Sweden · Delayed Price · Currency is SEK Lagercrantz Group AB Earnings Call Transcripts
Fiscal Year 2027
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Revenues grew 18% year-over-year, driven by strong organic and acquisition growth, with EPS up 20%. Six acquisitions were completed, expanding into new sectors and geographies. Management remains confident, supported by robust order intake and a strong M&A pipeline.
Fiscal Year 2026
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Delivered record sales and profit growth, driven by strong performance in electrification, infrastructure, and international segments. Twelve acquisitions and increased proprietary product share supported results, with a robust outlook and higher dividend proposed.
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Achieved record sales above SEK 10 billion and 18% EBITDA margin, driven by acquisitions and organic growth. Electrify and International divisions led performance, while TecSec and Niche Products faced headwinds from construction and U.S. markets.
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Earnings before tax rose 17% year-over-year, with strong growth in Electrify, Control, and International divisions, while TecSec and Niche Products faced headwinds. Acquisitions drove most revenue growth, and the group remains on track for its SEK 2 billion profit goal.
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Strong revenue and earnings growth driven by both organic expansion and acquisitions, with electrification and infrastructure segments leading performance. Return on equity and EBITDA margin exceeded targets, while the acquisition pipeline remains robust.
Fiscal Year 2025
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Delivered 16% revenue and EBITA growth, driven by strong M&A and proprietary products, with all divisions except International posting revenue gains. Return on equity reached 28%, and a 16% dividend increase is proposed, while construction-exposed units remain challenged.
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Q3 delivered 20% revenue growth, driven by acquisitions and a return to positive organic growth, with EBITDA up 21% and strong cash flow. Niche Products and Electrify led segment performance, while construction-exposed units lagged. Acquisition activity remains robust.
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Net sales rose 16% year-over-year, driven by acquisitions, with EBITDA margin stable at 17.8%. Niche Products and Electrify divisions led performance, while construction-related units lagged. Acquisition activity remains high, supporting growth ambitions.
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Q1 net revenues rose 10% to SEK 2,253 million, driven by acquisitions as organic growth slowed. EBITDA margin remained strong at 17.1%, and profit after financial items hit a quarterly record. Market conditions are stabilizing, with optimism for improved demand in the fall.