Duyuru • 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. Duyuru • 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. Duyuru • 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. Duyuru • 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 Duyuru • 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. Duyuru • 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. Duyuru • 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. Duyuru • 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. Duyuru • 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. Duyuru • Mar 29
Lagercrantz Group AB (publ) (OM:LAGR B) acquired Hm Holding Ltd. Lagercrantz Group AB (publ) (OM:LAGR B) acquired Hm Holding Ltd. on March 28, 2025. As part of the acquisition, Lagercrantz Group AB acquired 100% of the shares in Hm Holding Ltd. On completion, He-Man will be part of Lagercrantz’ Control division. For the period ended December 31, 2024, Hm Holding Ltd reported a revenue of £5.5 million. The acquisition is expected to have a marginally positive effect on the Lagercrantz Group AB's earnings per share.
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of Hm Holding Ltd. on March 28, 2025. Duyuru • 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. Duyuru • 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 Duyuru • 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 10% growth forecast for the Electronic industry in Germany. 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 18% per year. Duyuru • 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 German dividend payers (4.8%). Lower than average of industry peers (1.7%). Declared Dividend • Aug 04
Dividend of kr1.90 announced Shareholders will receive a dividend of kr1.90. Ex-date: 27th August 2024 Payment date: 2nd September 2024 Dividend yield will be 13%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • 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. Buy Or Sell Opportunity • Jul 10
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to €15.78. The fair value is estimated to be €13.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 25%. 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. 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 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jul 05
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to €15.79. The fair value is estimated to be €12.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 25%. 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. Buy Or Sell Opportunity • May 21
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to €14.48. The fair value is estimated to be €12.00, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 25%. 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. 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 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Duyuru • 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. Duyuru • 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. Duyuru • 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. Duyuru • 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. Buy Or Sell Opportunity • Feb 09
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 46% to €12.79. The fair value is estimated to be €10.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. 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 10.0% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Duyuru • Feb 06
Lagercrantz Group AB (publ), Annual General Meeting, Aug 26, 2024 Lagercrantz Group AB (publ), Annual General Meeting, Aug 26, 2024. Duyuru • 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 Duyuru • Dec 11
Lagercrantz Group AB (publ) (OM:LAGR B) acquired DP Seals Ltd. Lagercrantz Group AB (publ) (OM:LAGR B) acquired DP Seals Ltd. on December 11, 2023. DP Seals will be part of Lagercrantz’ International Division. For FY 2022, DP Seals had revenues of £5 million.Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of DP Seals Ltd. 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 12% growth forecast for the Electronic industry in Germany. Duyuru • 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. Duyuru • 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 German dividend payers (4.9%). In line with average of industry peers (1.5%). Duyuru • 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 13% growth forecast for the Electronic industry in Germany. 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 25% per year. Duyuru • Jun 15
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of 80% stake in Supply Plus Limited. Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire 80% stake in Supply Plus Limited on April 26, 2023. Derek Gotts, Managing Director of Supply Plus, will remain in his position and retain 15% of the shareholding in Supply Plus. Supply Plus Limited reported revenue of £7 million in 2022. Completion of the transaction is subject to regulatory approval and is expected before the end of June 2023. 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 80% stake in Supply Plus Limited on June 14, 2023. The acquisition now received regulatory approval. Supply Plus will be part of the International Division as of June 2023. 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 14% growth forecast for the Electronic industry in Germany. 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 41% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • 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 10% growth forecast for the Electronic industry in Germany. Duyuru • Dec 22
Lagercrantz Group AB (publ) (OM:LAGR B) acquired Tykoflex AB from Andor Intressenter Ab. Lagercrantz Group AB (publ) (OM:LAGR B) acquired Tykoflex AB from Andor Intressenter Ab on December 21, 2022. Under the terms of agreement Lagercrantz Group has paid the consideration partly in cash and partly of 658,452 newly issued B-shares in Lagercrantz, subscribed for by the seller Andor Intressenter. The subscription price amounts to SEK 106.31, which is the volume-weighted average price per B-share in Lagercrantz on Nasdaq Stockholm during the last eight trading days up to and including the third day before closing. This means a dilution effect of approximately 0.31 percent of the share capital and approximately 0.22 percent of the votes. A decision on a new share issue has been made by the Board of Directors of Lagercrantz and is made with the support of authorization from the Annual General Meeting on August 30, 2022. Following the transaction, the total number of shares and votes in Lagercrantz amounted to 209,218,233 shares (of which 9,791,406 class A shares and 199,426,827 class B shares) and 294,052,918 votes. The share capital increases by SEK 154,370 to SEK 49,049,988. 80 percent of the new shares are subject to transfer restrictions, so-called lock-up, with customary exceptions. 30 percent of the new shares may not be disposed of within 6 months and 50 percent of the new shares may not be disposed of within 12 months. Tykoflex will be part of division Electrify from December 2022.Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of Tykoflex AB from Andor Intressenter Ab on December 21, 2022. 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 11% growth forecast for the Electronic industry in Germany. Duyuru • 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 08
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €7.26, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Electronic industry in Germany. Total returns to shareholders of 107% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.14 per share. Buying Opportunity • Oct 08
Now 28% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be €10.14, 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. Duyuru • Sep 28
Lagercrantz Group AB (publ) (OM:LAGR B) acquired 80% stake in Tebul Oy. Lagercrantz Group AB (publ) (OM:LAGR B) acquired 80% stake in Tebul Oy on September 27, 2022. Tebul Oy will be part of the International Division from September 2022. Jussi Uusitalo continues as a minority owner with 20% of the shares in the company. Tebul has a turnover of around €5 million.
