Upcoming Dividend • Aug 19
Upcoming dividend of kr2.50 per share Eligible shareholders must have bought the stock before 26 August 2026. Payment date: 01 September 2026. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of British dividend payers (5.3%). Higher than average of industry peers (0.9%). Announcement • Aug 19
Lagercrantz Group AB (publ) (OM:LAGR B) acquired 88% stake in bf1systems ltd. Lagercrantz Group AB (publ) (OM:LAGR B) acquired 88% stake in bf1systems ltd. on August 17, 2026. MD James Welham and Business Development Director James Shingleton will retain 12% ownership of the shares in the company. bf1 will become part of Lagercrantz’ Control division.
The company generates revenue of £18 million.
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of 88% stake in bf1systems ltd. on August 17, 2026. Recent Insider Transactions • Aug 09
Independent Director recently bought kr500k worth of stock On the 5th of August, Anna Marsell bought around 2k shares on-market at roughly kr235 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.9m more in shares than they have sold in the last 12 months. Buy Or Sell Opportunity • Jul 20
Now 25% overvalued Over the last 90 days, the stock has fallen 3.8% to kr234. The fair value is estimated to be kr187, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 25% in the next 2 years. Reported Earnings • Jul 08
Full year 2026 earnings released: EPS: kr5.82 (vs kr4.95 in FY 2025) Full year 2026 results: EPS: kr5.82 (up from kr4.95 in FY 2025). Revenue: kr10.6b (up 13% from FY 2025). Net income: kr1.20b (up 18% from FY 2025). Profit margin: 11% (in line with FY 2025). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • May 21
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to kr255. The fair value is estimated to be kr211, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 7.4% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Declared Dividend • May 21
Dividend increased to kr2.50 Dividend of kr2.50 is 14% higher than last year. Ex-date: 26th August 2026 Payment date: 1st September 2026 Dividend yield will be 1.0%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 43%. Cash payout ratio: 41%. Announcement • May 20
Lagercrantz Group AB (publ) announces Annual dividend, payable on September 01, 2026 Lagercrantz Group AB (publ) announced Annual dividend of SEK 2.5000 per share payable on September 01, 2026, ex-date on August 26, 2026 and record date on August 27, 2026. Reported Earnings • May 20
Full year 2026 earnings released: EPS: kr5.82 (vs kr4.95 in FY 2025) Full year 2026 results: EPS: kr5.82 (up from kr4.95 in FY 2025). Revenue: kr10.6b (up 13% from FY 2025). Net income: kr1.20b (up 18% from FY 2025). Profit margin: 11% (in line with FY 2025). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 19
Lagercrantz Group AB (publ), Annual General Meeting, Aug 25, 2026 Lagercrantz Group AB (publ), Annual General Meeting, Aug 25, 2026. Location: stockholm Sweden Announcement • Apr 30
Lagercrantz Group AB (publ) (OM:LAGR B) acquired 95% stake in Hycon A/S. Lagercrantz Group AB (publ) (OM:LAGR B) acquired 95% stake in Hycon A/S on April 29, 2026.
As part of the acquisition, Hycon will become part of Lagercrantz’s Control division as of April 2026. Co-owner and Chief Executive Officer Martin Møller will retain a 5% ownership stake in the company. The acquisition is expected to have a marginally positive effect on the Group’s earnings per share.
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of 95% stake in Hycon A/S on April 29, 2026. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to kr248, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total returns to shareholders of 105% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr176 per share. Buy Or Sell Opportunity • Apr 08
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 1.9% to kr210. The fair value is estimated to be kr173, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Announcement • Apr 03
Lagercrantz Group AB (publ) (OM:LAGR B) acquired Michael Smith Switchgear Limited. Lagercrantz Group AB (publ) (OM:LAGR B) acquired Michael Smith Switchgear Limited on April 2, 2026. MS Switchgear will be part of the Electrify division as of April 2026. The acquisition is expected to generate a small positive contribution to Lagercrantz Group's earnings per share on an annual basis. The management team will continue to lead MS Switchgear within the Lagercrantz Group.
For the period ending December 31, 2025, Michael Smith Switchgear Limited reported total revenue of £8 million.
