Lagercrantz

SECOND QUARTER (1 JULY – 30 SEPTEMBER 2023)
•    Net revenue increased by 12% to MSEK 1,871 (1,668), of which organic growth amounted to -1%. 
•    Operating profit (EBITA) increased by 21% to MSEK 333 (275), equivalent to an EBITA margin of 17.8% (16.5).
•    Profit after financial items (EBT) increased by 21% to MSEK 258 (214).
•    Profit after taxes increased by 21% to MSEK 204 (168).

THE FIRST SIX MONTHS (1 APRIL – 30 SEPTEMBER 2023)
•    Net revenue increased by 20% to MSEK 3,917 (3,265), of which organic growth amounted to 2%.
•    Operating profit (EBITA) increased by 28% to MSEK 690 (540), equivalent to an EBITA margin of 17.6% (16.5).
•    Profit after financial items (EBT) increased by 20% to MSEK 535 (446). 
•    Profit after taxes increased by 19% to MSEK 413 (347). For the latest 12-month period, earnings per share after dilution amounted to
SEK 4.01 (3.70 for the financial year 2022/23).
•    Cash flow from operating activities amounted to MSEK 505 (213). 
•    Return on equity for the latest 12-month period amounted to 30% and the equity ratio at the end of the period was 36%.
•    Four acquisitions were carried out during the financial year, with total annual revenue of approximately MSEK 310.

CEO COMMENT

“Aiming to double the profit again within 5 years”
Lagercrantz’s second quarter (July – September) 2023 was a good continuation of the fine start to the financial year that we reported in the first quarter. The market situation was still at a good level for most of our businesses. With a positive contribution from acquisitions and strengthened margins, profit after net financial items (EBT) increased by 21% to MSEK 258 (214) and the operating margin (EBITA) reached a new record level of 17.8% (16.5). Cash flow also remained strong and from operating activities in the first six months it amounted to MSEK 505 (213).

For more CEO comment, please see the Interim Report.

Stockholm, 25 October 2023

Lagercrantz Group AB (publ)

A presentation of the report will be held 25 October, at 10:00 CET with CEO Jörgen Wigh. The webcast will be recorded.

To attend, please use one of the following links:

Webcast https://ir.financialhearings.com/lagercrantz-group-q2-report-2023
You will be able to ask questions in writing via the webcast

Telefon  https://conference.financialhearings.com/teleconference/?id=5005434
You will be able to ask questions verbally via the conference call.