Lagercrantz Group Ab Class B · OMXSTO:LAGR_B
Lagercrantz Group Ab Class B — Q2 2014/15 Earnings Presentation
17 slides from Lagercrantz Group Ab Class B's earnings presentation, Oct 24, 2014
Slide 1: Interim report Q2 2014/15
Interim report Q2 2014/15 1 April 2014 – 30 September 2014 (6 months) 24 October 2014 Jörgen Wigh, President & CEO Bengt Lejdström, Chief Financial Officer
Slide 2: Technology group with leading positions in niches
Introduction to Lagercrantz Group Technology group with leading positions in niches Lagercrantz Group Electronics Mechatronics Communications Niche Products 11 profit centres 7 profit centres 11 profit centres 6 profit centres 6 countries 5 countries 4 countries 2 countries Technology group in exp
Slide 3: Divisions
Introduction to Lagercrantz Group Divisions Electronics Mechatronics Communications Niche Products • Enclosures for electronics • Electrical connection systems • Digital image/technical security • Niche oriented product • Lighting control • Electrical security • Design software, access- and companie
Slide 4: Revenue and profit
Revenue and profit Moving 12-month quarterly data Net sales Result after finance items 3 000 250 Result after finance items, MSEK 2 500 200 Net sales, MSEK 2 000 Operative improvements Acquisitions 150 (product companies) 1 500 100 1 000 Action program Recovery during recession Acquisitions 50 500 D
Slide 5: Business conditions
Interim Report Business conditions Group comments second quarter 2014/15 (Jul – Sep 2014) Sales continued to develop in a positive way in all divisions and in most markets. The trend continued to be weak in Finland, however. The underlying organic growth was 6 percent for comparable units, measu
Slide 6: Second quarter 2014/15
Interim Report Second quarter 2014/15 July–September 2014 Net revenue for the period increased by 13 percent to MSEK 652 (577). which meant organic growth of 6 percent, not including currency effects. Operating profit increased by 9 percent to MSEK 63 (58). Operating margin increased to 9.7
Slide 7: Outcome by division
Interim Report Outcome by division NET SALES 2014/15 2013/14 MSEK 12 months Q2 Q1 12 months Q4 Q3 Q2 Q1 Oct - Sep Apr - Mar Electronics 737 189 184 691 186 178 157 170 Mechatronics 779 195 208 749 186 190 185 188 Communications 825 189 195 802 229 212 169 192 Niche Products 345 79 90 303 93 83 66 61
Slide 8: Growth organically and via acquisitions
Interim Report Growth organically and via acquisitions 8
Slide 9: Important issues going forward
Important issues going forward Continue along the present path. Growth issues increasingly important. Focus on continued value added. Acquisitions – of leading companies in expansive niches. 9
Slide 10: Vision and goals for Lagercrantz
Vision and goals for Lagercrantz Leading supplier of value- adding technology with market-leading positions in several expansive niches Annual growth of not less than 15% in profit after finance items Return on equity of not less than 25% 10
Slide 11: Focus on value added
Focus on value added Gross margin, % Focus on adding value 31.6 31.8 and gross margins. 28.0 29.0 30.5 Goal formulation 24.5 25.3 26.3 26.5 Training 20.8 21.2 Phase-out of products with low margins. Higher proportion of proprietary products. Acquisition of businesses with higher 04/05 05
Slide 12: Broadening operations
Broadening operations Distribution of consolidated sales, percent 3 4 9 6 14 Service and other 13 Systems integration 13 Niche production 33 Proprietary products Value-adding trade 62 43 2006/07 MTM 2014/15 12
Slide 13: Acquisitions
Acquisitions 2006 Nordic Alarm (Communications) Elpress-gruppen (Mechatronics) K&K Oy (Communications) 2007 Direktronik (Communications) System Solution AS (Electronics) 2008 CAD Kompagniet A/S (Communications) Cobs AB (Communications) 2010 Norwesco AB (Mechatronics) SwedWire AB (Niche Products) Let
Slide 14: Load Indicator AB
Load Indicator AB Load Indicator is a niche company that designs and manufactures high quality load cells, force sensors and torque sensors for measuring applications. The Company's customers are primarily in the Swedish manufacturing industry. The company has its operations in Hisings Backa a
Slide 15: Precimeter Control AB
Precimeter Control AB Precimeter is a niche company that develops and sells solutions based on laser and induction technology. Precimeters solutions measure the levels and flows of metals. The customer base is primarily in aluminum foundries and their suppliers. The company has its headquarter
Slide 16: Lagercrantz today
Lagercrantz today Stable platform built on a well-functioning business concept and a number of strong market positions in interesting niches. Growing proportion of proprietary products allows for higher margins and gives more legs to stand on. Decentralisation makes for committed employees. St
Slide 17: Thank you!
Lagercrantz Group {hank you!