3 (-6).
* Income after tax improved to MSEK 2 (-4).
* Earnings per share increased to SEK 0.08 (-0.15).
* The Group's financial position is strong. The equity ratio stands at
56 percent (56).
* The market situation is marked by continued weak demand.
* Further cost-containment action was implemented during the first
quarter within division Electronics.

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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Interim report April 1 - June 30, 2003 (3 months)