Lagercrantz Group Ab Class B · OMXSTO:LAGR_B
Lagercrantz Group Ab Class B — Q3 2015/16 Earnings Presentation
18 slides from Lagercrantz Group Ab Class B's earnings presentation, Jan 28, 2016
Slide 1: Interim Report Q3 2015/16
Interim Report Q3 2015/16 1 April – 31 December 2015 (9 months) 28 January 2016 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 8 profit centres 13 profit centres 9 profit centres 6 countries 5 countries 4 countries 3 countries Technology group in exp
Slide 3: Divisions
Introduction to Lagercrantz Group Divisions Electronics Mechatronics Communications Niche Products • RFID • Electrical connection • Digital imaging/technical • Steel and guy wire • LED lighting systems security • Conveyor • M2M • Custom cable harnesses • Design software, access- • Special doors • Me
Slide 4: Revenues and profits
Interim Report Revenues and profits Moving 12-month quarterly data Operative improvements Acquisitions (product companies) Action program Recovery during recession Acquisitions Decentralisation, Acquisitions, Management by objective 4
Slide 5: Business conditions
Interim report Business conditions Third quarter 2015/16 (Oct - Dec 2015) The business situation continued to remain stable and no clear signs of a slowdown were noted due to the turbulence in Asia, on stock markets or on currency and commodity markets. The Group’s units in Sweden and Denmark co
Slide 6: Third quarter 2015/16
Interim report Third quarter 2015/16 October – December 2015 Net revenue increased by 5 percent to MSEK 768 (733). which meant organic growth of 1 percent, excluding currency effects and lower distribution volume of software. Operating profit increased by 11 percent to MSEK 79 (71). Operatin
Slide 7: First nine months 2015/16
Interim report First nine months 2015/16 April – December 2015 Net revenue for the period increased by 10 percent to MSEK 2,267 (2,062). which meant organic growth of 3 percent, excluding currency effects and lower distribution volume of software. Operating profit increased by 17 percent to MS
Slide 8: Outcome per division
Interim report Outcome per division NET SALES 2015/16 2014/15 MSEK 12 mths Q3 Q2 Q1 12 mån Q4 Q3 Q2 Q1 Jan - Dec Apr - Mar Electronics 862 213 210 213 803 226 204 189 184 Mechatronics 970 225 254 281 815 210 187 202 216 Communications 761 216 147 181 839 217 253 182 187 Niche Products 458 114 100 11
Slide 9: Cash flow
Interim report Cash flow 3 mths 3 mths 9 mths 9 mths MSEK Oct-Dec Oct-Dec 2015/16 2014/15 2015/16 2014/15 Operating activities Profit after financial items 77 69 226 191 Adjustments for paid taxes, items not included in cash flow, etc. -11 -16 -9 -10 Cash flow from operating activities before change
Slide 10: Important issues going forward
Important issues going forward Continue along the present path. Situation-responsive strategies/ measures in companies. Continued focus on value added. Acquisitions – of leading companies in expansive niches. 10
Slide 11: 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 financial items Return on equity of not less than 25% 11
Slide 12: Focus on value-added
Focus on value-added Focus on adding value and gross margins Gross margin % 34.9 Setting goals 31.6 32.1 Training 30.5 28.0 29.0 Customisation 25.3 26.3 26.5 24.5 Service 20.8 21.2 Support Phasing-out products with low margins. Higher proportion of proprietary products. 04/05 05/06 0
Slide 13: Broadening of operations
Broadening of operations Percentage share of sales, Moving 12 months on quarterly data 13
Slide 14: Acquisitions
Acquisitions Focus on acquiring leading 30 acquisitions since 2006, of which: companies in expansive niches. 2010 Norwesco AB (Mechatronics) Long-term acquisition process SwedWire AB (Niche Products) Leteng AS (Communications) from gross list to integration. Vanpée & Westerberg A/S (Electronics)
Slide 15: Landauer Nordic AB
Landauer Nordic AB Landauer Nordic develops and sells products and services for radon monitoring. The company’s products are mainly sold via resellers and distributors of monitoring products and monitoring services. The company's head office is in Uppsala and it has a subsidiary in Chicago, US
Slide 16: Nikodan Conveyor Systems A/S
Nikodan Conveyor Systems A/S Nikodan develops, sells and manufactures customised conveyor belt solutions and product handling systems. The company’s customers are industrial companies with high demands in respect of automation. The company’s operations are based in Jylland and it generates ann
Slide 17: Financial overview
Interim report Financial overview (MSEK) 2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 Net sales 1,720 2,029 2,265 2,328 2,546 2,846 Growth -20% 18% 12% 3% 9% 12% Operating profit (EBIT) 67 147 184 213 242 276 Operating margin (EBIT%) 3.9% 7.2% 8.1% 9.1% 9.5% 9.7% Result (EBT) 58 137 171 200 230 2
Slide 18: Lagercrantz Group
Lagercrantz Group