Financials Lagercrantz Group AB

Equities

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2024-11-29 pm EST			5-day change	1st Jan Change
198.00 ^SEK	+2.06%		+2.17%	+46.56%

Nov. 22	Lagercrantz CFO buys A shares for SEK 2.3 million	FW
Nov. 20	Sweden's Lagercrantz Closes Purchase of Finland's Mastsystem	MT

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	4,180	4,091	5,482	7,246	8,129	9,292	10,062	10,878
Change	-	-2.13%	34%	32.18%	12.19%	14.31%	8.28%	8.11%
EBITDA ¹	717	687	1,094	1,451	1,704	1,962	2,134	2,301
Change	-	-4.18%	59.24%	32.63%	17.44%	15.15%	8.74%	7.83%
EBIT ¹	483	529	781	1,062	1,256	1,438	1,591	1,730
Change	-	9.52%	47.64%	35.98%	18.27%	14.48%	10.66%	8.75%
Interest Paid ¹	-23	-27	-40	-94	-140	-155.3	-134.3	-90
Earnings before Tax (EBT) ¹	460	502	741	968	1,116	1,281	1,458	1,541
Change	-	9.13%	47.61%	30.63%	15.29%	14.81%	13.8%	5.71%
Net income ¹	366	388	572	758	877	978.1	1,136	1,263
Change	-	6.01%	47.42%	32.52%	15.7%	11.53%	16.16%	11.2%
Announcement Date	5/13/20	5/11/21	5/17/22	5/16/23	5/17/24	-	-	-

¹SEK in Million

Estimates

Fiscal Period: March	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	1,099	1,112	977	918	1,078	1,118	1,301	1,201	1,405	1,575	1,597	1,668	1,941	2,040	2,045	1,871	2,054	2,159	2,253	2,172	2,358	2,470
Change	-	1.18%	-12.14%	-6.04%	17.43%	3.71%	16.37%	-7.69%	16.99%	12.1%	1.4%	4.45%	16.37%	5.1%	0.25%	-8.51%	9.78%	5.11%	4.35%	-3.6%	8.54%	4.79%
EBITDA ¹	194	194	140	170	208	212	260	239	273	322	320	335	387	410	423	401	421	463	386	438	497	533
Change	-	0%	-27.84%	21.43%	22.35%	1.92%	22.64%	-8.08%	14.23%	17.95%	-0.62%	4.69%	15.52%	5.94%	3.17%	-5.2%	4.99%	9.98%	-16.63%	13.47%	13.47%	7.24%
EBIT ¹	135	131	103	111	147	169	185	164	198	234	234	240	285	304	316	290	310	343	336	336	367	393
Change	-	-2.96%	-21.37%	7.77%	32.43%	14.97%	9.47%	-11.35%	20.73%	18.18%	0%	2.56%	18.75%	6.67%	3.95%	-8.23%	6.9%	10.65%	-2.04%	0%	9.23%	7.08%
Charge d'intérêts ¹	-6	-5	-10	-7	-8	-3	-5	-8	-7	-20	-	-26	-34	-32	-39	-32	-26	-	-	-43	-39	-39
Earnings before Tax (EBT) ¹	129	126	93	104	139	166	180	156	191	214	232	214	251	272	277	258	284	298	302	293	331.5	360.5
Change	-	-2.33%	-26.19%	11.83%	33.65%	19.42%	8.43%	-13.33%	22.44%	12.04%	8.41%	-7.76%	17.29%	8.37%	1.84%	-6.86%	10.08%	4.93%	1.34%	-2.98%	13.14%	8.75%
Net income ¹	105	101	70	81	111	126	139	116	148	169	179	168	199	213	209	204	225	240	222	224	259.5	282
Change	-	-3.81%	-30.69%	15.71%	37.04%	13.51%	10.32%	-16.55%	27.59%	14.19%	5.92%	-6.15%	18.45%	7.04%	-1.88%	-2.39%	10.29%	6.67%	-7.5%	0.9%	15.85%	8.67%
Announcement Date	1/29/20	5/13/20	7/17/20	10/23/20	1/28/21	5/11/21	7/16/21	10/22/21	2/4/22	5/17/22	7/19/22	10/25/22	2/1/23	5/16/23	7/19/23	10/25/23	2/6/24	5/17/24	7/18/24	10/25/24	-	-