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of Michael Smith Switchgear Limited on April 2, 2026. Buy Or Sell Opportunity • Mar 04
Now 21% overvalued Over the last 90 days, the stock has fallen 3.9% to kr211. The fair value is estimated to be kr174, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Reported Earnings • Feb 06
Second quarter 2026 earnings released: EPS: kr1.26 (vs kr1.09 in 2Q 2025) Second quarter 2026 results: EPS: kr1.26 (up from kr1.09 in 2Q 2025). Revenue: kr2.46b (up 13% from 2Q 2025). Net income: kr260.0m (up 16% from 2Q 2025). Profit margin: 11% (in line with 2Q 2025). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Feb 06
Now 30% overvalued after recent price rise Over the last 90 days, the stock has risen 1.4% to kr222. The fair value is estimated to be kr171, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Buy Or Sell Opportunity • Jan 13
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at kr207. The fair value is estimated to be kr172, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Announcement • Nov 26
Lagercrantz Group AB (publ) (OM:LAGR B) acquired 85% stake in I Holland Limited. Lagercrantz Group AB (publ) (OM:LAGR B) acquired 85% stake in I Holland Limited on November 25, 2025. I Holland will be part of the TecSec division as of November 2025.
For the period ending December 31, 2024, I Holland Limited reported total revenue of £27 million. The management team, comprising Javier Raposo, Rob Chatwin and Matthew Pullen, will continue to lead I Holland within the Lagercrantz Group and will together retain 15% of the shares in the company.
The acquisition is expected to generate a small positive contribution to Lagercrantz Group's earnings per share on an annual basis.
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of 85% stake in I Holland Limited on November 25, 2025. Recent Insider Transactions • Nov 23
Independent Chairman of the Board recently bought kr728k worth of stock On the 19th of November, Fredrik Börjesson bought around 4k shares on-market at roughly kr208 per share. This transaction amounted to 5.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Fredrik has been a buyer over the last 12 months, purchasing a net total of kr762k worth in shares. Reported Earnings • Oct 26
Second quarter 2026 earnings released: EPS: kr1.26 (vs kr1.09 in 2Q 2025) Second quarter 2026 results: EPS: kr1.26 (up from kr1.09 in 2Q 2025). Revenue: kr2.46b (up 13% from 2Q 2025). Net income: kr260.0m (up 16% from 2Q 2025). Profit margin: 11% (in line with 2Q 2025). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Oct 02
Now 21% overvalued Over the last 90 days, the stock has fallen 13% to kr206. The fair value is estimated to be kr170, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Upcoming Dividend • Aug 20
Upcoming dividend of kr2.20 per share Eligible shareholders must have bought the stock before 27 August 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (1.3%). Announcement • Jul 24
Lagercrantz Group AB (publ), Annual General Meeting, Aug 26, 2025 Lagercrantz Group AB (publ), Annual General Meeting, Aug 26, 2025, at 04:00 W. Europe Standard Time. Location: at ivas conference centre, grev turegatan, 16 in stockholm., stockholm Sweden Reported Earnings • Jul 09
Full year 2025 earnings released: EPS: kr4.95 (vs kr4.26 in FY 2024) Full year 2025 results: EPS: kr4.95 (up from kr4.26 in FY 2024). Revenue: kr9.39b (up 16% from FY 2024). Net income: kr1.02b (up 16% from FY 2024). Profit margin: 11% (in line with FY 2024). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 02
Lagercrantz Group AB (publ) (OM:LAGR B) acquired Friggerakers Verkstader Ab. Lagercrantz Group AB (publ) (OM:LAGR B) acquired Friggerakers Verkstader Ab on July 1, 2025.
For the period ending December 31, 2024, Friggerakers Verkstader Ab reported total revenue of SEK 110 million.
Johan Winnerblad of Advokatfirman Vinge KB acted as legal advisor for Lagercrantz Group AB.
