Year-end report April 1, 2003 - March 31, 2004

LAGERCRANTZ GROUP AB (publ)


· Net revenues increased to MSEK 1 568 (1 463).
· Income after taxes increased to MSEK 14 (9).
· Earnings per share increased to SEK 0.57 (0.34).
· Cash flow from current operations amounted to MSEK 72 (70).
· Jan Friis resigns as President and Chief Executive Officer and is
succeeded by CFO Per Ikov.
· The overall market outlook has improved.
· A dividend of SEK 0.90 is proposed (0.90).

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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Year-end report April 1, 2003 - March 31, 2004