Lagercrantz Group AB (OSTO:LAGR B)
kr 204 6 (3.03%) Market Cap: 42.04 Bil Enterprise Value: 45.32 Bil PE Ratio: 46.26 PB Ratio: 12.44 GF Score: 91/100

Q2 2023 Lagercrantz Group AB Earnings Call Transcript

Oct 25, 2022 / 08:00AM GMT
Release Date Price: kr91.85 (+8.06%)
Operator

(technical difficulty)

So we posted a strong revenue growth of 39% in Q2 and also a very good -- we believe very strong organic growth. We had some strong -- really strong organic growth last year, but it likely went down a little bit in Q1 but picked up, here again, a little bit in Q2. So that's a strong sign from us, we think, that the organic growth is keeping up at a good pace. And then we added some 24% of the revenue growth was coming from acquisitions, and then we have a positive currency effect of 4% as well.

The quarter has been for us, but we have also done very good -- I think, very good proactive management with a lot of price adjustments still, even though a little bit slightly less than before, I would say. But still, we have been able to keep our margins at a good level and have some pricing power in the -- where we work with the very specialized companies we have in many instances. But we have been dealing with increased -- seeing raw material cost increases still. And we've also seen some companies, especially within the control division still struggling with component

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot