Interim report, January – September 2012
- Orders received MSEK 2,385 (2,270). After adjustments for acquired operations and currency effects, orders received have increased by 4 % compared with the previous year
- Net sales MSEK 2,314 (2,221). After adjustments for acquired operations and currency effects, sales have increased by 3 %
- Operating profit MSEK 193.4 (230.8). Operating margin 8.3 % (10.4 %)
- Profit after tax MSEK 114.8 (140.8)
- Earnings per share SEK 9.10 (11.16)
Comments by CEO Johan Hjertonsson:
- Increased sales compared with the previous year
- The effects of the financial downturn were felt, primarily, within Retail lighting, resulting in a lower level of orders received and a weaker operating margin than in the corresponding quarter during the previous year
- Continued focus on adapting expenses but investments in product development continue
- Good cash flow during the quarter
- Negative impact of currency effects
- We estimate that we are increasing market share in all product areas
Disclosures may be submitted by
Johan Hjertonsson CEO tel: 46 36 10 87 06 mobile: 46 70 229 77 93 e-mail: johan.hjertonsson@fagerhult.se
Håkan Gabrielsson CFO tel: 46 8 52 23 59 48 mobile: 46 70 84 40 918 e-mail: hakan.gabrielsson@fagerhult.se
Fagerhult is one of Europe’s leading lighting groups with approximately 2,200 employees and operations in 17 countries. We create modern products and exciting, energy-efficient and environmentally-adapted lighting installations, successfully integrated into their individual environments. The Group includes such strong brands as Fagerhult, Ateljé Lyktan, LTS, Whitecroft Lighting and Designplan Lighting. AB Fagerhult is listed on the Nasdaq OMX Nordic Exchange in Stockholm.
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