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of Friggerakers Verkstader Ab on July 1, 2025. Declared Dividend • Jun 25
Dividend increased to kr2.20 Dividend of kr2.20 is 16% higher than last year. Ex-date: 27th August 2025 Payment date: 2nd September 2025 Dividend yield will be 1.0%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 44%. Cash payout ratio: 39%. Announcement • Jun 24
Lagercrantz Group AB (publ) announces Annual dividend, payable on September 02, 2025 Lagercrantz Group AB (publ) announced Annual dividend of SEK 2.2000 per share payable on September 02, 2025, ex-date on August 27, 2025 and record date on August 28, 2025. Buy Or Sell Opportunity • Jun 19
Now 21% overvalued Over the last 90 days, the stock has fallen 2.1% to kr220. The fair value is estimated to be kr182, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Announcement • Jun 11
Lagercrantz Group AB (publ) (OM:LAGR B) acquired Epoke A/S. Lagercrantz Group AB (publ) (OM:LAGR B) acquired Epoke A/S on June 10, 2025.
For the period ending December 31, 2024, Epoke A/S reported total revenue of DKK 240 million.
Post completion of the acquisition, Epoke will be part of Division International, and the acquisition is expected to have a small positive impact on Lagercrantz Group's earnings per share.
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of Epoke A/S on June 10, 2025. Announcement • Jun 05
Lagercrantz Group AB (publ) (OM:LAGR B) acquired Ab Orax. Lagercrantz Group AB (publ) (OM:LAGR B) acquired Ab Orax on June 4, 2025. Orax will become part of Lagercrantz’s Control division as of June 2025.
For the period ending December 31, 2024, Ab Orax reported total revenue of SEK 50 million. The acquisition is expected to have a marginally positive impact on the Group’s earnings per share.
Johan Winnerblad, Sofia Sallnäs and Ellenor Eckerborn of Advokatfirman Vinge Ab acted as legal advisor for Lagercrantz Group AB.
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of Ab Orax on June 4, 2025. Recent Insider Transactions • May 24
Director recently bought kr1.1m worth of stock On the 22nd of May, Anders Claeson bought around 5k shares on-market at roughly kr222 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.9m more in shares than they have sold in the last 12 months. Announcement • May 21
Lagercrantz Yearlagercrantz Group AB (publ) Proposes Dividend for the Year Ended March 31, 2025 Lagercrantz Group AB (publ) proposed a dividend of SEK 2.20 per share for the year ended March 31, 2025 compared to (1.90) per share, an increase of 16% compared to 2023/24. Reported Earnings • May 20
Full year 2025 earnings released: EPS: kr4.95 (vs kr4.26 in FY 2024) Full year 2025 results: EPS: kr4.95 (up from kr4.26 in FY 2024). Revenue: kr9.39b (up 16% from FY 2024). Net income: kr1.02b (up 16% from FY 2024). Profit margin: 11% (in line with FY 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Mar 12
Now 20% overvalued Over the last 90 days, the stock has fallen 2.2% to kr214. The fair value is estimated to be kr178, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 9.7% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Announcement • Feb 21
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of Van Leeuwen Test Group B.V. from Theo Van Leeuwen. Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire Van Leeuwen Test Group B.V. from Theo Van Leeuwen on December 20, 2024. The acquisition is subject to regulatory approval in the UK. In a related transaction for Track Analysis Systems Ltd is an add-on acquisition for Radonova is Lagercrantz’s subsidiary. VLT will become part of the Niche Products division. Theo Van Leeuwen, Managing Director and owner, who will stay on as an advisor to the company. The acquisition will not have any major impact on Lagercrantz' earnings per share. The transaction is completion expected in February 2025. Van Leeuwen Test Group B.V. generated revenue of €20 million for period ending December 31, 2023.