¹SEK in Million

Estimates

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	1,056	992	1,621	1,902	2,438	2,732	1,501	581
Change	-	-6.06%	63.41%	17.33%	28.18%	12.06%	-45.06%	-61.29%
Announcement Date	5/13/20	5/11/21	5/17/22	5/16/23	5/17/24	-	-	-

¹SEK in Million

Estimates

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	91	90	112	171	119	144.7	154.2	155.4
Change	-	-1.1%	24.44%	52.68%	-30.41%	21.64%	6.53%	0.76%
Free Cash Flow (FCF) ¹	416	692	482	899	1,208	1,419	1,408	1,532
Change	-	66.35%	-30.35%	86.51%	34.37%	17.47%	-0.81%	8.81%
Announcement Date	5/13/20	5/11/21	5/17/22	5/16/23	5/17/24	-	-	-

¹SEK in Million

Estimates

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	17.15%	16.79%	19.96%	20.02%	20.96%	21.12%	21.21%	21.15%
EBIT Margin (%)	11.56%	12.93%	14.25%	14.66%	15.45%	15.47%	15.81%	15.91%
EBT Margin (%)	11%	12.27%	13.52%	13.36%	13.73%	13.79%	14.49%	14.17%
Net margin (%)	8.76%	9.48%	10.43%	10.46%	10.79%	10.53%	11.29%	11.62%
FCF margin (%)	9.95%	16.92%	8.79%	12.41%	14.86%	15.27%	13.99%	14.08%
FCF / Net Income (%)	113.66%	178.35%	84.27%	118.6%	137.74%	145.08%	123.88%	121.22%
Profitability
ROA	8.92%	8.66%	10.58%	10.65%	9.81%	-	-	-
ROE	23%	22%	28%	29%	27.08%	28.45%	25.86%	24.08%
Financial Health
Leverage (Debt/EBITDA)	1.47x	1.44x	1.48x	1.31x	1.43x	1.39x	0.7x	0.25x
Debt / Free cash flow	2.54x	1.43x	3.36x	2.12x	2.02x	1.92x	1.07x	0.38x
Capital Intensity
CAPEX / Current Assets (%)	2.18%	2.2%	2.04%	2.36%	1.46%	1.56%	1.53%	1.43%
CAPEX / EBITDA (%)	12.69%	13.1%	10.24%	11.78%	6.98%	7.38%	7.23%	6.75%
CAPEX / FCF (%)	21.88%	13.01%	23.24%	19.02%	9.85%	10.2%	10.96%	10.14%
Items per share
Cash flow per share ¹	2.49	3.84	2.91	-	6.443	8.3	7.4	8.2
Change	-	54.2%	-24.2%	-	-	28.82%	-10.84%	10.81%
Dividend per Share ¹	0.6667	1	1.3	1.6	1.9	2.093	2.383	2.577
Change	-	50%	30%	23.08%	18.75%	10.18%	13.85%	8.11%
Book Value Per Share ¹	8.287	9.12	10.94	14.61	16.84	19.58	22.85	26.25
Change	-	10.06%	19.96%	33.55%	15.26%	16.29%	16.66%	14.92%
EPS ¹	1.797	1.91	2.8	3.7	4.25	4.722	5.489	6.089
Change	-	6.31%	46.6%	32.14%	14.86%	11.11%	16.23%	10.94%
Nbr of stocks (in thousands)	203,177	203,421	203,637	205,930	205,955	206,064	206,064	206,064
Announcement Date	5/13/20	5/11/21	5/17/22	5/16/23	5/17/24	-	-	-