Lagercrantz Group AB Reports Consolidated and Parent Company Earnings Results for the Third Quarter and Nine Months December 31, 2015; Provides Earnings Guidance for the Year 2015
For the nine months, on consolidated basis, the company reported net revenue of SEK 2,267 million against SEK 2,062 million a year ago. Operating profit was SEK 231 million against SEK 198 million a year ago. Net profit for the period was SEK 175 million against SEK 147 million a year ago. EBITA was SEK 260 million against SEK 211 million a year ago. Earnings per share after dilution were SEK 2.57 against SEK 2.16 per share a year ago. Cash flow from operating activities was SEK 193 million against SEK 173 million a year ago. Investment in businesses was SEK 331 million against SEK 74 million a year ago.
For the quarter, on parent basis, the company reported net revenue of SEK 8 million against SEK 8 million a year ago. Operating loss was SEK 7 million against SEK 5 million a year ago. Net loss for the period was SEK 5 million against SEK 5 million a year ago.
For the nine months, on parent basis, the company reported net revenue of SEK 25 million against SEK 25 million a year ago. Operating loss was SEK 18 million against SEK 10 million a year ago. Net profit for the period was SEK 233 million against SEK 208 million a year ago.
For the year ended December 31, 2015, the company expects revenue of SEK 3,051 million, profit after taxes of SEK 231 million, return on equity of 25%, operating profit per share after dilution was SEK 4.54, cash flow from operations per share after dilution of SEK 4.23 and cash flow per share after dilution of SEK 0.02.