Interim Report 2010/11 Q2

Interim Report 2010/11 Q2

1 April-30 September 2010 (6 months)
•           Net revenue for the first six months of the year increased
by 13 percent to MSEK 948 (837).
•           Operating profit increased to MSEK 61 (25). The operating
margin was 6.4 percent (3.0).
•           Increased demand, together with acquisitions, contributed to
the increase in revenue, which
            combined with effective cost-cutting, resulted in an
improvement in earnings.
•           Profit after financial items increased to MSEK 60 (21).
Profit after taxes amounted
            to MSEK 45 (15).
•           Earnings per share amounted to SEK 2.05 (0.68). For the most
recent twelve-month
            period earnings per share was SEK 3.28 (1.91 SEK for the
financial year 2009/10).
•           The return on equity was 15 percent (9) for the most recent
twelve-month period and the
            equity ratio was 40 percent (50) at the end of the period. 
1 July-30 September 2010 (second quarter)
•           Net revenue for the second quarter increased by 23 percent
to MSEK 494 (403).
•           Operating profit increased to MSEK 35 (12). The operating
margin was 7.1 percent (3.0).
Acquisitions
•           Acquisition of Norwesco AB, SwedWire AB (during the first
quarter) and Leteng AS 
            (during the second quarter). Vanpée & Westerberg A/S was
acquired with the closing to
            take place after the end of the period under review.
•           Up to now during the financial year 2010/11 Lagercrantz has
acquired companies with
            total yearly net revenue of about MSEK 240.
Lagercrantz Group AB (publ)

For additional information, please contact:
Jörgen Wigh, President & CEO, Lagercrantz Group, telephone +46 8 700 66
70
Niklas Enmark, CFO, Lagercrantz Group, telephone +46 8 700 66 70, or
the company website at: http://www.lagercrantz.com/report