Lagercrantz Group Q1 2009/10

Lagercrantz Group Q1 2009/10 

1 April - 30 June 2009 (3 months)

•  Net revenue for the quarter amounted to MSEK 434 (532).
•  The Group's businesses continued to adapt operations to the lower demand
during the quarter. Actions focused on measures to reduce costs and working
capital.
•  Operating profit for the first quarter 2009/10 amounted to MSEK 13 (33). The
operating margin dropped to 3.0 percent (6.2).
•  Profit after financial items amounted to MSEK 10 (31) and profit after taxes
to MSEK 7 (22). 
•  Earnings per share amounted to SEK 0.32 (0.98). For the most recent
twelve-month period earnings per share was SEK 2.39. 
•  Cash flow per share from operating activities amounted to SEK 6.36 for the
most recent twelve-month period (SEK 6.15 for the 2008/09 financial year).
•  The return on equity was 11 percent for the most recent twelve-month period
(20 percent) and the equity ratio stood at 52 percent at the end of the period
(49 percent at the beginning of the financial year).
•  The Annual General Meeting will be held 31 August 2009. The Board of
Directors proposes a dividend of SEK 1.50 (1.50) per share.

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.

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 2009-07-21
at 12:20.

LAGERCRANTZ GROUP IN BRIEF 
Lagercrantz Group is a technology trading 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 and electric connection systems. 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 more than SEK 2 billion and has approximately 700
employees. Lagercrantz is listed on NASDAQ OMX Stockholm Exchange, segment Small
Cap. Additional information is available at www.lagercrantz.com.