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LAGR B Lagercrantz AB News Story

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Lagercrantz shares jump after Q4 results beat estimates

** Shares of Lagercrantz LAGRb.ST are up about 7% after the Swedish provider of electronics and communications solutions reported Q4 results above market expectations

** The stock is among top gainers on Europe's benchmark STOXX 600 index .STOXX and on track for its biggest one-day rise since February 6 if the gains hold

** Lagercrantz's Q4 EBITA of SEK 536 million ($57 million) was 5.2% above consensus, SB1 Markets says in a research note published on Swedbank Aktiellt

** Organic revenue growth was 6% while the market had expected 3%, the broker adds

** SB1 Markets reiterates "buy" rating and says it expects consensus EBITA estimates to be raised by 2-4% for FY 2026/27 and FY 2027/28

($1 = 9.4056 Swedish crowns)

(Reporting by Alexander Klyve Gudbrandsen)

((alexanderklyve.gudbrandsen@thomsonreuters.com))

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