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of Van Leeuwen Test Group B.V. from Theo Van Leeuwen on February 20, 2024.The transaction has now received the necessary regulatory approvals. VLT will be part of the Niche Products division starting in February 2025. The acquisition is expected to generate a marginally positive contribution to Lagercrantz’s earnings per share. Buy Or Sell Opportunity • Feb 03
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to kr232. The fair value is estimated to be kr187, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Announcement • Feb 01
Lagercrantz Group AB (publ) to Report Q4, 2026 Results on May 19, 2026 Lagercrantz Group AB (publ) announced that they will report Q4, 2026 results on May 19, 2026 Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: kr1.30 (vs kr1.09 in 3Q 2024) Third quarter 2025 results: EPS: kr1.30 (up from kr1.09 in 3Q 2024). Revenue: kr2.46b (up 20% from 3Q 2024). Net income: kr267.0m (up 19% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Jan 15
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 9.1% to kr207. The fair value is estimated to be kr168, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Buy Or Sell Opportunity • Dec 02
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 6.5% to kr201. The fair value is estimated to be kr166, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Recent Insider Transactions • Nov 22
Director recently bought kr318k worth of stock On the 18th of November, Anna Marsell bought around 2k shares on-market at roughly kr196 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr652k more in shares than they have sold in the last 12 months. Announcement • Nov 20
Lagercrantz Group AB (publ) (OM:LAGR B) acquired Mastsystem Int'l Oy. Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire Mastsystem Int'l Oy on September 13, 2024. Mastsystem is generating an annual revenue of around €15 million with EBITA of around €6 million. The acquisition will be done at an EV/EBITA multiple of approximately 7x. The acquisition is subject to approval by the Finnish authorities, which is now taking place. Mastsystem will be part of the division Electrify. The acquisition is expected to generate a small positive addition to Lagercrantz’ earnings per share.
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of Mastsystem Int'l Oy on November 20, 2024. Starting in December 2024, Mastsystem will be integrated into Division Electrify. Reported Earnings • Oct 25
Second quarter 2025 earnings released: EPS: kr1.09 (vs kr0.99 in 2Q 2024) Second quarter 2025 results: EPS: kr1.09 (up from kr0.99 in 2Q 2024). Revenue: kr2.17b (up 16% from 2Q 2024). Net income: kr224.0m (up 9.8% from 2Q 2024). Profit margin: 10% (in line with 2Q 2024). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 22% per year. Buy Or Sell Opportunity • Oct 25
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to kr200. The fair value is estimated to be kr164, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 26% in the next 2 years. Announcement • Sep 13
Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire Mastsystem Int'l Oy. Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire Mastsystem Int'l Oy on September 13, 2024. Mastsystem is generating an annual revenue of around €15 million with EBITA of around €6 million. The acquisition will be done at an EV/EBITA multiple of approximately 7x. The acquisition is subject to approval by the Finnish authorities, which is now taking place. Mastsystem will be part of the division Electrify. The acquisition is expected to generate a small positive addition to Lagercrantz’ earnings per share. Upcoming Dividend • Aug 20
Upcoming dividend of kr1.90 per share Eligible shareholders must have bought the stock before 27 August 2024. Payment date: 02 September 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (1.5%). Declared Dividend • Aug 04
Dividend increased to kr1.90 Dividend of kr1.90 is 19% higher than last year. Ex-date: 27th August 2024 Payment date: 2nd September 2024 Dividend yield will be 1.2%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 44%. Cash payout ratio: 34%. Recent Insider Transactions • Jul 31
Director recently bought kr300k worth of stock On the 25th of July, Anna Marsell bought around 2k shares on-market at roughly kr172 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr484k more in shares than they have sold in the last 12 months. Buy Or Sell Opportunity • Jul 22
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 9.2% to kr177. The fair value is estimated to be kr147, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Announcement • Jul 18
Lagercrantz Group AB (publ) (OM:LAGR B) acquired 87% stake in C P Cases Limited. Lagercrantz Group AB (publ) (OM:LAGR B) acquired 87% stake in C P Cases Limited on July 17, 2024. CP Cases will be part of Lagercrantz’ Control division as of July 2024. The founder and MD of C P Cases, Peter Ross and the US General Manager Peter Gill of C P Cases, will retain 13% ownership of the shares in C P Cases. The acquisition is expected to have a marginally positive effect on Lagercrantz's earnings per share.
