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 declined to MSEK -1 (7).

· Earnings per share was SEK -0.04 (0.28) for the period April-September.

· Action programs implemented in division Electronics have created opportunities for a positive result during the second half of the year in the division.

· A new business area, Digital Image Transmission, was created as of October 1, 2004 to capitalize on growth opportunities in this area.


For additional information, please contact;
Per Ikov, CEO, telephone +46 (8) 700 66 70
Niklas Enmark, CFO, telephone +46 (8) 700 66 70

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 - September 30, 2004 (6 months)