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Lagercrantz Group AB: 1 director

A director at Lagercrantz Group AB sold 2,000 shares at 164.500SEK and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cl...

Erik Cassel
  • Erik Cassel

Lagercrantz Group - Extrapolating higher margins

Adj. EBITA was 4% better then ABGSCe and cons We raise ‘21/22e EBITA 6% on M&A and higher margins No longer valued at a discount to peer group

Erik Cassel
  • Erik Cassel

Lagercrantz Group - Exceptional margins

Sales SEK 1,118m up 1% y-o-y (ABGSCe +5%) EBITA 192m, +7% vs. ABGSCe and 8% vs cons Expect cons. EBITA estimates up 3-4%

Erik Cassel
  • Erik Cassel

Lagercrantz Group - Yet another quarter of good margins

Sales down 1% y-o-y (-1% organic & +2% M&A) Solid margins drove EBITA 9% above ABGSCe EBITA estimates up 4% for ‘20/21e-‘22/23e

Erik Cassel
  • Erik Cassel

Lagercrantz Group - Sales in line but with strong margins

Sales SEK 1,078 down 1% y-o-y (ABGSCe -1%) EBITA SEK 168m (+9% vs. ABGSCe) Expect cons. EBITA estimates up 2% on isolated Q3

Erik Cassel
  • Erik Cassel

Lagercrantz Group - Volumes and margins on a par with last year

Q3e sales of SEK 1,094 and EBITA of SEK 166m FY ‘21/22e sales 3% higher on M&A Report due 28 January

Oskar Vikström
  • Oskar Vikström

Lagercrantz Group - A good quarter with resilient margins

EBITA up 5% on solid margin of 14.4% (ABGSCe 13.2%) End-markets recovering towards more normal levels Acquisition outlook remains favorable

Oskar Vikström
  • Oskar Vikström

Lagercrantz Group - We expect another mild quarter

Report due 23 October Expect sales of SEK 923m and EBITA of SEK 122m No major estimate changes, long-term outlook intact

Oskar Vikström
  • Oskar Vikström

Lagercrantz Group - Margins not hurt as badly as anticipated

Sales down 4% (-7% organic), EBITA -5% y-o-y EBITA estimates up 2-3% on higher margins Share trading at 19.5x ’21/22e EV/EBITA

Oskar Vikström
  • Oskar Vikström

Lagercrantz Group - Negative growth in Q1e

Q1e sales of SEK 986, EBITA of SEK 116m FY’20/’21e EBITA -2% y-o-y on margin down 20bp Report due 17 July

Oskar Vikström
  • Oskar Vikström

Lagercrantz Group - Below expectations, electronics dragging

Sales up 3% (-2% organic), EBITA flat y-o-y Long-term outlook intact, but the near-term is challenging Share trading at 17.2x ’20/21e EV/EBITA

Oskar Vikström
  • Oskar Vikström

Lagercrantz Group - We expect flat organic growth in Q4

Look for Q4 sales of SEK 1,130 and EBITA of SEK 165m FY’20/’21e EBITA +3%, on higher margin Report due 13 May

Oskar Vikström
  • Oskar Vikström

Lagercrantz Group - We expect negative growth in FY’20/21

EPS estimates down -13% FY’20/21 and -11% FY’21/22 Mechatronics and Electronics expected to drag De-rating from peak levels now trading at historic average

Oskar Vikström
  • Oskar Vikström

Lagercrantz Group - The margin expansion story continues

Sales up 9% (0% organic), EBITA up 14% Long-term estimates left largely unchanged Share up 9% on the day, trading 22% above 5y average

Oskar Vikström
  • Oskar Vikström

Lagercrantz Group - Expect a good Q3’19/20, despite tough comps

Expect EBITA up 14% y-o-y and margin up 50bp Change in ‘20 and ’21 estimates by excluding future M&A Share is trading significantly above historic levels

Oskar Vikström
  • Oskar Vikström

Lagercrantz Group - The downturn taking its toll

Sales growth 7% y-o-y (flat organically) Adj. EBITA -1% vs. ABGSCe Share up >40% YTD, 6% above EV/EBITA 5Y avg.

Oskar Vikström
  • Oskar Vikström

Lagercrantz Group - Expect a challenging quarter

Q2 report on 23 October We expect weak organic growth, due to macro worries EV/EBITA ’19e above peer average

Oskar Vikström
  • Oskar Vikström

Lagercrantz Group - Stable growth with increasing margins

Sales up 7% y-o-y (3% organic & 4% M&A) Solid growth despite Easter effect and challenging comps Estimates down slightly, but overall growth trend intact

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...

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