Lagercrantz Group Ab Class B · OMXSTO:LAGR_B
Lagercrantz Group Ab Class B — Q3 2011/12 Earnings Presentation
18 slides from Lagercrantz Group Ab Class B's earnings presentation, Feb 8, 2012
Slide 1: Interim report Q3 2011/12
Interim report Q3 2011/12 1 April 2011–31 December 2011 (9 months) 8 February 2012 Jörgen Wigh, President and CEO Bengt Lejdström, CFO
Slide 2: Technology company with leading positions in niches
Introduction to Lagercrantz Group Technology company with leading positions in niches Lagercrantz Group Electronics Mechatronics Communications 7 profit units 10 profit units 10 profit units 6 countries 5 countries 3 countries Beijing Hong Kong Technology trading group in electronics, electrics, c
Slide 3: Divisions
Introduction to Lagercrantz Group Divisions Division Division Division Electronics Mechatronics Communications • Industrial wireless communication • Electrical connection systems • Video conferencing, CCTV, technical security • Embedded electronic systems • Niche steel products • Distribution of sof
Slide 4: The business situation
The business situation The overall market trend was positive during the nine-month period. Continuously stable for Electronics and mechatronics For Communications a weakening trend was noted for some entities during the third quarter, restructuring measures have been taken in some companies.
Slide 5: Third quarter 2011/12
Interim report Q3 2011/12 Third quarter 2011/12 October–December 2011 Net revenue increased by 7% to MSEK 569 (530) Organic growth 4% Operating profit increased to MSEK 42 (41) Operating margin reached 7.4% (7.1) Earnings per share after dilution stood at SEK 5.36 SEK (moving 12 months), a
Slide 6: First nine months 2011/12
Interim report Q3 2011/12 First nine months 2011/12 April–December 2011 Net revenue increased by 13% to MSEK 1,663 (1,478) Organic growth 5% Operating profit increased to MSEK 132 (102) Operating margin reached 7.9% (6.9) Profit after finance items increased to MSEK 123 (98) Highest prof
Slide 7: Electronics
Part of 2011/12 Division 27% 22% Electronics Turnover Operating profit 3 mon. 3 mon. 9 mon. 9 mon. 12 mon. 2011/ 2010/ 2011/ 2010/ 2010/ MSEK 2012 2011 2012 2011 2011 Net sales 147 149 448 420 586 Operating Profit 9 8 29 19 30 Operating Margin 6.1% 5.4% 6.5% 4.5% 5.1% Increased bespoke implementatio
Slide 8: Mechatronics
Part of 2011/12 Division Mechatronics 41% 65% Turnover Operating profit 3 mon. 3 mon. 9 mon. 9 mon. 12 mon. 2011/ 2010/ 2011/ 2010/ 2010/ MSEK 2012 2011 2012 2011 2011 Net sales 234 188 679 558 740 Operating Profit 28 19 86 57 77 Operating Margin 12.0% 10.1% 12.7% 10.2% 10.4% News: Good start for ne
Slide 9: Communications
Part of 2011/12 Division 32% 23% Communications Turnover Operating profit 3 mon. 3 mon. 9 mon. 9 mon. 12 mon. 2011/ 2010/ 2011/ 2010/ 2010/ MSEK 2012 2011 2012 2011 2011 Net sales 188 193 536 500 703 Operating Profit 10 16 30 36 53 Operating Margin 5.3% 8.3% 5.6% 7.2% 7.5% News: Leteng, K&K and Bete
Slide 10: Outcome per division
Interim report Q3 2011/12 Outcome per division Segment information per quarter NET REVENUE 2011/12 2010/11 MSEK 9 mon. Q3 Q2 Q1 Q4 9 mon. Q3 Q2 Q1 Electronics 448 147 152 149 166 420 149 138 133 Mechatronics 679 234 218 227 182 558 188 199 171 Communications 536 188 169 179 203 500 193 157 150 Paren
Slide 11: Of importance ahead
Of importance ahead Accomplish the strategic focus Broadening of operations. Accomplish decentralisation and management by objectives. Focus on value added. Controlled growth by e.g. acquisitions. Preparations for any possible financial effects from the economic and financial crisis In
Slide 12: Broadening of operations
Broadening of operations Share of consolidated sales, % 3 4 9 6 Service and other 13 15 System integration Niche production 13 26 Proprietary products Trade 62 50 12
Slide 13: Focus on value added
Focus on value added Gross margin, % Focus on value creation and gross 28.0 28.9 margins. 26.3 26.5 24.5 25.3 Customisation, development and 20.8 21.2 combinations of different products contribute to adding value in the offering. Focus on businessman ship training. Increase the element of pr
Slide 14: Acquisitions
Acquisitions Year Acquired entity An important element of the growth strategy. 2006 Nordic Alarm (Communications) Elpress-gruppen (Mechatronics) Technology within new as well as K&K Oy (Communications) established areas is of interest. 2007 Direktronik (Communications) System Solution AS (Electr
Slide 15: Vendig AB
Vendig AB Vendig is a niche player. Develops, manufactures and sells belt scrapers and other components for conveyors The customers are found within the rock-, gravel- and mining industry. Vendig recorded sales in 2010/11 of approximately MSEK 30 with good profitability. Included from Nove
Slide 16: Lagercrantz today
Summary Lagercrantz today Well-functioning business concept and strategic focus towards increased value added. Focus, flexibility, close to customer and supplier Small dedicated organisations who lives with their result A number of strong market positions in interesting niches. Different p
Slide 17: Net revenue and profit development
Net revenue and profit development Moving 12 months by quarter 2,500 175 Net revenue Profit after finance items 155 Profit after finance items 2,000 135 Net revenue 115 1,500 95 Recovery Acquisitions 75 1,000 Decentralisation, Remedial measures 55 Acquisitions, Objectives due to recession 35 500 15
Slide 18: Thank you!
Lagercrantz \ = . Group . ARMS Thank you!