Sweden's Lagercrantz Q1 revenue beats estimates on acquisitions
Sweden's Lagercrantz Q1 revenue beats estimates on acquisitions
Overview
Sweden tech group reported fiscal Q1 revenue up 18%, beating analyst expectations
Fiscal Q1 EBITA rose 15% but missed analyst estimates
Company completed six acquisitions in Q1, contributing to revenue and earnings growth
Outlook
Company did not provide specific guidance or forecasts for the current quarter or full year
Result Drivers
ACQUISITIONS - Six acquisitions in Q1 and 14 since April 2025 contributed to revenue and earnings growth
ORGANIC GROWTH - Organic revenue growth was 6%, with high activity in several key markets
STABLE BUSINESS CONDITIONS - Group’s companies adapted well and overall business situation developed in a stable and positive way despite uncertain external environment
Company press release: ID:nMFN6VcS0R
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Revenue | Beat | SEK 2.91 bln | SEK 2.87 bln (6 Analysts) |
Q1 Net Income |
| SEK 315 mln |
|
Q1 EBITA | Miss | SEK 498 mln | SEK 517.60 mln (5 Analysts) |
Q1 Adjusted Free Cash Flow |
| SEK 279 mln |
|
Q1 EBITA Margin |
| 17.10% |
|
Q1 Pretax Profit |
| SEK 405 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the consumer goods conglomerates peer group is "buy"
Wall Street's median 12-month price target for Lagercrantz Group AB is SEK282.50, about 15.1% above its July 16 closing price of SEK245.40
The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 31 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)