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of 80% stake in Tebul Oy on September 27, 2022. Duyuru • Sep 09
Lagercrantz Group AB (publ) (OM:LAGR B) acquired a 93% stake in Water Proof Diving International Ab. Lagercrantz Group AB (publ) (OM:LAGR B) acquired a 93% stake in Water Proof Diving International Ab on September 8, 2022. The founders Björn and Göran Ehlmé will continue as minority owners with 7% of the shares in Water Proof Diving International.
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of a 93% stake in Water Proof Diving International Ab on September 8, 2022. 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 German dividend payers (4.6%). In line with average of industry peers (1.2%). Duyuru • Jul 26
Lagercrantz Group AB (publ) (OM:LAGR B) acquired Door & Joinery Solutions Limited. Lagercrantz Group AB (publ) (OM:LAGR B) acquired Door & Joinery Solutions Limited on July 25, 2022. Door and Joinery will be part of the TecSec division as of July 2022.
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of Door & Joinery Solutions Limited on July 25, 2022. Reported Earnings • Jul 13
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 14%, compared to a 20% growth forecast for the industry in Germany. 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 30% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jul 12
Lagercrantz Group AB (publ) Proposes Dividend for the Financial Year 2021/22 Lagercrantz Group AB (publ)'s board of directors proposed dividend of SEK 1.30 per share for the financial year 2021/22 against SEK 1.00 per share a year ago. The total dividend corresponds to SEK 265 million against SEK 204 million a year ago. Duyuru • Jul 06
Lagercrantz Group AB (publ) (OM:LAGR B) acquired Stegborgs El-Evator Ab. Lagercrantz Group AB (publ) (OM:LAGR B) acquired Stegborgs El-Evator Ab on July 5, 2022.
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of Stegborgs El-Evator Ab on July 5, 2022. Duyuru • Jul 01
Lagercrantz Group AB (publ) (OM:LAGR B) acquired 95% stake in Pcp Corporation A/S for an enterprise value DKK 350 million. Lagercrantz Group AB (publ) (OM:LAGR B) acquired 95% stake in Pcp Corporation A/S for an enterprise value DKK 350 million on June 30, 2022. The acquisition was conducted at a total enterprise value of DKK 350 million, corresponding to a valuation multiple of about 6.1 times EBITA. PcP generated net sales of DKK 423 million with an EBITA profit of DKK 57 million (13.6%) in the twelve months ending May 2022, the P/WC ratio (EBITA/working capital) was 63% over the same period. John Nielsen, Group Chief Executive Officer of PcP since 2006, will remain in his position and retain 5% of the shareholding in the Company.
Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of 95% stake in Pcp Corporation A/S on June 30, 2022. Recent Insider Transactions • May 30
Director recently bought €9.5k worth of stock On the 24th of May, Anna Marsell bought around 1k shares on-market at roughly €8.94 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €437k 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 19% growth forecast for the industry in Germany. 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. Duyuru • 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 Duyuru • May 17
Lagercrantz Group AB (Publ) Proposes Dividend The Board of Directors of Lagercrantz Group AB (publ) proposes an increased dividend to SEK 1.30 (1.00) per share. 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 23% growth forecast for the industry in Germany. 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 46% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €10.31, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 23x in the Electronic industry in Germany. Total returns to shareholders of 40% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €7.19 per share. Executive Departure • Dec 01
Chief Financial Officer Kristina MacKintosh has left the company On the 1st of December, Kristina MacKintosh's tenure as Chief Financial Officer ended after 2.5 years in the role. We don't have any record of a personal shareholding under Kristina's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Oct 23
Second quarter 2022 earnings released: EPS kr0.57 (vs kr0.40 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: kr1.20b (up 31% from 2Q 2021). Net income: kr116.0m (up 43% from 2Q 2021). Profit margin: 9.7% (in line with 2Q 2021). Executive Departure • Aug 27
Chairman of the Board Anders Börjesson has left the company On the 24th of August, Anders Börjesson's tenure as Chairman of the Board ended after 16.1 years in the role. We don't have any record of a personal shareholding under Anders' name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Upcoming Dividend • Aug 18
