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Lagercrantz Group AB (LAGRB-OTC) is positioning itself as a robust player in the industrial sector, focusing on strategic acquisitions that further enhance its portfolio. With an impressive revenue growth of 13% and profit growth of 12% in 2024, the company has outperformed global GDP growth, showcasing its strong market position. Although trading at a price-to-earnings ratio of 40x may seem slightly elevated, many experts believe it is justified given the solid financial performance. Additionally, the company offers a dividend yield of 0.85%, with expectations of an annual growth rate of around 15%. Overall, the stock has seen an 8% increase in value this year, reflecting positive market sentiment.
Lagercrantz Group AB is a OTC stock, trading under the symbol LAGRB-OTC on the (). It is usually referred to as or LAGRB-OTC
In the last year, there was no coverage of Lagercrantz Group AB published on Stockchase.
Lagercrantz Group AB was recommended as a Top Pick by on . Read the latest stock experts ratings for Lagercrantz Group AB .
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In the last year, there was no coverage of Lagercrantz Group AB published on Stockchase.
On , Lagercrantz Group AB (LAGRB-OTC) stock closed at a price of $.
Serial acquirers of various industrial companies across the board. Grew revenues at 13% in 2024 and profits 12%, beating global GDP growth. Trades at 40x PE, slightly high but worth it. The dividend yield of 0.85% grows around 15% annually. Shares are up 8% this year.