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of 87% stake in C P Cases Limited on July 17, 2024. Reported Earnings • Jul 08
Full year 2024 earnings released: EPS: kr4.26 (vs kr3.73 in FY 2023) Full year 2024 results: EPS: kr4.26 (up from kr3.73 in FY 2023). Revenue: kr8.13b (up 12% from FY 2023). Net income: kr877.0m (up 16% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 21% per year. Reported Earnings • May 19
Full year 2024 earnings released: EPS: kr4.26 (vs kr3.71 in FY 2023) Full year 2024 results: EPS: kr4.26 (up from kr3.71 in FY 2023). Revenue: kr8.13b (up 12% from FY 2023). Net income: kr877.0m (up 16% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 22% per year. Announcement • May 18
Lagercrantz Group AB (publ) Proposes Dividend for the Year Ended March 31, 2024 Lagercrantz Group AB (publ)'s board of directors proposed an increased dividend by 19% to SEK 1.90 (1.60) per share for the year ended March 31, 2024. Announcement • Mar 07
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of 85% stake in Nordic Road Safety AB. Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire 85% stake in Nordic Road Safety AB on December 22, 2023. The acquisition is subject to approval by the authorities. The acquisition is subject to regulatory approval and is expected to close in March 2024. Claes Kjellberg, Maja Uppgren, Nicolina Hultgren Farsani, Philip Thorell and Josephine Gjerstad Medina of acted as the legal advisor to Hannes Snellman Advokatbyrå Ab. Johan Winnerblad and Eléonore Friberg of Advokatfirman Vinge KB acted as the legal advisor to Nordic Road Safety AB.Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of 85% stake in Nordic Road Safety AB on December 22, 2023. Nordic Road Safety had revenues of approximately SEK 350 million, operating profits of approximately SEK 50 million during 2023. Announcement • Feb 23
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of 96% stake in Prido Ab. Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire 96% stake in Prido Ab on February 7, 2024. Prido will be part of the Niche Products division. In recent years, Prido has generated annual revenue of around SEK 300 million with an operating profit (EBITA) of just under SEK 70 million. The acquisition is subject to approval by the authorities which is now taking place ahead of anticipated takeover latest March 2024. Johan Winnerblad, Johan Cederblad from Advokatfirman Vinge KB acted as legal advisors to Lagercrantz Group AB (publ) (OM:LAGR B). As of February 22, 2024, The transaction has received regulatory approval. Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of 96% stake in Prido Ab on February 22, 2024. The acquisition is expected to generate a positive contribution to Lagercrantz Group's earnings per share. Announcement • Feb 09
Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire 96% stake in Prido Ab. Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire 96% stake in Prido Ab on February 7, 2024. Prido will be part of the Niche Products division. In recent years, Prido has generated annual revenue of around SEK 300 million with an operating profit (EBITA) of just under SEK 70 million. The acquisition is subject to approval by the authorities which is now taking place ahead of anticipated takeover latest March 2024. Reported Earnings • Feb 07
Third quarter 2024 earnings released: EPS: kr1.09 (vs kr0.97 in 3Q 2023) Third quarter 2024 results: EPS: kr1.09 (up from kr0.97 in 3Q 2023). Revenue: kr2.05b (up 5.8% from 3Q 2023). Net income: kr225.0m (up 13% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 23% per year. Announcement • Dec 30
Lagercrantz Group AB (publ) to Report Q1, 2025 Results on Jul 18, 2024 Lagercrantz Group AB (publ) announced that they will report Q1, 2025 results on Jul 18, 2024 Reported Earnings • Oct 26
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr1.87b (up 12% from 2Q 2023). Net income: kr204.0m (up 21% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom. Announcement • Sep 13
Lagercrantz Group AB (publ) (OM:LAGR B) acquired Letti AS from Roger Bach. Lagercrantz Group AB (publ) (OM:LAGR B) acquired Letti AS from Roger Bach on September 12, 2023. Letti will become part of the Electrify division in September 2023.Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of Letti AS from Roger Bach on September 12, 2023. Announcement • Aug 30
Lagercrantz Group AB Approves Dividend, Payable on 5 September 2023 Lagercrantz Group AB at its Annual General Meeting held on 29 August 2023, approved a dividend of SEK 1.60 per share in accordance with the proposal of the Board of Directors. 31 August 2023 shall be the record day for receiving dividend, which is expected to be paid out on 5 September 2023. Upcoming Dividend • Aug 23
Upcoming dividend of kr1.60 per share at 1.4% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 05 September 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of British dividend payers (6.4%). Lower than average of industry peers (1.7%). Announcement • Jul 21
Lagercrantz Group AB (Publ) Proposes Dividend The Board of Directors of Lagercrantz Group AB (publ) proposed a dividend of SEK 1.60 (1.30) per share, at the Annual General Meeting will be held on 29 August 2023. Reported Earnings • Jul 13
