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Lagercrantz Group AB (LAGRb.ST)

LAGRb.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Lagercrantz Q4 operating profit rises 15 pct
Wednesday, 10 May 2017 07:00am EDT 

May 10 (Reuters) - Lagercrantz Group AB :Says board of directors proposes an increase in dividend to SEK 2.00 (1.75) per share..Q4 net revenue increased by 1 percent and amounted to msek 3,096 (3,057)..Q4 operating profit (EBITA) increased by 15 percent to msek 409 (355).  Full Article

Lagercrantz says buys Dutch Apparatenfabriek Bereila
Thursday, 16 Mar 2017 07:45am EDT 

Lagercrantz Group Ab : Lagercrantz acquires Apparatenfabriek Bereila b.v. . Says Bereila's operations are based in bedum outside Groningen and it generates annual sales of about meur 1.5 .Says acquisition is expected to generate a small positive addition to group's earnings per share on an annual basis.  Full Article

Lagercrantz Group Q2 EBIT increased 12 pct to SEK 82 mln
Wednesday, 26 Oct 2016 02:03am EDT 

Lagercrantz Group AB : Q2 net revenue amounted to SEK 684 mln (711). .Q2 operating profit (EBIT) increased by 12 percent to SEK 82 mln (73).  Full Article

Lagercrantz Q1 operating profit rises
Wednesday, 20 Jul 2016 02:00am EDT 

Lagercrantz group : Q1 net revenue amounted to MSEK 781 (788) .Q1 operating profit (EBIT) increased by 6 percent to MSEK 84 (79).  Full Article

Lagercrantz says buys GasIQ with sales of SEK 45 mln
Thursday, 30 Jun 2016 09:28am EDT 

Lagercrantz Group AB :Lagercrantz acquires GasIQ.  Full Article

Lagercrantz Group Q4 op profit rose to 84 mln SEK
Tuesday, 10 May 2016 07:00am EDT 

Lagercrantz Group Ab , Q4: Net revenue amounted to 790 mln SEK (784) . Operating profit increased by 8 percent to 84 mln SEK (78), equivalent to an operating margin of 10.6 percent (10.0) . Says board of directors proposes an increase in dividend to SEK 1.75 (1.50) per share .Full-year net revenue increased by 7 percent to 3,057 mln SEK (2,846).  Full Article

Lagercrantz buys office accessories maker Kondator
Wednesday, 27 Apr 2016 07:40am EDT 

Lagercrantz Group AB:Says acquires Kondator AB.Says acquisition is expected to generate a small positive addition to group's earnings per share on an annual basis.Says bought company generates annual revenues of about MSEK 60 with good profitability.Says Kondator develops and markets accessories for offices and workplaces."Kondator has shown good profitability for several years and is well established in its niche. We intend to support the company's ambition to develop and expand its business operations," says Lagercrantz Chief Executive Jorgen Wigh in a statement.  Full Article

Lagercrantz acquires Nikodan Conveyor Systems A/S
Tuesday, 29 Dec 2015 08:00am EST 

Lagercrantz Group AB:Acquires 80 percent of the shares in Danish company Nikodan Conveyor Systems A/S.Nikodan generates annual sales of equivalent to more than 150 million Swedish crowns.The management of Nikodan remains the owner of 20 percent of the shares, including reciprocal call and put options.Nikodan forms part of the Lagercrantz Niche Products division as from December 2015.The acquisition is expected to generate a positive addition to the Group's earnings per share on an annual basis.  Full Article

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