Sweden · Delayed Price · Currency is SEK Lagercrantz Group AB Earnings Call Transcripts
Fiscal Year 2026
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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, driven by acquisitions and strong performance in Electrify, Control, and International divisions. EBITDA margin improved to 17.9%, and return on equity reached 30%. The group remains on track for its SEK 2 billion profit target.
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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 saw 20% revenue growth, driven by acquisitions and a return to positive organic growth, with EBITDA and profit margins improving. Niche Products and Electrify led segment performance, while construction-exposed units lagged. Cash flow and key financial ratios remained strong.
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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 saw 10% revenue growth, mainly from acquisitions, with EBITDA up 8% and a 17.1% margin. Market conditions are stabilizing, and the group remains optimistic, targeting 15% annual profit growth and SEK 2 billion EBT in five years.