STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News:
INTERIM REPORT
1 April–30 June 2011
· Net revenue for the period grew by 22 percent to MSEK 555 (454).
· Operating profit increased by 73 percent to MSEK 45 (26). The operating margin was 8.1 percent (5.7).
· Demand was good during the beginning of the year, thus leading to increased revenue and profits. In addition, businesses acquired during the previous year contributed to the positive development.
· Profit after finance items increased to MSEK 42 (26). Profit after taxes grew to MSEK 31 (20).
· Earnings per share after dilution amounted to SEK 1.38 (0.91) and for the most recent twelve-month period to SEK 5.07 (SEK 4.61 for the 2010/11 financial year).
· Cash flow from operating activities amounted to MSEK 10 (–22) and for the most recent twelve-month period to SEK 6.73 per share after dilution (SEK 5.33 for the 2010/11 financial year).
· The return on equity for the most recent twelve-month period was 20 percent (11) and the equity ratio stood at 44 percent (44).
· The 2011 Annual General Meeting will be held 30 August 2011.
Lagercrantz Group AB (publ)
This information is disclosed in accordance with the Securities Markets Act, the Financial Instruments Trading Act or according to the agreement with NASDAQ OMX Stockholm Exchange. The information was submitted for publication on 2011-07-21 at 8.15 CET.
LAGERCRANTZ GROUP IN BRIEF
Lagercrantz Group is a technology group in electronics, electrics, communication and adjacent areas. The Group operates in a decentralised mode with value-creating sales in close proximity to its customers and markets and has a leading position in several expansive niches. Operations are organised in three divisions. Division Electronics is primarily involved in marketing solutions in wireless industrial communication and embedded systems. Division Mechatronics offers electro-mechanical components and production of cable harnesses, electrical connection, electrical installation material and niche steel products. Division Communications provides solutions in digital image transmission/technical security, design software and access products. Manufacturing companies are the primary customers. Lagercrantz is today represented in eight countries in Northern Europe, and in China. The Group has sales of approximately MSEK 2,000 and has around 700 employees. Lagercrantz is listed on NASDAQ OMX Stockholm Exchange, segment Small Cap. Additional information is available at www.lagercrantz.com (http://www.lagercrantz.com).
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