Upcoming dividend of kr1.00 per share Eligible shareholders must have bought the stock before 25 August 2021. Payment date: 31 August 2021. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (0.7%). Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 16% share price gain to kr11.38, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 26x in the Electronic industry in Germany. Total returns to shareholders of 94% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €7.01 per share. Reported Earnings • Jul 10
Full year 2021 earnings released: EPS kr1.91 (vs kr1.80 in FY 2020) The company reported a mediocre full year result with weaker revenues, although profit margins were flat and earnings improved. Full year 2021 results: Revenue: kr4.09b (down 2.1% from FY 2020). Net income: kr388.0m (up 6.0% from FY 2020). Profit margin: 9.5% (in line with FY 2020). Recent Insider Transactions • Jun 17
Insider recently sold €451k worth of stock On the 15th of June, Magnus Söderlind sold around 50k shares on-market at roughly €9.03 per share. In the last 3 months, they made an even bigger sale worth €1.1m. Insiders have been net sellers, collectively disposing of €7.3m more than they bought in the last 12 months. Recent Insider Transactions • May 27
Director recently bought €13k worth of stock On the 19th of May, Anna Almlöf bought around 1k shares on-market at roughly €9.26 per share. In the last 3 months, there was an even bigger purchase from another insider worth €72k. Despite this recent purchase, insiders have collectively sold €7.0m more in shares than they bought in the last 12 months. Recent Insider Transactions • May 24
Director recently bought €13k worth of stock On the 19th of May, Anna Almlöf bought around 1k shares on-market at roughly €9.26 per share. In the last 3 months, there was an even bigger purchase from another insider worth €72k. Despite this recent purchase, insiders have collectively sold €7.0m more in shares than they bought in the last 12 months. Recent Insider Transactions • May 22
Director recently bought €13k worth of stock On the 19th of May, Anna Almlöf bought around 1k shares on-market at roughly €9.26 per share. In the last 3 months, there was an even bigger purchase from another insider worth €72k. Despite this recent purchase, insiders have collectively sold €7.0m more in shares than they bought in the last 12 months. Reported Earnings • May 12
Full year 2021 earnings released: EPS kr1.91 (vs kr1.80 in FY 2020) The company reported a mediocre full year result with weaker revenues, although profit margins were flat and earnings improved. Full year 2021 results: Revenue: kr4.09b (down 2.1% from FY 2020). Net income: kr388.0m (up 6.0% from FY 2020). Profit margin: 9.5% (in line with FY 2020). Duyuru • May 11
Lagercrantz Proposes Dividend for the Year Ended March 31, 2021 The board of directors of proposed a dividend of SEK 1.00 per shared for the year ended March 31, 2021 compared to SEK 0.67 per shared a year ago. Executive Departure • May 01
Executive VP & Head of Business Development has left the company On the 30th of April, Magnus Söderlind's tenure as Executive VP & Head of Business Development ended after 12.7 years in the role. As of December 2020, Magnus personally held 291.93k shares (€2.2m worth at the time). Magnus is the only executive to leave the company over the last 12 months. Recent Insider Transactions • Mar 20
Director recently bought €72k worth of stock On the 19th of March, Fredrik Börjesson bought around 10k shares on-market at roughly €7.25 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €4.8m more in shares than they bought in the last 12 months. Recent Insider Transactions • Mar 06
Insider recently sold €3.7m worth of stock On the 3rd of March, Magnus Söderlind sold around 503k shares on-market at roughly €7.29 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.9m more than they bought in the last 12 months. Duyuru • Feb 26
Lagercrantz Group AB (Publ) Announces Executive Changes Lagercrantz Group AB (publ) have appointed Jonas Ahlberg as Executive Vice President as of May 1st 2021. Jonas Ahlberg is Head of the growing division Niche Products and has worked within the Group since 2012. Magnus Söderlind (Executive Vice President) with responsibility for Business Development and M&A, will leave the Group as of April 30 2021. Reported Earnings • Jan 30
Third quarter 2021 earnings released The company reported a mediocre third quarter result with weaker revenues, although profit margins were flat and earnings improved. Third quarter 2021 results: Revenue: kr1.08b (down 1.9% from 3Q 2020). Net income: kr111.0m (up 5.7% from 3Q 2020). Profit margin: 10% (in line with 3Q 2020). Analyst Estimate Surprise Post Earnings • Jan 30
Revenue misses expectations Revenue missed analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 9.6%, compared to a 22% growth forecast for the Electronic industry in Germany. Duyuru • Jan 28
Lagercrantz Group AB (publ) to Report Fiscal Year 2021 Results on May 11, 2021 Lagercrantz Group AB (publ) announced that they will report fiscal year 2021 results on May 11, 2021 Duyuru • Jan 22
Lagercrantz Group AB (publ), Annual General Meeting, Aug 24, 2021 Lagercrantz Group AB (publ), Annual General Meeting, Aug 24, 2021.