Full year 2023 earnings released: EPS: kr3.71 (vs kr2.81 in FY 2022) Full year 2023 results: EPS: kr3.71 (up from kr2.81 in FY 2022). Revenue: kr7.25b (up 32% from FY 2022). Net income: kr758.0m (up 33% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 31% per year. Recent Insider Transactions • Jun 15
Director recently bought kr1.4m worth of stock On the 13th of June, Anders Claeson bought around 10k shares on-market at roughly kr138 per share. This transaction amounted to 67% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.3m more in shares than they have sold in the last 12 months. Reported Earnings • May 17
Full year 2023 earnings released: EPS: kr3.68 (vs kr2.81 in FY 2022) Full year 2023 results: EPS: kr3.68 (up from kr2.81 in FY 2022). Revenue: kr7.25b (up 32% from FY 2022). Net income: kr758.0m (up 33% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 03
Lagercrantz Group AB (publ), Annual General Meeting, Aug 29, 2023 Lagercrantz Group AB (publ), Annual General Meeting, Aug 29, 2023. Reported Earnings • Feb 02
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr1.94b (up 38% from 3Q 2022). Net income: kr199.0m (up 35% from 3Q 2022). Profit margin: 10% (in line with 3Q 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in the United Kingdom. Recent Insider Transactions • Nov 30
Director recently sold kr98k worth of stock On the 21st of November, Anna Almlöf sold around 904 shares on-market at roughly kr109 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr52k more than they sold in the last 12 months. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Anders Claeson was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 26
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr1.67b (up 39% from 2Q 2022). Net income: kr168.0m (up 45% from 2Q 2022). Profit margin: 10% (in line with 2Q 2022). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in the United Kingdom. Announcement • Oct 26
Lagercrantz Group AB (publ) to Report Q1, 2023 Results on Jul 19, 2023 Lagercrantz Group AB (publ) announced that they will report Q1, 2023 results at 9:00 AM, Central European Standard Time on Jul 19, 2023 Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment deteriorated over the past week After last week's 15% share price decline to kr79.85, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 102% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr109 per share. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment deteriorated over the past week After last week's 15% share price decline to kr79.85, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 102% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr109 per share. Buying Opportunity • Oct 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 2.9%. The fair value is estimated to be kr109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 26% in the next 2 years. Upcoming Dividend • Aug 24
Upcoming dividend of kr1.30 per share Eligible shareholders must have bought the stock before 31 August 2022. Payment date: 06 September 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of British dividend payers (5.3%). Lower than average of industry peers (1.6%). Reported Earnings • Jul 12
Full year 2022 earnings released Full year 2022 results: Revenue: kr5.48b (up 34% from FY 2021). Net income: kr572.0m (up 47% from FY 2021). Profit margin: 10% (in line with FY 2021). Over the next year, revenue is forecast to grow 14%, compared to a 8.8% growth forecast for the industry in the United Kingdom. Recent Insider Transactions • May 28
Director recently bought kr100k worth of stock On the 24th of May, Anna Marsell bought around 1k shares on-market at roughly kr93.90 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr4.4m more in shares than they bought in the last 12 months. Reported Earnings • May 18
Full year 2022 earnings released: EPS: kr2.81 (vs kr1.91 in FY 2021) Full year 2022 results: EPS: kr2.81 (up from kr1.91 in FY 2021). Revenue: kr5.48b (up 34% from FY 2021). Net income: kr572.0m (up 47% from FY 2021). Profit margin: 10% (in line with FY 2021). Over the next year, revenue is forecast to grow 12%, compared to a 8.3% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 18
Lagercrantz Group AB (publ) to Report Fiscal Year 2023 Results on May 16, 2023 Lagercrantz Group AB (publ) announced that they will report fiscal year 2023 results on May 16, 2023 Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Anders Claeson was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 05
Third quarter 2022 earnings: Revenues exceed analyst expectations Third quarter 2022 results: Revenue: kr1.41b (up 30% from 3Q 2021). Net income: kr148.0m (up 33% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Revenue exceeded analyst estimates by 5.1%. Over the next year, revenue is forecast to grow 8.0%, compared to a 5.8% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment deteriorated over the past week After last week's 19% share price decline to kr109, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 30x in the Electronic industry in the United Kingdom. Total returns to shareholders of 304% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr65.89 per share. 
