Lagercrantz Group Ab Class B · OMXSTO:LAGR_B
Lagercrantz Group Ab Class B — Q3 2014/15 Earnings Presentation
18 slides from Lagercrantz Group Ab Class B's earnings presentation, Jan 29, 2015
Slide 1: Interim report Q3 2014/15
Interim report Q3 2014/15 1 April 2014 – 31 December 2014 (9 months) 29 January 2015 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 • RFID • Electrical connection systems • Digital image/technical • Steel and guy wire • LED lighting • Custom cable harnesses security • Conveyor • M2M • Electro-mechanics • Design software, access- •
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 150 Acquisitions 1 500 (product companies) 100 Recovery 1 000 Action program Acquisitions during recession Decentra
Slide 5: Third quarter 2014/15
Interim Report Third quarter 2014/15 October–December 2014 Net revenue for the period increased by 11 percent to MSEK 733 (663), which meant organic growth of 4 percent, not including currency effects. Continued strong performance in Sweden and Denmark, while several units in Norway saw a lowe
Slide 6: 9 months 2014/15
Interim Report 9 months 2014/15 April–December 2014 Net revenue increased by 11 percent to MSEK 2 062 (1 851), which meant organic growth of 5 percent, not including currency effects. Operating profit increased by 13 percent to MSEK 198 (175). Operating margin increased to 9.6 percent (9.5).
Slide 7: Financial overview
Interim Report Financial overview (MSEK) 2009/10 2010/11 2011/12 2012/13 2013/14 R 12 14/15 Net sales 1,720 2,029 2,265 2,328 2,546 2,757 Growth -20% 18% 12% 3% 9% 12% Operating profit (EBIT) 67 147 184 213 242 265 Operating margin (EBIT%) 3.9% 7.2% 8.1% 9.1% 9.5% 9.6% Result (EBT) 58 137 171 200 23
Slide 8: Outcome by division
Interim Report Outcome by division NET SALES 2014/15 2013/14 MSEK 12 mths Q3 Q2 Q1 12 mths Q4 Q3 Q2 Q1 Jan - Dec Apr - Mar Electronics 763 204 189 184 691 186 178 157 170 Mechatronics 767 178 195 208 749 186 190 185 188 Communications 875 262 189 195 802 229 212 169 192 Niche Products 351 89 79 90 3
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 Focus on adding value Gross margin, % and gross margins. 31.6 31.9 Goal formulation 28.0 29.0 30.5 Training 24.5 25.3 26.3 26.5 Customer specific 20.8 21.2 Service Support Phase-out of products with low margins. Higher proportion of proprietary products. 04/05 05
Slide 12: Broadening operations
Broadening operations Distribution of consolidated sales, percent 3 4 9 6 12 Service and other 13 Systems integration 13 Niche production 35 Proprietary products Value-adding trade 62 43 2006/07 MTM 2014/15 12
Slide 13: Acquisitions
Acquisitions 2006 Nordic Alarm (Communications) Continued focus on acquiring Elpress-gruppen (Mechatronics) K&K Oy (Communications) leading companies in the expansive niche. 2007 Direktronik (Communications) System Solution AS (Electronics) Long-term acquisition process from gross list to integr
Slide 14: 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 15: 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 16: Board & Management
Appendix Board & Management Board of Directors Senior Management Jörgen Wigh Bengt Lejdström Magnus Söderlind Anders Börjesson Pirkko Alitalo Lennart Sjölund President & CEO CFO Executive VP Chairman of the Board Marika Rindborg Sten Alfredsson Roger Bergqvist Tom Hedelius Ulf Gladh Kjell Eriksson H
Slide 17: The share & shareholders
Appendix The share & shareholders • B-share listed on Nasdaq Shareholders 2014-12-31 Shares Votes Stockholm, Mid Cap Anders Börjesson with family 4.0% 16.4% • Ticker: LAGR B Tom Hedelius 2.1% 14.8% • Liquidity (12 months ): 1.18 Lannebo Funds 13.4% 9.4% MSEK /day Didner & Gerge Funds 9.8% 6.8% SEB I
Slide 18: Thank you!
Lagercrantz Group {hank you!